ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

MONITORING OF THE INSTITUTIONAL ENVIRONMENT OF THE ACTIVITY OF THE GAS DISTRIBUTION NETWORKS OF THE REGION

Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.1, No. 40)

Publication Date:

Authors : ;

Page : 76-83

Keywords : institutional environment; energy resources; monitoring; regional policy; regional gas distribution networks; infrastructure provision;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

This article monitors various types of institutions that influence the institutionalization of regional gas distribution networks. It is found that the institutional environment is formed as a result of the direct and indirect influence of internal and external factors exogenous and endogenous. The scientific basis and convictions of scientists and researchers on the «institutional environment» are systematized. Institutes and institutions with the further direction of their functional influence on the activity of gas distribution enterprises are analyzed. It is proved that the developed institutional environment groups the spectrum of necessary institutions, mutually coordinating them. This process causes a chain effect on the internal business processes of gas distribution networks, increasing the international image of the Ukrainian gas transmission system, quality energy services, approximation of the European base to Ukrainian realities. Examining the global trends of institutionalization of energy markets, the need for further deepening of infrastructure components and further redistribution of regulatory powers to regional authorities was noted. In general, in summary, it should be understood that the purpose of the institutional approach is to monitor and stimulate the activities of regional gas distribution companies and institutions that regulate it. We propose to understand the institutional environment of gas distribution networks — purposeful activity and influence of entities on the functioning of gas distribution companies in the region through internal and external factors that synthesize and intertwine legal, political, scientific, economic, social, cultural and other institutions due to their improvement. However, further institutional support for the transformation of the energy services market in Ukraine and the regions in the direction of improving energy efficiency and energy security is designed to move forward given global trends of institutionalization to deepen and further infrastructural elements of redistribution of regulatory powers to regional authorities.

Last modified: 2021-03-19 22:55:35