Theoretical foundations for the research of energy conservation and energy efficiency

Journal Title: Економічний аналіз - Year 2016, Vol 24, Issue 2

Abstract

The paper presents an overview of energy conservation and energy efficiency issues at industrial enterprises of Ukraine. The purpose of the study is to explore the essence of these categories and to analyze different approaches to the interpretation of these terms by domestic and foreign scientists. The paper also aims to determine the main factors affecting the energy efficiency, as well as the negative consequences of inefficient use of energy resources. Upon examination of existing approaches, the author clarifies the definition of such notions as “energy conservation” and “energy efficiency” and proposes to understand “energy efficiency” as a wider notion than “energy conservation”. If the first one means “useful, effective”, the second one means only “reduction in use” of energy resources. On the basis of this analysis, the main features of energy efficiency are determined. Unlike energy conservation, energy efficiency always results in economic benefit, as well as ecological and social advantages. The paper also draws attention to such a notion as “rebound effect” of energy efficiency, which is in the spotlight of studies of foreign scientists, but is not studied appropriately in domestic scientific literature. The research also provides the analysis of energy consumption in Ukrainian industrial sector during 2007-2014, which showed downward trend in consumption of energy resources during these years.

Authors and Affiliations

Yuliana Kopetska

Keywords

Related Articles

Особливості діяльності посередників на біржовому ринку

чинять вплив на процеси ціноутворення в інших сферах господарювання, виявляючи при цьому перспективні напрями інвестування, трансферу товарних та грошових потоків. Необхідно також зазначити, що сучасний біржовий ринок пе...

Industrial parks: world experience and perspectives of creation in Ukraine

Introduction. The deindustrialization processes in Ukraine can be defined as the result of national industrial potential degradation, that throws domestic economy back in the past in comparison with highly developed coun...

Enterprise financing by means of corporate bonds toolkit

Introduction. In contrast to the markets of developed countries, forming characteristic risk premium investment bonds in emerging markets, is that the greatest effect on the risk premium on bonds in countries such factor...

Механізм управління прибутковістю банку

Вступ. У статті розглянуто основні підходи та рекомендації, що сприяють підвищенню прибутковості банківської діяльності в умовах сучасної економіки. Мета. Дослідити механізм управління прибутковістю, узагальнити методич...

Instruments for minimizing the tax burden in Ukraine: comparative analysis and application effects

Introduction. The level of the tax burden in Ukraine remains one of the highest in the world. It is a threat to the stable functioning of economic entities and the development of the business sector. The current state o...

Download PDF file
  • EP ID EP231066
  • DOI -
  • Views 56
  • Downloads 0

How To Cite

Yuliana Kopetska (2016). Theoretical foundations for the research of energy conservation and energy efficiency. Економічний аналіз, 24(2), 85-91. https://europub.co.uk/articles/-A-231066