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The potential for restoring transparency

The Index allows not only to assess the actual transparency in the energy sector, but also to determine what level of transparency could be achieved if the Index recommendations were taken into account. Such scenario calculations allow one to see the untapped potential for increasing the sector's openness, which can be realized in a short time and thus promptly improve the quality and scope of information disclosure. The potential Index scores presented in this section are calculated solely on the basis of recommendations that can be implemented even during martial law without posing a risk of disclosing sensitive information. At the same time, the implementation of such recommendations by the responsible authorities will improve public oversight of the energy sector, reduce corruption risks, increase the trust of international partners in the post-war reconstruction process, and allow to attract the necessary investments to this end.

The potential for restoring transparency

Total transparency increase potential

The chart allows to compare actual and potential total Index scores for different years starting from 2022.

Interpretation of scores

All calculated transparency scores (by category, subcategory, market, public authority) are converted into a universal 100-point scale, rounded off to the integer digits, and have the following interpretation:

Transparency increase potential by category

The chart below demonstrates the actual and potential level of transparency of Ukraine's energy sector by individual categories of the Index. Additionally, it is possible to compare the respective scores with pre-war results by clicking the button "Add baseline pre-war indicator (2021)".

Transparency increase potential by market

Bar charts allow comparing the actual and potential level of transparency in different years in 5 energy markets:

  • natural gas;
  • electricity;
  • oil and liquid fuels;
  • steam coal;
  • heat.

For the energy sectors where commodity markets are still being formed (steam coal, heat), the calculated indices are for reference only.

Transparency increase potential by public authority

Comparison of actual and potential transparency of public authorities responsible for information disclosure in the energy sector. The scores are calculated based on a set of indicators associated with each particular authority. Since the number of respective indicators varies significantly among different authorities, the calculated transparency scores should not be applied for ranking but rather perceived as indicative.