Featured Galleries CLICK HERE to View the Video Presentation of the Opening of the "Holodomor Through the Eyes of Ukrainian Artists" Exhibition in Wash, D.C. Nov-Dec 2021 USUBC COLLECTION OF OVER 160 UKRAINE HISTORIC NEWS PHOTOGRAPHS 1918-1997 "HOLODOMOR 1932-33: THROUGH THE EYES OF UKRAINIAN ARTISTS" - COLLECTION OF POSTERS AND PAINTINGS USUBC COLLECTION OF HISTORIC PHOTOGRAPHS ABOUT LIFE AND CAREER OF IGOR SIKORSKY PHOTOGRAPHS - INVENTOR OF THE HELICOPTER Ten USUBC Historic Full Page Ads in the Kyiv Post
Presentation of the Ukrainian Energy
Market Efficiency Index by Energy Club
Kyiv, Ukraine, Wed, Apr 19, 2023
We are pleased to present our new project - the Ukrainian Energy Market Efficiency Index, developed by Energy Club, the largest Ukrainian business community of energy companies. This index is designed to monitor the state of interaction between energy market players and government authorities in Ukraine.
Ukrainian Energy Market Efficiency Index Ukrainian Energy Market Efficiency Index
Andriy Kostrytsia, President of Energy Club: "The introduction of the Ukrainian Energy Market Efficiency Index aims to track the dynamics of the energy market development and identify problem areas. This index will allow us to monitor the results of the interaction between business and government, as well as stimulate the improvement of the efficiency of state authorities. We believe that the implementation of such an index will contribute to the creation of a transparent and stable energy market, which is an important factor in Ukraine's European integration course."
The basis of the index consists of the arithmetic mean of the scores assigned by market participants during the survey. The index helps to identify problem areas and track the dynamics of energy market development.
As of March 2, 2023, the overall index value is 4.11. According to the index scale, less than 4 indicates discrimination of participants, 4 to 7 - energy market transformation, and more than 7 - energy market liberalization in accordance with the best European practices.
Energy Club will determine the Ukrainian Energy Market Efficiency Index quarterly with the aim of improving the interaction between business and government. We hope that this project will help create a positive climate for investments, technical modernization, and innovations in the Ukrainian energy market.
We will be glad to answer your questions and provide more information about our initiative.
President of Energy Club