Modelling of Prognosis for Bioenergy Production in Ukraine

<p>Promoting renewables, in particular bioenergy, is vital to move Ukraine towards a low-carbon economy. Decision-makers might turn to bioenergy projections for developing their policies or investments. This paper presents statistical calculations and economic-mathematical modeling of the sta...

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Autores principales:	Iryna Hryhoruk, Valentyna Yakubiv, Yurii Sydoryk, Yuliia Maksymiv, Nazariy Popadynets
Formato:	article
Lenguaje:	EN
Publicado:	EconJournals 2021
Materias:	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
Acceso en línea:	https://doaj.org/article/3077c34d4ac14d4e9c629ec6867d3746
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spelling	oai:doaj.org-article:3077c34d4ac14d4e9c629ec6867d37462021-11-12T07:27:31ZModelling of Prognosis for Bioenergy Production in Ukraine2146-4553https://doaj.org/article/3077c34d4ac14d4e9c629ec6867d37462021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11741https://doaj.org/toc/2146-4553<p>Promoting renewables, in particular bioenergy, is vital to move Ukraine towards a low-carbon economy. Decision-makers might turn to bioenergy projections for developing their policies or investments. This paper presents statistical calculations and economic-mathematical modeling of the state of the bioenergy sector in Ukraine. Using Spearman's rank correlation coefficient, correlations between different factors influencing biofuel production were investigated. Modeling of the forecast of biofuel production was done with the use of a multiple regression equation, which provides for the creation of a standard linear model. It enables predicting future development of renewable energy and bioenergy, highlighting and choosing the most appropriate factors to be stimulated by the government in order to achieve the goals of renewable energy development and energy security as a result.</p><p><strong>Keywords</strong>: Bioenergy, Renewables, Energy Security, Energy Strategy</p><p class="Text"><strong>JEL Classifications</strong>:<strong> </strong>Q42, Q38, O13, P28</p><p class="Text">DOI: <a href="https://doi.org/10.32479/ijeep.11741">https://doi.org/10.32479/ijeep.11741</a></p>Iryna HryhorukValentyna YakubivYurii SydorykYuliia MaksymivNazariy PopadynetsEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 27-34 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
spellingShingle	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 Iryna Hryhoruk Valentyna Yakubiv Yurii Sydoryk Yuliia Maksymiv Nazariy Popadynets Modelling of Prognosis for Bioenergy Production in Ukraine
description	<p>Promoting renewables, in particular bioenergy, is vital to move Ukraine towards a low-carbon economy. Decision-makers might turn to bioenergy projections for developing their policies or investments. This paper presents statistical calculations and economic-mathematical modeling of the state of the bioenergy sector in Ukraine. Using Spearman's rank correlation coefficient, correlations between different factors influencing biofuel production were investigated. Modeling of the forecast of biofuel production was done with the use of a multiple regression equation, which provides for the creation of a standard linear model. It enables predicting future development of renewable energy and bioenergy, highlighting and choosing the most appropriate factors to be stimulated by the government in order to achieve the goals of renewable energy development and energy security as a result.</p><p><strong>Keywords</strong>: Bioenergy, Renewables, Energy Security, Energy Strategy</p><p class="Text"><strong>JEL Classifications</strong>:<strong> </strong>Q42, Q38, O13, P28</p><p class="Text">DOI: <a href="https://doi.org/10.32479/ijeep.11741">https://doi.org/10.32479/ijeep.11741</a></p>
format	article
author	Iryna Hryhoruk Valentyna Yakubiv Yurii Sydoryk Yuliia Maksymiv Nazariy Popadynets
author_facet	Iryna Hryhoruk Valentyna Yakubiv Yurii Sydoryk Yuliia Maksymiv Nazariy Popadynets
author_sort	Iryna Hryhoruk
title	Modelling of Prognosis for Bioenergy Production in Ukraine
title_short	Modelling of Prognosis for Bioenergy Production in Ukraine
title_full	Modelling of Prognosis for Bioenergy Production in Ukraine
title_fullStr	Modelling of Prognosis for Bioenergy Production in Ukraine
title_full_unstemmed	Modelling of Prognosis for Bioenergy Production in Ukraine
title_sort	modelling of prognosis for bioenergy production in ukraine
publisher	EconJournals
publishDate	2021
url	https://doaj.org/article/3077c34d4ac14d4e9c629ec6867d3746
work_keys_str_mv	AT irynahryhoruk modellingofprognosisforbioenergyproductioninukraine AT valentynayakubiv modellingofprognosisforbioenergyproductioninukraine AT yuriisydoryk modellingofprognosisforbioenergyproductioninukraine AT yuliiamaksymiv modellingofprognosisforbioenergyproductioninukraine AT nazariypopadynets modellingofprognosisforbioenergyproductioninukraine
_version_	1718431097962889216

Modelling of Prognosis for Bioenergy Production in Ukraine

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