Regulatory and Institutional Frameworks for Ensuring Financial Security in Ukraine's Energy Sector: Challenges and Future Outlook

Abstract

The study aims to analyze the existing regulatory and institutional foundations for establishing financial security in Ukraine's energy sector in the context of prospects for improvement and addressing related challenges. The article examines the basic conceptual principles of achieving energy security, including integration into a unified European energy space, ensuring stable energy independence, enhancing energy efficiency, and maximizing the potential of renewable energy sources. The proposed model of forming financial security in the energy sector and strategies for diversification and collaboration between Ukraine and the developed international community are critically evaluated. The study identifies ways to optimize the institutional and regulatory framework for financial security in the energy sector, including modernizing energy infrastructure, harmonizing legislation with European standards, and diversifying supply. The findings conclude that Ukraine's integration into the European unified energy space and robust investment support from the international community are considered prerequisites for the intensive development of Ukraine's energy sector.