Energy consumption reduction and energy efficiency improvement are recognized as global priorities in the context of the green economy and sustainable development. In this paper, determinants of energy efficiency and energy consumption for the panel of 11 post-communist countries in the Eastern Europe during 1996-2013 are investigated. The stochastic frontier function approach and comparative analysis were used to examine long-run dynamic relations. The research results show that GDP growth is a key factor increasing both energy efficiency and energy consumption. The research results on energy efficiency relations show that CO 2 emissions per capita, a fixed capital and the share of industry in the economy are other important drives. In the context of per capita energy consumption growth, the factors of structural changes determined by industry share in the national economy and innovation concerned with development and implementation of high technologies are significant. The European Union accession and participation in the European energy policy promote to energy efficiency improvements in the post-communist countries while progress in governance and enterprise restructuring as measured by the European Bank for Reconstruction and Development is not important for energy efficiency and per capita energy consumption in the post-communist countries. According to the research results, energy efficiency policy in the sample countries should be aimed at providing further economic growth enhancing a positive impact of other factors and implementing energy efficiency projects.
The development of human civilization is related to the constant change of economic formations, and the current social and economic situation is determined by such concepts as Society 5.0, Fourth, and Fifth Industrial Revolutions (FIR, FiIR). The paper aims to estimate the change of human role in each economic formation caused by industrial revolutions. A structured review methodology with a focus on biological, labor, and personal entity of human within the industrial revolutions is used. The description of the changes between the biological, labor, and personality entities of human in various socio-economic formations is discussed. The human as a biological entity is not changed in the first four industrial revolutions, while the FiIR tries to change the biological entity through augmenting the physical capacity. The human as a labor entity is not changed in the first three industrial formations, while the FIR tries to replace the majority of physical human jobs and opens the gate for creative economy and decisions-making. The direct labor participation is minimized within FIR since the economic systems move to the transition to the dominant role of cyber-physical systems. The personal human development is triggered within the FiIR, since informational diversity in economic systems is actualized, and conditions for creative jobs within the creative economy are formed. The biological, labor, and personality entities of human are sequentially actualized within the economic formation caused by industrial revolutions.
CO2 emissions have become a key environmental contaminant that is responsible for climate change in general and global warming in particular. Two geographical groups of countries that previously belonged to the former bloc of socialist countries are used for the estimations of CO2 emissions drivers. The research covers such Eastern European countries as Bulgaria, Czech Republic, Hungary, Russian Federation, Poland, Romania, Slovak Republic, and Ukraine and such Central Asian states as Kazakhstan and Uzbekistan during the period 1996–2018. The main goal of the research is to identify common drivers that determine carbon dioxide emissions in selected states. To control for the time fixed effects (like EU membership), random effect model was used for the analysis of the panel data set. Results: It is found that energy efficiency progress reduces per capita CO2 emissions. Thus, an increase in GDP by 100 USD per one ton of oil equivalent decreases per capita CO2 emissions by 17–64 kg. That is, the more energy-efficient the economy becomes, the less CO2 emissions per capita it produces in a group of selected post-communist economies. Unlike energy efficiency, an increase in GDP per capita by 1000 USD raises CO2 emissions by 260 kg per capita, and the richer the economy becomes, the more CO2 emissions per capita it generates. The increase in life expectancy by one year leads to an increase in CO2 emissions per capita by 200−370 kg, with average values of 260 kg per capita. It was found that an increase in agriculture, forestry, and fishing sector share (as a % of GDP) by one percentage point leads to the decrease in CO2 emissions by 67–200 kg per capita, while an increase in industrial sector share by one percentage point leads to the increase in CO2 per capita emissions by 37–110 kg. Oil prices and foreign direct investment appeared to be statistically insignificant factors in a group of selected post-communist economies. Conclusions: The main policy recommendation is the promotion of energy efficiency policy and the development of green economy sectors. The other measures are the promotion of a less energy-intensive service sector and the modernization of the industrial sector, which is still characterized by high energy and carbon intensity.
The disruptive technologies and cyber-physical production systems are important factors that bring transformations to socio-economic formations. The paper aims to formulate the content, key directions, positive and negative effects of additive economy (AE) in the current transition phase to Industry 4.0. The research method is based on the analysis of structural links in socio-economic systems, where the additive economy potential is realized. The additive economy is treated as a new approach to production technological aspect based on the additive principle of manufacturing and aimed at minimizing the use of primary natural resources for dematerialization of social production. AE is the antithesis of the subtractive economy, which dominates today and uses only a tiny proportion of extracted natural resources. Among the positive effects of AE, there are the reduction in energy intensity of products, dematerialization of production, solidarity of society, economic systems sustainability, and intellectualization of technologies and materials. Among the negative expectations of AE, there are increased information vulnerability of production, risk of losing control over cyber-physical systems, expanding the unification of individuals, and increasing psychological stress. The additive economy is more sustainable than the subtractive economy since it does not require extra components to the production spheres, reduces the resource scarcity, and could satisfy more economic agents’ needs. Therefore, improved production efficiency due to AE promises economic growth acceleration, environmental burden and social risk reduction. Acknowledgment The publication was prepared in the framework of the research projects “Sustainable development and resource security: from disruptive technologies to digital transformation of Ukrainian economy” (№ 0121U100470); Fundamental bases of the phase transition to an additive economy: from disruptive technologies to institutional sociologization of decisions (No. 0121U109557).
This paper proposes methodological approaches to assessing the impact of renewable energy and energy efficiency development on emerging economies’ energy security. It is suggested to supplement the current methodology for assessing energy security with the decoupling index of the renewable energy financial burden on the state budget, the energy efficiency decoupling index, the households’ energy poverty indicator, the index of capacity development for balancing electricity generation volumes, and the energy fluctuations indicator. These indices provide a comprehensive assessment of energy security under the latest challenges. Thus, the COVID-19 pandemic in the Ukrainian energy sector led to the “green and coal paradox”, when the government decided to keep green electricity generation but limit nuclear generation. It required increased flexible capacities (thermal generation) and led to a rise in electricity prices and environmental pollution. Forecasting energy fluctuations with Butterworth filters allows minimizing the risks of maximum peak loads on the grid and timely prevention of emergencies. The energy fluctuations within the 20% range guarantee energy security and optimal energy companies’ operation. It is proposed to smooth out energy consumption fluctuations through green energy development, smart grids formation, energy efficiency improvements, and energy capacities balancing to ensure energy and economic sustainability.
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