Energy Efficiency Barriers in Commercial and Industrial Firms in Ukraine : An Empirical Analysis

Improvement in energy efficiency is one of the main options to reduce energy demand and greenhouse gas emissions. However, large-scale deployment of energy-efficient technologies is constrained by several factors. Employing a survey of 509 industrial and commercial firms throughout Ukraine and a gen...

Full description

Bibliographic Details
Main Authors: Hochman, Gal, Timilsina, Govinda R.
Format: Journal Article
Published: Elsevier 2018
Subjects:
Online Access:http://hdl.handle.net/10986/29297
id okr-10986-29297
recordtype oai_dc
spelling okr-10986-292972021-05-25T10:54:43Z Energy Efficiency Barriers in Commercial and Industrial Firms in Ukraine : An Empirical Analysis Hochman, Gal Timilsina, Govinda R. ENERGY EFFICIENCY INSTITUTIONAL BARRIERS BEHAVIORAL BARRIERS FINANCIAL BARRIERS ENERGY DEMAND GREENHOUSE GAS EMISSIONS TECHNOLOGY ADOPTION PRODUCTIVITY DISCRETE CHOICE MODEL LOGIT MODEL Improvement in energy efficiency is one of the main options to reduce energy demand and greenhouse gas emissions. However, large-scale deployment of energy-efficient technologies is constrained by several factors. Employing a survey of 509 industrial and commercial firms throughout Ukraine and a generalized ordered logit model, we quantified the economic, behavioral, and institutional barriers that may impede the deployment of energy-efficient technologies. Our analysis shows that behavioral barriers resulted from lack of information, knowledge, and awareness are major impediments to the adoption of energy-efficient technologies in Ukraine, and that financial barriers may further impede investments in these technologies especially for small firms. This suggests that carefully targeted information provisions and energy audits will enhance Ukrainian firms' investments in energy-efficient technologies to save energy consumption, improve productivity, and reduce carbon emissions from the productive sectors. 2018-02-01T19:28:18Z 2018-02-01T19:28:18Z 2017-03 Journal Article Energy Economics 0140-9883 http://hdl.handle.net/10986/29297 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Elsevier Publications & Research :: Journal Article Publications & Research Europe and Central Asia Ukraine
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic ENERGY EFFICIENCY
INSTITUTIONAL BARRIERS
BEHAVIORAL BARRIERS
FINANCIAL BARRIERS
ENERGY DEMAND
GREENHOUSE GAS EMISSIONS
TECHNOLOGY ADOPTION
PRODUCTIVITY
DISCRETE CHOICE MODEL
LOGIT MODEL
spellingShingle ENERGY EFFICIENCY
INSTITUTIONAL BARRIERS
BEHAVIORAL BARRIERS
FINANCIAL BARRIERS
ENERGY DEMAND
GREENHOUSE GAS EMISSIONS
TECHNOLOGY ADOPTION
PRODUCTIVITY
DISCRETE CHOICE MODEL
LOGIT MODEL
Hochman, Gal
Timilsina, Govinda R.
Energy Efficiency Barriers in Commercial and Industrial Firms in Ukraine : An Empirical Analysis
geographic_facet Europe and Central Asia
Ukraine
description Improvement in energy efficiency is one of the main options to reduce energy demand and greenhouse gas emissions. However, large-scale deployment of energy-efficient technologies is constrained by several factors. Employing a survey of 509 industrial and commercial firms throughout Ukraine and a generalized ordered logit model, we quantified the economic, behavioral, and institutional barriers that may impede the deployment of energy-efficient technologies. Our analysis shows that behavioral barriers resulted from lack of information, knowledge, and awareness are major impediments to the adoption of energy-efficient technologies in Ukraine, and that financial barriers may further impede investments in these technologies especially for small firms. This suggests that carefully targeted information provisions and energy audits will enhance Ukrainian firms' investments in energy-efficient technologies to save energy consumption, improve productivity, and reduce carbon emissions from the productive sectors.
format Journal Article
author Hochman, Gal
Timilsina, Govinda R.
author_facet Hochman, Gal
Timilsina, Govinda R.
author_sort Hochman, Gal
title Energy Efficiency Barriers in Commercial and Industrial Firms in Ukraine : An Empirical Analysis
title_short Energy Efficiency Barriers in Commercial and Industrial Firms in Ukraine : An Empirical Analysis
title_full Energy Efficiency Barriers in Commercial and Industrial Firms in Ukraine : An Empirical Analysis
title_fullStr Energy Efficiency Barriers in Commercial and Industrial Firms in Ukraine : An Empirical Analysis
title_full_unstemmed Energy Efficiency Barriers in Commercial and Industrial Firms in Ukraine : An Empirical Analysis
title_sort energy efficiency barriers in commercial and industrial firms in ukraine : an empirical analysis
publisher Elsevier
publishDate 2018
url http://hdl.handle.net/10986/29297
_version_ 1764468993342570496