A. Zaverbny

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A b s t r a c t . The article discusses the historical background and problems of reforming electricity markets in the European Union. It elaborates on the dynamics of the main indicators and analyses the main trends in the EU electricity sector. The article presents statistics on the energy production and consumption in the EU and examines the legal framework of the electricity industry reform.

Key words: electric energy markets, reforming energy markets in the EU, liberalization of electric markets.

"2013 vol.2 No. 1"

an international quarterly journal on economics of technology and modelling processes