Energy Transparency Index 2020
The Energy Transparency Index has been developed to assess the actual status of availability and quality of information in the sector, diagnose gaps, make an in-depth analysis of transparency with the breakdown into categories, criteria, and particular energy markets, and track progress.
The Index’s ultimate beneficiaries are the consumers, as their awareness improves the possibility of protecting their rights and helps rationalize economic behavior in the market. More transparent and competitive energy markets will promote the improvement of services for consumers and fair pricing. A strong interest in the Index exists among companies and potential investors seeking an open, competitive environment, a better relationship with the government and communities, and reducing business risks. The Index will help public authorities responsible for information disclosure to improve their transparency and respective regulations. Foreign partners will be able to better understand the energy policy and markets of Ukraine.
The third issue of the Index includes 210 indicators grouped into 8 categories and is based on specific regulatory requirements and best global practices of information disclosure. The assessment was based on data analysis solely from open sources, focusing on the energy sector performance along the value chain, i.e., from production to consumption.
According to the assessment made in 2020, Ukraine’s total score is 58 out of 100, indicating medium transparency of the sector. Transparency in most categories has increased by 3 to 15 points, while the total score increased by 10 points compared to the 2019 assessment.
The table of transparency indicators, which contains assessments and comments, can be found in Index assessment table.
This publication was developed under the USAID Energy Sector Transparency project implemented by DiXi Group. This study is made possible by the support of the American people through the United States Agency for International Development (USAID). The contents are the sole responsibility of the DiXi Group and do not necessarily reflect the views of USAID or the United States Government.