PROSPECTS OF USING MARKET INSTRUMENTS IN ENSURING THE ECONOMIC SECURITY OF ELECTRICAL INDUSTRY ENTERPRISES

Abstract

The electrical industry plays a pivotal role in national economic development, energy security, and technological modernization. However, enterprises operating in this sector often face increasing risks linked to market volatility, resource constraints, global competition, and regulatory shifts, which necessitate a comprehensive system for ensuring economic security. This paper explores the prospects of using market instruments as an effective mechanism to safeguard and enhance the economic security of electrical industry enterprises. By analyzing both domestic and international practices, the study identifies key tools such as energy futures and derivatives, insurance mechanisms, public–private partnerships, investment funds, and green finance initiatives that can mitigate risks and stabilize enterprise development. Special attention is given to how market-based approaches foster resilience through diversification of financing sources, efficient allocation of capital, and incentives for innovation. Methodological frameworks are proposed for assessing the effectiveness of these instruments in strengthening competitiveness, reducing financial vulnerability, and ensuring sustainable growth of enterprises within the electrical industry.