Convergence of Energy Policies between the EU and Ukraine under the Green Deal Policy

Yevheniia Ziabina, Aleksy Kwilinski, Oleksii Lyulyov, Tetyana Pimonenko () and Yana Us
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Yevheniia Ziabina: Department of Marketing, Sumy State University, 40007 Sumy, Ukraine
Aleksy Kwilinski: Department of Management, Faculty of Applied Sciences, WSB University, 41-300 Dabrowa Gornicza, Poland
Tetyana Pimonenko: Department of Marketing, Sumy State University, 40007 Sumy, Ukraine
Yana Us: Department of Marketing, Sumy State University, 40007 Sumy, Ukraine

Energies, 2023, vol. 16, issue 2, 1-19

Abstract: EU countries declared the strategic goal to achieve energy independence and increase energy efficiency. In this case, EU countries have provided a vast range of incentives, mechanisms, and directives to promote energy efficiency. Ukraine as a potential candidate should provide a convergent policy with EU countries to increase energy efficiency. The paper aims to estimate energy efficiency based on the revealed convergent and divergent determinants of energy policies among the EU and Ukraine. The data are compiled from the World Energy Statistics Yearbook, the European Statistical Office, the International Energy Agency, SolAbility agencies, and State Statistics Service of Ukraine. The study applies ?- i ?-convergence theory to determine the convergent and divergent determinants of the country’s energy efficiency. The empirical results allow concluding that Ukraine has an average level in the integrated energy efficiency index of the national economy, and the highest value of this index was in 2008. The highest values of energy efficiency were in Sweden and Denmark among EU countries. Besides, the findings confirm that the Ukrainian government should pay attention to divergent determinants (expenditure for environmental protection, pricing for energy resources, etc.) to improve the country’s energy efficiency.

Keywords: energy efficiency; energy consumption; energy governance; national economy; carbon-neutral model; integrated method; ?-convergence; ?-convergence; sustainable development (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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