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...
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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 |
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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 |