Energy, an international, multi-disciplinary peer-reviewed journal in energy engineering and research, published the article Understanding energy efficiency barriers in Ukraine: Insights from a survey of commercial and industrial firms, which is based on the survey of Ukrainian enterprises carried out by the Institute for Economic Research and Policy Consulting (IER) in 2012.
The IER surveyed more than 500 industrial and commercial enterprises of all regions of Ukraine to understand what barriers to energy efficiency improvement they face. The survey showed that the most pressing barriers to improvement of energy efficiency are high upfront investment requirement, lack of government policies to support energy efficiency improvements, higher cost of capital, and lack of information and awareness.
The article was co-authored by Dr. Govinda R. Timilsina, Environment and Energy Unit, Development Research Group, World Bank, Washington, DC, USA, Gal Hochman, Department of Agricultural, Food, and Resource Economics, Rutgers University, New Jersey, USA, and Iryna Fedets, Institute for Economic Research and Policy Consulting, Kyiv, Ukraine. It will appear in Volume 106 of the journal.