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

Alina Yakymchuk, Nazariy Popadynets, Valentyna Yakubiv, Yuliia Maksymiv, Iryna Hryhoruk, Lubomyr Matiychuk and Pavlo Horyslavets
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Alina Yakymchuk: Lesya Ukrainka Volyn National University, 13 Voli ave, 43025, Lutsk, Ukraine,
Nazariy Popadynets: Institute of Enterprise and Advanced Technologies Lviv Polytechnic National University, 18 Horbachevskoho Str, 79044, Lviv, Ukraine,
Valentyna Yakubiv: Vasyl Stefanyk Precarpathian National University, 57 Shevchenko Str., 76018, Ivano-Frankivsk, Ukraine,
Yuliia Maksymiv: Vasyl Stefanyk Precarpathian National University, 57 Shevchenko Str., 76018, Ivano-Frankivsk, Ukraine,
Iryna Hryhoruk: Vasyl Stefanyk Precarpathian National University, 57 Shevchenko Str., 76018, Ivano-Frankivsk, Ukraine,
Lubomyr Matiychuk: Ternopil Ivan Puluj National Technical University, 56 Ruska Str, 46001, Ternopil, Ukraine,
Pavlo Horyslavets: Lviv Polytechnic National University, 12 Stepana Bandery Str, 79000, Lviv, Ukraine.

International Journal of Energy Economics and Policy, 2023, vol. 13, issue 1, 111-117

Abstract: 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.

Keywords: European integration; final energy consumption; economic policy; European Union; energy (search for similar items in EconPapers)
JEL-codes: P18 Q42 Q48 (search for similar items in EconPapers)
Date: 2023
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