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PRE-CONDITIONS FOR THE FORMATION OF AN ENERGY CONSERVATION POLICY IN DEVELOPMENT OF ENTERPRISES OF THE MECHANICAL ENGINEERING COMPLEX

Introduction. Nowadays, the formation of a policy of the energy-efficient economic activity is a necessary condition for revival of the national production, growth of innovative attractiveness, sustainable development, as well as achieving the European standards for energy security. Development of mechanical engineering based on implementing the energy conservation policy and using the energy-efficient policy will benefit domestic enterprises under a competitive environment. 
Purpose. The article’s purpose is to analyse the state of domestic mechanical engineering, as well as to reveal opportunities and prospects for enhancing energy efficiency and ensuring energy security. 
Methodology. The methodological basis of the scientific paper encompasses fundamental provisions of economics, scientific cognition, the general scientific principles, and historical and system approaches to studying a matter of the formation and development of energy conservation and energy efficiency in the industry of mechanical engineering. 
Results. The article examines the state and indicators of development of the industry of mechanical engineering, as well as prospects of implementing the energy conservation policy. The authors have analysed directions of investment support of enterprises. The authors have determined factors conducing to activation of the government activity for ensuring energy security of enterprises of the industry of mechanical engineering. The authors have proven that the latter is a foundation of the economic potential of the country, since the state of socio-economic development of Ukraine depends on a level of efficiency being inherent to the activity of enterprises operating in this industry.