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Economic Aspects of Final Energy Consumption in Ukraine: Prospects of Implementation of the Positive Experience of the European Union

Author

Listed:
  • Alina Yakymchuk

    (Lesya Ukrainka Volyn National University, 13 Voli ave, 43025, Lutsk, Ukraine,)

  • Nazariy Popadynets

    (Institute of Enterprise and Advanced Technologies Lviv Polytechnic National University, 18 Horbachevskoho Str, 79044, Lviv, Ukraine,)

  • Valentyna Yakubiv

    (Vasyl Stefanyk Precarpathian National University, 57 Shevchenko Str., 76018, Ivano-Frankivsk, Ukraine,)

  • Yuliia Maksymiv

    (Vasyl Stefanyk Precarpathian National University, 57 Shevchenko Str., 76018, Ivano-Frankivsk, Ukraine,)

  • Iryna Hryhoruk

    (Vasyl Stefanyk Precarpathian National University, 57 Shevchenko Str., 76018, Ivano-Frankivsk, Ukraine,)

  • Lubomyr Matiychuk

    (Ternopil Ivan Puluj National Technical University, 56 Ruska Str, 46001, Ternopil, Ukraine,)

  • Pavlo Horyslavets

    (Lviv Polytechnic National University, 12 Stepana Bandery Str, 79000, Lviv, Ukraine.)

Abstract

The lack of a proper system for the use of energy resources is a nationwide problem in Ukraine. Payment for the consumed services for energy carriers mainly formed according to consumption rates , which can significantly ex-ceed the actually received amount of services and leads to an unjustified in-crease in the cost of energy resources. All this requires a search for new tools to stimulate energy intensity, effective accounting of the total volume of ener-gy consumption and the introduction of the best foreign experience in the field of energy saving in Ukraine. The analysis of energy consumption in the coun-try made it possible to identify the existing problems that subsist in the energy sphere today and provided an opportunity to propose ways to eliminate imbal-ances. The proposed methodology makes it possible to build models for estab-lishing the relationship between energy intensity and final energy consump-tion in Ukraine. Evaluation of foreign European experience makes it possible to implement the most necessary reforms and measures in domestic practice to improve the sphere of energy consumption.

Suggested Citation

  • Alina Yakymchuk & Nazariy Popadynets & Valentyna Yakubiv & Yuliia Maksymiv & Iryna Hryhoruk & Lubomyr Matiychuk & Pavlo Horyslavets, 2023. "Economic Aspects of Final Energy Consumption in Ukraine: Prospects of Implementation of the Positive Experience of the European Union," International Journal of Energy Economics and Policy, Econjournals, vol. 13(1), pages 111-117, January.
    • Handle: RePEc:eco:journ2:2023-01-15
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    References listed on IDEAS

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    More about this item

    Keywords

    European integration; final energy consumption; economic policy; European Union; energy;
    All these keywords.

    JEL classification:

    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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