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Biofuels Markets and Policies in Ukraine

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  • Janda, Karel
  • Stankus, Elena

Abstract

This paper provides an overview of biofuel’s markets Ukraine. While Ukraine has great competitive advantage in the production of biofuels based on availability of the feedstock and fertile soils, it does not utilize this opportunity despite the policy goal of decreasing energy dependence on Russian fossil fuels. In the recent years Ukraine was working on fulfilment of European standards in the sector of biofuels. Most importantly, as opposed to Russia, Ukraine has built legislative base which aims to support the industry development and offer large scale of benefits. But due to high excise duty, low oil prices and no penalties for not achieving established indicators, the biofuel industry still stays non-operating.

Suggested Citation

  • Janda, Karel & Stankus, Elena, 2017. "Biofuels Markets and Policies in Ukraine," MPRA Paper 76747, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:76747
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    References listed on IDEAS

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    Cited by:

    1. Gołębiewski, Jarosław & Kucher, Oleg, 2020. "Development Of The Biofuel Market In The Ukraine," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2020(1).

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    More about this item

    Keywords

    Eastern Europe; Biofuels; Ethanol; Biodiesel;
    All these keywords.

    JEL classification:

    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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