Scientists are focusing on the introduction of various types of renewable energy sources and the liberalization of energy markets in the regions of the country. The problems of preventing the achievement of goals and various strategies to achieve maximum energy conservation and overcoming the current economic and environmental crisis in Ukraine also remain unresolved. We can observe the experience of the leading countries in the electricity sector, which proves that reforming the electricity sector in Ukraine is inevitable. This, in turn, is a critical factor in stimulating economic and social growth and improving the competitiveness of the regions of Ukraine. Given the above, the necessity for the study of the level of efficiency (competitiveness) and the functioning of the regional energy markets of Ukraine is obvious.
This study shows that the efficiency of electricity in the western region is relatively low due to the lack of competition, the presence of an ineffective system of subsidizing the population with cheap resources, the non-transparency of trade operations, excessive regulation of state generation, the lack of a “balanced” system of market functioning, etc.