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

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...

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Bibliographic Details
Main Authors: Alina Yakymchuk, Nazariy Popadynets, Valentyna Yakubiv, Yuliia Maksymiv, Iryna Hryhoruk, Lubomyr Matiychuk, Pavlo Horyslavets
Format: Article
Language:English
Published: EconJournals 2023-01-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:https://econjournals.com/index.php/ijeep/article/view/13815
Description
Summary: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.
ISSN:2146-4553