Open AccessFINANCIAL RATIO OF NUCLEAR AND HYDROPOWER ENTERPRISES OF UKRAINE
Author(s) -
О. В. Абакуменко,
Pavlo Oleksandrovych Lukyashko
Publication year - 2017
Publication title -
naukovij vìsnik polìssâ
Language(s) - English
Resource type - Journals
eISSN - 2412-2394
pISSN - 2410-9576
DOI - 10.25140/2410-9576-2017-1-2(10)159-165
Subject(s) - modernization theory , hydroelectricity , energy sector , electricity , business , electric power , nuclear power , politics , economics , finance , power (physics) , industrial organization , economic system , economic growth , political science , engineering , ecology , physics , quantum mechanics , law , electrical engineering , biology
Urgency of the research. The urgency of power sector modernization increased greatly as a consequence of the changes in Ukraine`s energy sector on account of political events of 2013-2015 years.Target setting. Development of proposals for improving Ukraine's energy sector should be based on existing features and problems of its functioning.Actual scientific researches and issues analysis. Pricing issues in the electric power market and are reflected in the works of such scholars as O. Bilotserkivsky, A. Borisenko, A. Voinov, A. Mazurenko, E. Olesevich, S. Saukh, O. Stoyan, K. Uschapovsky, N. Shiryaeva and others.Uninvestigated parts of general matters defining. Scientists pay much attention to the analysis of general-sectoral and general-market indicators of electricity sector, while the micro problems remain largely unnoticed by researchers, although the characteristics and problems of enterprises largely determine the overall industry turmoil.The research objective. The article is focused on the identification of common trends and problems of development of power generating segment of the electricity sector of Ukraine, namely nuclear and hydroelectric power companies.The statement of basic materials. Financial reports of SE "NNEC "Energoatom" and JSC "Ukrhydroenergo" indicate the existence of common features of their activities, despite divergent trends of development. The common features are the high volume of funds of products and the corresponding need for financial resources to restore production capacity. And while the growth of fixed assets of JSC "Ukrhydroenergo" is largely provided by state support through the establishment of sufficiently high prices for the products, the SE "NNEC" Energoatom" is disregarded and gradually loses production potentialConclusions. A common problem in functioning of nuclear and hydropower energetic is finding sources for financing fixed assets, which actually disappear under current conditions. Mechanisms of support of satisfactory condition and dynamics of fixed assets of JSC "Ukrhydroenergo" cannot be extended to the entire energetic sector.