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Energy Security Of Ukraine In The Context Of Its Sustainable Development

Author

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  • Inna Semenenko

    (Volodymyr Dahl East Ukrainian National University)

Abstract

Energy security is an important issue for Ukraine's sustainable development. The main goal of the article is to show the state of energy security of Ukraine, analyze its tendencies and challenges, reveal the impact of energy security on sustainable development of a country. The state of the energy security of Ukraine was analyzed with the help of data collection, processing and analysis. Data was taken from State Statistics Service of Ukraine, Ministry of Energetics and Coal Industry of Ukraine, other sources, and analyzed with the help of tools of statistics and economic analysis. Ukraine, being a developing country and experiencing war, political and economic crisis, struggles for energy security support. The present state of energy availability and consumption in the country influences its sustainable development and political stability, and is a significant restraint in country's survival. Despite the fact that Ukraine has enough resources' deposits to provide itself with energy, it provides less than 50% of own demands and is dependent on Russia's resources. Production of energy in Ukraine is decreasing, but energy consumption remains high. Ukrainian industries are energy-wasteful and energy-inefficient; the country has the leading positions in energy intensity of GDP. The article shows the relation of energy sources and energy security of Ukraine to sustainable development, reveals the dependency of the Ukrainian energy security, and indicates its main threats and ways out.

Suggested Citation

  • Inna Semenenko, 2016. "Energy Security Of Ukraine In The Context Of Its Sustainable Development," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 11(3), pages 537-555, September.
    • Handle: RePEc:pes:ierequ:v:11:y:2016:i:3:p:537-555
    DOI: 10.12775/EQUIL.2016.024
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    File URL: http://dx.doi.org/10.12775/EQUIL.2016.024
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    Citations

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    Cited by:

    1. Mihaela Simionescu & Yuriy Bilan & Piotr Zawadzki & Adam Wojciechowski & Marcin Rabe, 2021. "GHG Emissions Mitigation in the European Union Based on Labor Market Changes," Energies, MDPI, vol. 14(2), pages 1-13, January.
    2. Ivan Trifonov & Dmitry Trukhan & Yury Koshlich & Valeriy Prasolov & Beata Ślusarczyk, 2021. "Influence of the Share of Renewable Energy Sources on the Level of Energy Security in EECCA Countries," Energies, MDPI, vol. 14(4), pages 1-15, February.
    3. Shevchenko, Valentina V., 2019. "The reform of the higher education of Ukraine in the conditions of the military-political crisis," International Journal of Educational Development, Elsevier, vol. 65(C), pages 237-253.
    4. Pogorelov, Yuriy & Ivchenko, Evhen, 2017. "Conventionalism As A Theoretical Basis For The Understanding Of The Nature Of Economic Security In The Enterprise," EUREKA: Social and Humanities, Scientific Route OÜ, issue 6, pages 16-22.
    5. Grzegorz Szczubełek, 2020. "Power generation in the European Union and in Poland in the context of sustainable development," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 19(1), pages 163-186, March.
    6. Olexandr Yemelyanov & Anastasiya Symak & Tetyana Petrushka & Roman Lesyk & Lilia Lesyk, 2018. "Evaluation of the Adaptability of the Ukrainian Economy to Changes in Prices for Energy Carriers and to Energy Market Risks," Energies, MDPI, vol. 11(12), pages 1-34, December.
    7. Maciej Chowaniak & Zofia Gródek-Szostak & Karolina Kotulewicz-Wisińska & Małgorzata Luc & Marcin Suder & Anna Szeląg-Sikora, 2021. "The RES in the Countries of the Commonwealth of Independent States: Potential and Production from 2015 to 2019," Energies, MDPI, vol. 14(7), pages 1-24, March.
    8. Nina Ilysheva & Elena Baldesku & Ulugbek Zakirov, 2017. "Detection of the Interdependence of Economic Development and Environmental Performance at the Industry Level," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(4), pages 19-29.

    More about this item

    Keywords

    energy security; fuel and energy resources; sustainable development; energy efficiency; energy consumption;
    All these keywords.

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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