The Current State of the Energy Market and Monitoring of the Key Issues in the Innovation Management System
Barna S. S., Shpak Y. O.

Barna, Stepan S., and Shpak, Yaroslav O. (2020) “The Current State of the Energy Market and Monitoring of the Key Issues in the Innovation Management System.” The Problems of Economy 2:71–81.
https://doi.org/10.32983/2222-0712-2020-2-71-81

Section: Economics and national economy management

UDC 330

Abstract:
The factors affecting the innovative development of energy service enterprises are considered. The aim of the study is to establish the relationship between the energy policy, willingness of the population to use measures to improve energy efficiency and innovative potential of energy service companies. The review of scientific papers on energy security and environmental safety shows the relevance of developing mechanisms for reforming the energy market through considering the level of development of innovations and their management at the energy company level. The objects of the study are 5 energy companies in Western Ukraine (Ternopiloblenergo, Lvivoblenergo; Chernivtsioblenergo; Rivneoblenergo; Volynoblenergo), which are the main energy providers in the region and, accordingly, reflect the general trends in the formation of the energy market. The methodological tools of the study are the focus group method, personal interviews, variation of parameters, statistical observation, induction, deduction, generalization. The article presents external and internal factors affecting innovative development of energy enterprises. The aspects of the regulatory policy in the energy market are considered. Risks for the development of the energy market and provision of quality energy services are identified. A low level of innovative development of personnel in the energy sector is noted. The importance of enhancing the cooperation of energy enterprises with the united territorial communities with the aim of implementing the approved legal norms for reforming the energy market in Ukraine is taken into account. Among the measures to strengthen the motivation of the population to use energy saving technologies, intensification of activities of media and other information providers is noted. The results of the study may be useful for managers of energy companies, the heads of the united territorial communities and associations of co-owners of apartment buildings, scientists working on projects to improve energy conservation.

Keywords: energy service companies, alternative energy, renewable energy sources, innovative development, innovative potential, energy security and environmental safety.

Fig.: 12. Bibl.: 17.

Barna Stepan S. – Applicant, Department of International Tourism and Hotel Business, Ternopil National Economic University (11 Lvіvska Str., Ternopil, 46020, Ukraine)
Email: stepanbarna@gmail.com
Shpak Yaroslav O. – Applicant, Department of International Tourism and Hotel Business, Ternopil National Economic University (11 Lvіvska Str., Ternopil, 46020, Ukraine)
Email: veritex.agro@gmail.com

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