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Mathematical model of Ukrainian coal industry development under conditions of international competition

Stohniy O.V., PhD (Engin.), Kaplin M.I., Makarov V.M., Bilan T.R.
Institute of General Energy of the National Academy of Sciences of Ukraine, 172 Antonovycha St., Kyiv, 03680, Ukraine
Language: Ukrainian
Source: The Problems of General Energy, 2014, 1(36):24-32
Section: Mathematical modeling of energy facilities and systems
UDC: 004.942:622.68
Received: 18.02.2014
Published: 19.03.2014

Abstract:

The forecasting model for the Ukrainian coal industry development under conditions of international competition accounts for market conditions of the industry operation by adding the sources of imported fuel supply to the list of coal producers, thus introducing the competitive fundamentals for operation of the domestic producers. The competitiveness of the domestic coal enterprises is achieved in the model by reducing production cost at making capital investments in their fixed assets and proper assessment of the technological and economic efficiency of these investments.

Keywords: coal industry, development model, competition, domestic production, import, production cost, investments.

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