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The article is devoted to the problems of harmonious development of energy supply and energy efficiency of the economy in the context of European integration. The essence and role of state energy policy in the context of European integration is determined. The article provides a comparative description of the problems of the fuel and energy complex of Ukraine, recommendations for their solution in the context of European integration. The structure of investing in the unified energy system of Ukraine is characterized. The dynamics of volumes in the investment structure in the united energy country is analyzed. It is proposed directions for improving energy supply and energy efficiency of the Ukrainian economy in the context of European integration. [ABSTRACT FROM AUTHOR]