Energy Security of Ukraine: External Threats From the Russian Federation
Energy Security of Ukraine: External Threats From the Russian Federation

Summary/Abstract: A country’s energy security is an important component of its overall national security, as energy supply is essential for the functioning of its national economy and the livelihoods of its population. The purpose of this research is to develop practical tools for analyzing the condition of Ukraine’s energy sector, and to provide practical recommendations for potential development and integration into the single European energy system. The practical value of the research findings is that the SWOT-analysis (Strengths – Weakness – Opportunities – Troubles) of the energy sector of Ukraine which makes it possible to identify the most acute problems and threats that have a negative impact on the energy sector of Ukraine and its integration into the European common energy system. Based on the results of the conducted SWOT- analysis, three potential scenarios for the development of Ukraine’s energy sector are proposed: a “no change” scenario (preservation of current trends and state of affairs); an “unfriendly influence” scenario (no systemic changes in energy policy combined with the escalation of aggression by the Russian Federation); and a “positive transformation” scenario (targeted efforts aimed at achieving the goals set out in this Strategy). The paper suggests the following possible ways of ensuring energy import substitution for Ukraine: development of renewable energy; development of energy efficiency; development of its own oil and gas industry; development of alternative energy sources; diversification of energy import sources; development of energy infrastructure; developing energy self-sufficiency in its individual regions.

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