KEY DETERMINANTS, PRECONDITIONS FOR THE FUNCTIONING AND DEVELOPMENT OF THE FUEL AND ENERGY COMPLEX OF UKRAINE
DOI:
https://doi.org/10.31471/2409-0948-2026-1(33)-75-90Keywords:
fuel and energy complex, coal, oil, gas, energy generation, renewable energy, infrastructure, exchange prices, energy system, energy security.Abstract
Abstract. The article is devoted to the analysis of the main determinants, the justification of the historical and evolutionary prerequisites of the state and further development of the fuel and energy complex of Ukraine. The significance of the functioning of the fuel and energy complex, its key role in ensuring the functioning of the branches of the national economy and the vital activity of the population is substantiated. The dynamics of world prices for coal, oil and natural gas, which play a key role in the structure of the fuel and energy complex, are analyzed. It is shown that the state and trends in the functioning of the fuel and energy complex are influenced by various factors (in particular, under the influence of market factors, sanctions and adopted political decisions, the price of Russian Urals oil during January-February 2026 was below $60 per barrel, and under the influence of the war in the Middle East, the price of Russian oil in early April 2026 exceeded $120 per barrel). It is described that the energy sector of Ukraine operates in difficult conditions of global turbulence, historically and evolutionary structural imbalances, large-scale challenges and threats caused by the war. It is found that the historical and evolutionary process of demonopolization and liberalization of the energy sector of Ukraine, despite its strategic necessity, has formed a complex of institutional, regulatory and market risks, which, combined with technical and military threats, determine the current configuration of challenges for the functioning of the fuel and energy complex of Ukraine. It is substantiated that the stability and maintenance of operational stability of the fuel and energy complex of Ukraine has been significantly reduced due to systemic attacks on critical energy facilities, losses of generation, transmission and distribution capacities, losses of capacities of the oil and gas complex and coal industry, high dependence on the influence of external environmental factors. It is noted that a characteristic feature of the present time has become a more noticeable role of the state as a regulator and as a shareholder, which is logical in conditions of martial law; as well as the need to import energy due to the loss of generating capacities.
References
1. Papadis, E., & Tsatsaronis, G. (2020). Challenges in the Decarbonization of the Energy Sector. Energy, 205, 118025.
2. Rossi, M., Jin, L., Monforti Ferrario, A., & et al. (2024). Energy Hub and Micro-Energy Hub Architecture in Integrated Local Energy Communities: Enabling Technologies and Energy Planning Tools. Energies, 17(19), 4813. DOI: https://doi.org/10.3390/en17194813
3. Thanh, L. H., & Thanh, T. T. (2022). Global Value Chains and Energy Security: Evidence from Global Sample. Energy Strategy Reviews, 42, 100870.
4. Ukoba, K., Olatunji, K. O., Adeoye, E., Jen, T.-C., & Madyira, D. M. (2024). Optimizing Renewable Energy Systems through Artificial Intelligence: Review and Future Prospects. Energy & Environment, 35, 3833–3879.
5. Wang, J., Wan, Y., Kober, T., & Schildhauer, T. (2023). Conditions for Profitable Operation of P2X Energy Hubs to Meet Local Demand under Market Access. Advances in Applied Energy, 10, 100127.
6. Wan, Y., Kober, T., & Schildhauer, T. (2023). Conditions for Profitable Operation of P2X Energy Hubs to Meet Local Demand under Market Access. Advances in Applied Energy, 10, 100127.
7. Wu, Y., Wu, Y., Guerrero, J. M., & Vasquez, J. C. (2021). Digitalization and decentralization driving transactive energy Internet: Key technologies and infrastructure. International Journal of Electrical Power and Energy Systems, 126, 106593.
8. Zhang, J. (2023). Energy Management System: The Engine for Sustainable Development and Resource Optimization. Highlights in Science, Engineering and Technology, 76, 618–624.
9. Andrusiv, U. (2025). Instytutsiini osoblyvosti enerhetychnoho rynku Ukrainy: vyklyky dlia treideriv. Naukovyi visnyk Ivano-Frankivskoho natsionalnoho tekhnichnoho universytetu nafty i hazu. Seriia «Ekonomika ta upravlinnia v naftovii i hazovii promyslovosti», 1(31), 46–56. DOI: https://doi.org/10.31471/2409-0948-2025-1(31)-46-56
10. Bobrov, Ye. A. (2013). Enerhetychna bezpeka derzhavy: monohrafiia. Kyiv: Universytet ekonomiky ta prava «KROK», 308 s.
11. Vasylkivskyi, D. (2024). Vykorystannia enerhoefektyvnykh tekhnolohii u formuvanni natsionalnoi polityky pidvyshchennia enerhoefektyvnosti. Herald of Khmelnytskyi National University. Economic Sciences, 326(1), 470-473. DOI: https://doi.org/10.31891/2307-5740-2024-326-75
12. Voynarenko, M., Dykha, M. V., Mykoliuk, O., Yemchuk, L., & Danilkova, A. (2018). Assessment of an enterprise’s energy security based on multi-criteria tasks modeling. Problems and Perspectives in Management, 16(4), 102–116. DOI: http://dx.doi.org/10.21511/ppm.16(4).2018.10
13. Horal, L. (2024). Stratehichni aspekty upravlinnia enerhetychnoiu bezpekoiu promyslovykh pidpryiemstv v umovakh minlyvosti zovnishnoho seredovyshcha. Herald of Khmelnytskyi National University. Economic Sciences, 334(5), 404–411. DOI: https://doi.org/10.31891/2307-5740-2024-334-61
14. Dzoba, O. H., & Kinash, I. P. (2019). Vplyv hlobalnykh chynnykiv na rozvytok hazovoho rynku. Naukovyi visnyk Ivano-Frankivskoho natsionalnoho tekhnichnoho universytetu nafty i hazu. Seriia: Ekonomika ta upravlinnia v naftovii i hazovii promyslovosti, 2, 33–44. URL: http://elar.nung.edu.ua/handle/123456789/7462
15. Dzoba, O. H. (2025). Stiikist, adaptyvnist, intehratsiia yak novitni kontsepty rozvytku enerhetyky. Naukovyi visnyk Ivano-Frankivskoho natsionalnoho tekhnichnoho universytetu nafty i hazu (seriia «Ekonomika ta upravlinnia v naftovii i hazovii promyslovosti», 2(32), 39–50. DOI: https://doi.org/10.31471/2409-0948-2025-2(32)-39-50
16. Dumanska, I. (2025). Energy security of Ukraine through the lens of european union sustainable development practices. MODELING THE DEVELOPMENT OF THE ECONOMIC SYSTEMS, 4, 243–252. DOI: https://doi.org/10.31891/mdes/2025-18-30
17. Matiichuk, L. P. (2023). Analiz ta otsiniuvannia tendentsii formuvannia indykatoriv stanu elektroenerhetychnoho rynku Ukrainy yak osnovnoho bazysu dlia formuvannia yii elektroenerhetychnoi bezpeky. Aktualni problemy innovatsiinoi ekonomiky ta prava, 1-2, 36–43. URL: https://repo.btu.kharkiv.ua/server/api/core/bitstreams/b15b7eed-528a-4675-8e8a-2020f15419d1/content
18. Sukhodolia, O., Kharazishvili, Yu., & Bobro, D. (2020). Metodolohichni zasady identyfikatsii ta stratehuvannia rivnia enerhetychnoi bezpeky Ukrainy. Ekonomika Ukrainy, 6(703), 20–42. DOI: https://doi.org/10.15407/economyukr.2020.06.020
19. Yatsenko, O., Mordan, V., & Yatsenko, O. (2025). Potentsial vodniu dlia staloho rozvytku hlobalnoi enerhetyky: innovatsii ta dynamika torhivli. Herald of Khmelnytskyi National University. Economic Sciences, 338(1), 94–100. DOI: https://doi.org/10.31891/2307-5740-2025-338-13
20. Dykha, M., & Dykha, V. (2024). Instrumenty khedzhuvannia v upravlinni tsinovymy ryzykamy (na prykladi ahrarnoho i enerhetychnoho rynkiv Ukrainy). Ekonomika Ukrainy, 67(03(748), 19–36. DOI: https://doi.org/10.15407/economyukr.2024.03.019 ; URL: https://nasu-periodicals.org.ua/index.php/economyukr/article/view/2024-03-2/2024-03-02
21. Dykha, M., & Dykha, V. (2023). Bezpieczeństwo energetyczne Ukrainy pod pryzmatem wojny. Prace naukowe Wyższej Szkoły Zarządzania i Przedsiębiorczości z siedzibą w Wałbrzychu. Poland, 53(1), 71–84. URL: https://pracenaukowe.wwszip.pl/prace/PN_53.pdf
22. Dykha, V., Dykha, M., Liubokhynets, L., Tanasiienko, N., & Poplavskyi, Y. (2025). Scientific-methodical approach to assessing threats to Ukraine’s energy security using neural networks. International Interdisciplinary Scientific Journal "Expert", 2(1), 22–34. DOI: https://doi.org/10.62034/2815-5300/2025-v2-i1-002 ; URL: https://scientific-journal.expert/archives/2025-v2-i1-002
23. Zahalne enerhopostachannia (TES) za dzherelamy, Ukraina, 1990-2023 rr. URL: https://www.iea.org/data-and-statistics/data-tools/energy-statistics-data-browser?country=UKRAINE&fuel=Energy%20supply&indicator=TESbySource
24. Minfin. Indeksy. URL: https://index.minfin.com.ua/
25. Dykha, M. V. (2021). Hazovydobuvannia v Ukraini: stan, problemy, perspektyvy u systemi enerhorynku. Naukovyi visnyk IFNTUNH. Seriia: Ekonomika ta upravlinnia v naftovii i hazovii promyslovosti, 2(24), 7–16. DOI: https://doi.org/10.31471/2409-0948-2021-2(24)-7-16 ; URL: https://eung.nung.edu.ua/index.php/ecom/article/view/357/310
26. NAK «Naftohaz Ukrainy». Informatsiia ofitsiinoho saitu. URL: https://www.naftogaz.com/www/3/nakweb.nsf?Open ; https://www.naftogaz.com/files/Zvity/NG_STRATEGY_2025_18.02.2021.pdf
27. PAT «Ukrnafta». URL: https://www.ukrnafta.com/ ; https://www.ukrnafta.com/novini
28. Pro peredachu, prymusove vidchuzhennia abo vyluchennia maina v umovakh pravovoho rezhymu voiennoho chy nadzvychainoho stanu. Zakon Ukrainy. Dokument 4765-VI (potochna redaktsiia vid 21.06.2024 r. URL: https://zakon.rada.gov.ua/laws/show/4765-17#Text
29. Pro vyznannia prava vlasnosti, vytrebuvannia maina z volodinnia ta zoboviazannia vchynyty dii. Postanova № 910/14243/22 vid 24.07.2024 r. Verkhovnyi Sud. Kasatsiinyi hospodarskyi sud. URL: https://verdictum.ligazakon.net/document/120626000?utm_source=biz.ligazakon.net&utm_medium=news&utm_content=bizpress02
30. Dykha, M., & Dykha, V. (2025). Pidkhody, modeli ta instrumenty korporatyvnoho upravlinnia v umovakh viiny ta ekonomichnoi turbulentnosti. Herald of Khmelnytskyi National University. Economic Sciences, 344(4), 390–396. DOI: https://doi.org/10.31891/2307-5740-2025-344-4-54
31. Dykha, M. V., & Dykha, V. V. (2024). Ekonomika staloho rozvytku: navchalnyi posibnyk. Kyiv: Vydavnytstvo «Tsentr uchbovoi literatury», 408 s. URL: https://elar.khmnu.edu.ua/handle/123456789/17542
32. DTEK. URL: https://dtek.com/about/
33. Zbytky i vtraty enerhetyky Ukrainy vnaslidok viiny perevyshchuiut $56 mlrd. URL: https://minprom.ua/news/315189.html
34. Vyrobnytstvo elektroenerhii v Ukraini u 2023 rotsi porivniano z 2022 rokom. URL: https://greendealukraina.org/gd-tracker/figure-of-the-week/2024/ukraine-electricity-generation-2023-2022
35. Enerhetychna systema Ukrainy: stan na kinets 2024 roku ta stsenarii na 2025. URL: https://oil-gas.com.ua/statti/enerhetychna_systema_ukrainy_stan_na_kinets_2024_roku_ta_stsenarii_na_2025
36. Zvit pro priami zbytky infrastruktury vid ruinuvan vnaslidok viiskovoi ahresii Rosii proty Ukrainy stanom na lystopad 2024 roku. URL: https://kse.ua/wp-content/uploads/2025/02/KSE_Damages_Report-November-2024-UA.pdf
37. Rekordnyi import ta minimalnyi eksport elektroenerhii za ostannie desiatylittia pokazala Ukraina u 2024 rotsi. URL: https://dixigroup.org/rekordnyj-import-ta-minimalnyj-eksport-elektroenergiyi-za-ostannye-desyatylittya-pokazala-ukrayina-u-2024-roczi/
38. Prokhodzhennia osinno-zymovykh periodiv 2022-2024 rr. Stan enerhosystemy. URL: https://dixigroup.org/wp-content/uploads/2024/04/2024_winterseasons_analysis_dixi_group_final.pdf
39. Pro rynok elektrychnoi enerhii. Zakon Ukrainy vid 13.04.2017 r. № 2019-VIII (zi zminamy ta dopovnenniamy). URL: https://ips.ligazakon.net/document/T172019?an=1
Downloads
Published
How to Cite
Issue
Section
License
Copyright and Licensing Terms
Copyright Statement
The authors who publish in the journal accept the following conditions:
- The authors retain the copyright and grant the journal the right of first publication, licensed with Creative CommonsCC BY-NC-SA , which permits other people to remix, transform, and build upon the material and use the material for non-commercial purposes, give appropriate credit and distribute the contributions under the same license as the original.
- The authors can conclude additional agreements on the non-exclusive distribution of the journal’s published version of the work (for example, publication of the work in electronic repositories) with an acknowledgment of its initial publication in this journal.
- The authors can upload the published articles on the Internet (for example, in electronic repositories or on web-sites), as it will stimulate fruitful scholarly discussions and increase the citation rates of the published articles.
1.png)
1.png){kind=logo}
