Category: Energy Independence

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Who Is Driving Reforms in Ukraine

Since the Revolution of Dignity, the President’s Office, the National Bank of Ukraine, the Parliament, and the various administrative bodies have begun a wide-ranging program of reform. Which governmental actions have proven to be good for Ukraine’s economy, and which have taken Ukraine in the wrong direction? Tetyana Tyshchuk and Oleksiy Hrybanovsky closely studied the Index for Monitoring Reforms in order to find out which government agencies are true to their word.

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How Gas and Coal Can Ensure the Well-Being of Future Generations of Ukrainians

Having equalized the internal and import prices of gas and coal, the Ukrainian government has created the conditions for a significant increase of investment in the extraction of these minerals and thus for a potential increase in government revenues in the future. Andriy vigirinskyi explains why part of the revenue from the sale of minerals has to be accumulated in the Fund of the National Well-Being for the sake of the future generations. Full text is available in Ukrainian and Russian.

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High Tariffs and Huge Subsidies. Who Benefits Most from the New Rules and What Does Statistics Say

The increase in energy tariffs has been one of the most discussed issues in the first half of 2016. Reformers have been criticized heavily by many experts and consumers. There is a popular view among the general public that the increase in energy efficiency could be an alternative to raising tariffs. If we decrease losses of energy on its way to the consumer, perhaps, it will not be necessary to raise tariffs? In this article, we are trying to check if this is true by using the available data on the energy production and consumption in Ukraine. Full text is available in Ukrainian and Russian.

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Reduction of Gas Consumption by Population: Energy Conservation or Energy Substitution

In the article, we analyze the response of households’ energy expenditures to energy prices increase and make inference about its relation to energy consumption. The household-level data suggest that population indeed reduces gas consumption because of price increase. In addition, households using gas for heating partially substitute it with electricity while those using gas for cooking – reduce their electricity expenditures to mitigate gas price shock. These findings are consistent with macroeconomic data, since the share of electricity in residential energy consumption has increased over 2008-2014.

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9 Facts About the System of Subsidies in Ukraine and the “Real” Gas Prices for the Population

The Center for Economic Strategy analyzed how the system of subsidies works in Ukraine and how it can be improved. VoxUkraine has been asked to identify the main points: why does the new system not stimulate Ukrainians to save energy, how can this be resolved, and was it necessary to raise the price of gas paid by the population. Full text is available in Ukrainian and Russian.

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Big Gas Battle at Shuster-LIVE: Yulia Tymoshenko VS Oleg Prohorenko and Julia Kovaliv. Who was wrong. Chapter One

What is really worth Ukrainian gas? Whether Ukrainian gas production is sufficient for the needs of the population? How Naftogaz earns on sale of each thousand cubic meter of gas for the retail customers? Is Russian gas cheaper than European?.. In her 60-minute speech at the Schuster-LIVE, Yulia Tymoshenko raised a lot of gas issues that are important to many Ukrainians. VoxCheck selected the most important topics from her speech and figured out whether Tymoshenko was right or wrong. In the the next article we will check the speech of the CEO of the state gas company “Ukrgazvydobuvannia” Oleg Prokhorenko, as well as Deputy Minister of Economy Yulia Kovaliv.

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Why the Investors are not Coming to Ukraine? The answer is in Gas Price

On the example of the gas market, which is perhaps the most actively reforming, we can examine the inconsistency of Ukrainian powers. We heard the right words, it’s look like we’re moving in the right direction, the consumer is paying more and more, but the investors are not coming. The competitive market is absent, the infrastructure is not being upgraded, the gas losses are increasing.

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A Drop In Gas Consumption in Ukraine: “Peremoha” or Statistics?

What has the greatest impact on gas consumption in Ukraine: loss of territory, war, economic crisis, warm winter or price hike? Until very recently, there has been no answer to this question, so Ukrainian politicians have used those facts that suited them best. Oleksii Khabatiuk, the Director of the Environmental Investments Fund, settles the question once and for all in this article. What does gas consumption in Ukraine depend on, and by how much?