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Minimization of energy efficiency barriers in the context of optimization of management decisions in the process of sustainable development

Author

Listed:
  • Liliia Bilous

    (V. N. Karazin Kharkiv National University)

Abstract

The object of research is the socioeconomic model of the country in terms of energy efficiency factors in the process of economic development. The author has adapted the taxonomy of barriers and identified a new group of barriers inherent in the socioeconomic models of countries with economies in transition. Achieving the goals of sustainable development is possible by achieving overall energy efficiency, which is provided by the implemented innovative energy technologies. The ability of the studied subjects to perceive and promote innovative energy technologies is determined by the level of their economic development. When building the concept of energy efficient management, the studied subjects should take into account the exhaustion of primary resources against the background of growing needs. One of Harrington's logical functions was used to determine the level of economic development of the studied subjects. In the indicators of the particular desirability of Harrington's logical function, indicators from 0.37 to 0.8 are the potential for development, currently unrealized in the studied subjects, which is the path to sustainable development. According to certain levels of private preferences, economic agents are given recommendations on the economic feasibility of introducing innovative energy technologies. At the same time, the research process involved the identification and localization of energy efficiency barriers in the studied subjects, which expanded the analytical opportunities in terms of providing practical recommendations. Such recommendations, combined with the private preferences of the studied subjects, allowed to formulate a conceptual scheme to increase the efficiency of energy resources of economic development management. The author proposes measures: scaling of grant financing, decentralization of energy sources, introduction of knowledge, cooperation of communities and in the community, development of entrepreneurship and greening of the environment. Directions strengthen the motivation of management decisions in the context of the effective impact of energy factors on the dynamics of economic development in modern conditions and can be used in the development of current and strategic plans and programs.

Suggested Citation

  • Liliia Bilous, 2021. "Minimization of energy efficiency barriers in the context of optimization of management decisions in the process of sustainable development," Technology audit and production reserves, Socionet;Technology audit and production reserves, vol. 3(4(59)), pages 22-27.
    • Handle: RePEc:nos:ddldem:86
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    References listed on IDEAS

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    1. Weber, Lukas, 1997. "Some reflections on barriers to the efficient use of energy," Energy Policy, Elsevier, vol. 25(10), pages 833-835, August.
    2. Korppoo, Anna, 2005. "Russian energy efficiency projects: lessons learnt from Activities Implemented Jointly pilot phase," Energy Policy, Elsevier, vol. 33(1), pages 113-126, January.
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    4. Jaffe, Adam B. & Stavins, Robert N., 1994. "The energy-efficiency gap What does it mean?," Energy Policy, Elsevier, vol. 22(10), pages 804-810, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    energy efficiency barriers; taxonomy of barriers; management decisions; sustainable development;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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