Macroeconomic assessment of consequences arising from the threat of long-term shortage of energy
<b>Importance </b>The article focuses on the threat of possible shortage of energy to the country as one of the main strategic threats to the national energy security. <br></br> <b>Objectives</b> The research investigates the adverse effect of energy shortage arising from that the power engineering development lags behind needs of the economy. I also assess the probable macroeconomic effect. <br></br> <b>Methods </b>The research involved formalized methods and economic and mathematical models. <br></br> <b>Results </b>The article assesses the macroeconomic damage of the energy shortage under the given economic circumstances and the national power engineering within 2025-2030. I should note such assessment is conditional, since it primarily depends on predetermined scenarios and conditions for the development of the economy and power engineering. <br></br> <b>Conclusions and Relevance </b>The increasing shortage of energy may have a significant effect, thus stifling the economic development and reducing production volumes in all sectors. Macroeconomic consequences of the long-term shortage of energy do not demonstrate a non-linear growth. The research proves such assessment is necessary to increase the reliability and uninterrupted power supply in the long run.