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THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.70, # 2, 2013, pp. 67-79

Ukraine. Background is the well-known fact that Ukraine is to a large extent dependent on the

import of oil and gas. This renders Ukraine economically vulnerable and leads to political efforts
to reduce this dependency through a revised energy policy.

This revised energy policy puts more weight on renewable energy sources in combination with
various subgoals such as increasing energy efficiency. However, the analysis shows that some crucial

issues regarding an «integrated energy policy» are still open and should be clarified in near future.

5. Literature
[1] Deutschland (2004) Erneuerbare-Energien-Gesetz, novelliert 2010. Bundesanzeiger I, S.
1170; see http://www.erneuerbare-energien.de/erneuerbare_energien/pv-
novelle_2012/doc/48542.php. Cited December 2012.
[2] EU (2012): „European Commission proposes priority objectives for the environment and
climate to 2020”: see http://ec.europa.eu/clima/news/articles/news_2012112901_en.htm.
Cited December 2012.
[3] IER (2010): Biogas und grüne Tarife in der Ukraine: sind die Investitionen wert? Serie den
Konsultationsarbeiten: AgPP No.26, Deutsch-Ukrainischer Agrardialog, Kyiv, 2010: see
http://apd-ukraine.de. Cited December 2012.
[4] IRENA (2012): „Evaluating Policies in Support of the Deployment of Renewable Power”: see
http://www.irena.org/DocumentDownloads/Publications/Evaluating_policies_in_support_of_t
he_deployment_of_renewable_power.pdf. Cited December 2012.
[5] National Statistics Office of Ukraine (2010): Energy Balance of Ukraine: see
http://ukrstat.gov.ua/
[6] Ernst&Young (2012): Country focus: Ukraine. Strong resource supported by attractive tariffs: vgl.
http://www.ey.com/GL/en/Industries/Power---Utilities/RECAI---Ukraine. Cited December 2012.
[7] Wiesmeth (2008) Investment Opportunities in Waste Management through the Private Finance
Initiative, Investment Research and Analysis Journal (Vol.3/ N1/Spring 2008), p. 1-13.
[8] Wiesmeth (2011a): Energie und Umwelt: Perspektiven für Mitteldeutschland, in:
Denkströme, Journal der Sächsischen Akademie der Wissenschaften zu Leipzig, Heft 6,
2011, S. 191-204.
[9] Wiesmeth (2011b) Environmental Economics: Theory and Policy in Equilibrium, Textbook,
Springer, November 2011.

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