The Index covers 287 indicators grouped into 8 categories and based on specific requirements of European and national legislation, as well as best global practices. The assessment was conducted solely on the basis of processing data from open sources and is focused on three components: energy markets performance, information on consumption, and cross-sectoral categories that shape the framework conditions in these markets.
The final score of Ukraine – 43 of 100 possible – indicates the insufficient transparency. Information gaps discovered in the course of the assessment and various shortcomings in providing information are the basis for specific recommendations, which are presented at the end of each section of the Index.
Particular attention should be paid to reforms in the gas and electricity sector, as the liberalization of these markets should provide better conditions for transparency both for natural monopolies (system operators) and for players in the wholesale and retail markets. Other important areas of improvement include corporate reporting, particularly non-financial reporting, information on payments and quasifiscal transactions, as well as greater transparency of government activities in the design and implementation of energy policy.
Detailed assessment table of Energy Transparency Index download