Organizational and Economic Mechanisms to Increase the Efficiency of Energy Integration among Countries
Cross-country integration of national energy systems aimed at increasing the efficiency of cross-border solutions is considered to be a particularly important area in terms of ensuring the safety of the functioning of energy spaces. However, the implementation of such projects in practice is accompanied by various problems and difficulties. The purpose of the article is to consider the organizational and economic mechanisms to increase the efficiency of energy integration between countries. In accordance with this goal, the following tasks were solved: a review of the world experience in the integration of energy systems was carried out, the main methodological aspects of the process of energy integration between countries were highlighted and an analysis of the results obtained was carried out as well. The hypothesis of the article is the assumption that a systematic approach is required in order to increase the efficiency of energy integration. Integration is a strategic vector, therefore, unlimited opportunities for interaction between countries will appear with common decision that making in one direction. To achieve this objective, research methods such as data collection and analysis, synthesis, observation, comparison and comparison were used. The result of the work is the identification of prerequisites for the further development of the process of cooperation in the energy sector using the example of the Eurasian space and increasing the efficiency of international energy integration, despite the complications caused by the impact of economic and social or political factors.