ECONOMIC DIAGNOSTICS OF UKRAINE'S ENERGY TRANSFORMATION IN THE CONTEXT OF CURRENT CHALLENGES
Анотація
The article examines the state and prospects for the development of the electricity generation industry as a strategic foundation for ensuring macroeconomic stability and energy security of the state in conditions of full-scale war. It is substantiated that military aggression, targeted attacks on critical infrastructure facilities, human capital shortages, and critical depreciation of fixed assets have significantly increased the vulnerability of the traditional centralized model of resource provision, highlighting the need for deep decentralization and decarbonization of the energy sector. It has been established that distributed generation in modern conditions is not only a tool for overcoming capacity shortages, but also a key factor in business continuity and its adaptation to severe environmental changes in the external environment, in particular the implementation of the European CBAM mechanism. The level of market concentration and barriers to entry into the industry are analyzed, as well as unresolved aspects of the integration of renewable energy sources and storage systems into the country's overall energy system are outlined. The need to develop comprehensive mechanisms to stimulate the energy transformation of enterprises in the context of infrastructure losses, a systemic debt crisis in the market, and growing macroeconomic risks is substantiated. Key areas of technological transformation of the industry have been identified that contribute to increasing its economic sustainability: the development of decentralized biofuel generation, the implementation of energy storage systems (BESS), the use of innovative market instruments (PPAs), and overcoming the shortage of human capital through inclusive corporate education. The study is based on a systemic approach to considering the domestic electric power industry as a complex ecosystem, which under martial law is transformed from a centralized model into a decentralized basic mechanism for preserving the viability of economic entities and maintaining the macroeconomic stability of the state.
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