IDEAS home Printed from
   My bibliography  Save this article

Economic Expediency of Production and use of Biodiesel in Ukraine


  • Shevchenko Yelena B.

    (Ukrainian State University of Chemical Technology)

  • Kurennaya Irina G.

    () (Alfred Nobel Dnipropetrovsk University)


Dependence on import of energy resources significantly holds back development and stability of Ukrainian economy. Such a dependence influences national and energetic security and the use of petroleum products as sources of energy presents significant ecological threats. This dependence stimulates intensive search for alternative sources of energy. Production and use of biofuel, namely biodiesel mixtures, are considered among other ways of solution of this problem. The most optimal type of biodiesel mixtures are mixtures, which contain not more than 30% of biodiesel fuel and 70% of petroleum diesel fuel. Adding up to 30% of biodiesel to the petroleum diesel fuel does not require changes in engine construction. Exploitation and physical and chemical properties of the mixed diesel fuel do not differ significantly from requirements of the diesel fuel standard. The cost of biodiesel fuel is comparable with the cost of diesel fuel and does not result in rise of price. Ukraine has significant potential and conditions for production of biodiesel. However, the current correlation of prices on energy resources and biofuel raw materials makes production of biofuel in Ukraine unprofitable. To stimulate the use of biodiesel, it is necessary to develop and introduce a system of privileges and introduce a strict control, which envisages fines for polluting the atmosphere.

Suggested Citation

  • Shevchenko Yelena B. & Kurennaya Irina G., 2013. "Economic Expediency of Production and use of Biodiesel in Ukraine," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 4, pages 232-236.
  • Handle: RePEc:idp:bizinf:y:2013:i:4:p:232_236

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Greif, Avner, 1998. "Historical and Comparative Institutional Analysis," American Economic Review, American Economic Association, vol. 88(2), pages 80-84, May.
    Full references (including those not matched with items on IDEAS)


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idp:bizinf:y:2013:i:4:p:232_236. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alexey Rystenko). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.