Identification of the basic elements of the innovation-analytical platform for energy efficiency in project financing

This analytical study focuses on the financing of energy efficiency projects in Ukraine. In this article, the authors analyze the state and dynamics of the modern market of energy resources both on a global scale and within Ukraine, and it was discovered that the potential of the energy efficiency m...

Full description

Bibliographic Details
Main Authors: Tetyana Marchuk, Dmytro Ryzhakov, Galyna Ryzhakova, Sergiy Stetsenko
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2017-12-01
Series:Investment Management & Financial Innovations
Subjects:
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9623/imfi_2017_04_Marchuk.pdf
_version_ 1818136299459051520
author Tetyana Marchuk
Dmytro Ryzhakov
Galyna Ryzhakova
Sergiy Stetsenko
author_facet Tetyana Marchuk
Dmytro Ryzhakov
Galyna Ryzhakova
Sergiy Stetsenko
author_sort Tetyana Marchuk
collection DOAJ
description This analytical study focuses on the financing of energy efficiency projects in Ukraine. In this article, the authors analyze the state and dynamics of the modern market of energy resources both on a global scale and within Ukraine, and it was discovered that the potential of the energy efficiency market is extremely large and interesting for different groups of bank investors. In the course of the study, it was revealed that private households and industrial enterprises are the largest energy consumers in Ukraine, which confirms the necessity of implementing a public program for financing energy efficiency projects. The study of Ukraine’s legislative framework has made it possible to clearly define the concept of energy efficiency and to highlight which projects can be considered energy-efficient. It is noted that the state actively develops and implements a policy to increase energy consumption savings both among private individuals and among producing enterprises, which is implemented at the state level by a specially created Energy Efficiency Fund. As a specific tool for analyzing energy efficiency projects, the authors suggest using benchmarking technology, which provides the opportunity to highlight the strengths and weaknesses of a specific energy saving project, as compared to the top project in the industry. As a result, in the course of the conducted analytical studies, the authors proposed a specific tool for the analysis of energy efficiency financing projects in Ukraine, which includes five priority areas for which it is necessary to build a methodology for assessing the borrower’s creditworthiness, which seeks to implement a project in the field of energy saving.
first_indexed 2024-12-11T09:38:12Z
format Article
id doaj.art-7a5bd4f6348946339f385f45d0644eb4
institution Directory Open Access Journal
issn 1810-4967
1812-9358
language English
last_indexed 2024-12-11T09:38:12Z
publishDate 2017-12-01
publisher LLC "CPC "Business Perspectives"
record_format Article
series Investment Management & Financial Innovations
spelling doaj.art-7a5bd4f6348946339f385f45d0644eb42022-12-22T01:12:47ZengLLC "CPC "Business Perspectives"Investment Management & Financial Innovations1810-49671812-93582017-12-01144122010.21511/imfi.14(4).2017.029623Identification of the basic elements of the innovation-analytical platform for energy efficiency in project financingTetyana Marchuk0Dmytro Ryzhakov1Galyna Ryzhakova2Sergiy Stetsenko3Ph.D., Associate Professor, Banking Department, Kyiv National Economics University named after Vadym Hetman.Ph.D, Doctoral Student, Department of Economics in the building industry, Kyiv National University of Civil Engineering and Architecture.Ph.D., Head of the Department of Management in Construction, Kyiv National University of Civil Engineering and Architecture.Ph.D., Head of the Department of Economics in the building industry, Kyiv National University of Civil Engineering and Architecture.This analytical study focuses on the financing of energy efficiency projects in Ukraine. In this article, the authors analyze the state and dynamics of the modern market of energy resources both on a global scale and within Ukraine, and it was discovered that the potential of the energy efficiency market is extremely large and interesting for different groups of bank investors. In the course of the study, it was revealed that private households and industrial enterprises are the largest energy consumers in Ukraine, which confirms the necessity of implementing a public program for financing energy efficiency projects. The study of Ukraine’s legislative framework has made it possible to clearly define the concept of energy efficiency and to highlight which projects can be considered energy-efficient. It is noted that the state actively develops and implements a policy to increase energy consumption savings both among private individuals and among producing enterprises, which is implemented at the state level by a specially created Energy Efficiency Fund. As a specific tool for analyzing energy efficiency projects, the authors suggest using benchmarking technology, which provides the opportunity to highlight the strengths and weaknesses of a specific energy saving project, as compared to the top project in the industry. As a result, in the course of the conducted analytical studies, the authors proposed a specific tool for the analysis of energy efficiency financing projects in Ukraine, which includes five priority areas for which it is necessary to build a methodology for assessing the borrower’s creditworthiness, which seeks to implement a project in the field of energy saving.https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9623/imfi_2017_04_Marchuk.pdfbank investorbenchmarkingenergy efficiencyenergy efficiency improvementfinancingproject analysis
spellingShingle Tetyana Marchuk
Dmytro Ryzhakov
Galyna Ryzhakova
Sergiy Stetsenko
Identification of the basic elements of the innovation-analytical platform for energy efficiency in project financing
Investment Management & Financial Innovations
bank investor
benchmarking
energy efficiency
energy efficiency improvement
financing
project analysis
title Identification of the basic elements of the innovation-analytical platform for energy efficiency in project financing
title_full Identification of the basic elements of the innovation-analytical platform for energy efficiency in project financing
title_fullStr Identification of the basic elements of the innovation-analytical platform for energy efficiency in project financing
title_full_unstemmed Identification of the basic elements of the innovation-analytical platform for energy efficiency in project financing
title_short Identification of the basic elements of the innovation-analytical platform for energy efficiency in project financing
title_sort identification of the basic elements of the innovation analytical platform for energy efficiency in project financing
topic bank investor
benchmarking
energy efficiency
energy efficiency improvement
financing
project analysis
url https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9623/imfi_2017_04_Marchuk.pdf
work_keys_str_mv AT tetyanamarchuk identificationofthebasicelementsoftheinnovationanalyticalplatformforenergyefficiencyinprojectfinancing
AT dmytroryzhakov identificationofthebasicelementsoftheinnovationanalyticalplatformforenergyefficiencyinprojectfinancing
AT galynaryzhakova identificationofthebasicelementsoftheinnovationanalyticalplatformforenergyefficiencyinprojectfinancing
AT sergiystetsenko identificationofthebasicelementsoftheinnovationanalyticalplatformforenergyefficiencyinprojectfinancing