Methods for estimating “Fuel poverty” in public administration and management systems

Author:

Pysar Nadiia1,Chornii Viktoriia2,Bandura Andriy3ORCID,Khlobystov Yevgen4ORCID

Affiliation:

1. Ph.D., Associate Professor, Vasyl Stefanyk Precarpathian National University, Ivano-Frankivsk

2. Ph.D., Senior Lecturer at the Department of Management, National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”

3. Ph.D. in Physics and Mathematics, Associate Professor, Ivano-Frankivsk National Technical University of Oil and Gas

4. Doctor of Economics, Professor at the University of Economics and Humanities

Abstract

The Ukrainian energy market has been analyzed region-wise in terms of consumption of fuel and energy resources by household sector. Critical aspects of improving energy security have been reflected in the context of the use of energy resources. The principal directions of the socially responsible market economy system have been offered in the light of the country’s economic security in terms of overcoming “fuel poverty”. Cognitive features of the “fuel poverty” phenomenon have been defined. Mathematical modeling of the “fuel poverty” index has been carried out using the following approaches: “after fuel cost poverty”; energy expenditure above 10% of disposable income; the Low Income – High Costs, where households with relatively high energy costs and low income are emphasized. A model of the final calculation of household energy costs has been developed for the purpose of optimal management. The graphical abstract of the obtained “fuel poverty” index solutions has been presented, with the upper left corner – low income – high costs – serving as a critical zone. The block diagram of improving the socially responsible market economy system in the light of overcoming “fuel poverty” has been offered.

Publisher

LLC CPC Business Perspectives

Subject

Strategy and Management,Business and International Management,General Business, Management and Accounting,Information Systems and Management,Law,Sociology and Political Science,Public Administration

Reference23 articles.

1. Analytical report to the Annual Address of the President of Ukraine to the Verkhovna Rada of Ukraine (2017). On the Internal and External Situation of Ukraine in 2017 (928 p.). Kyiv, NISS.

2. Boardman, B. (1991). Fuel Poverty: From Cold Homes to Affordable Warmth. London, Belhaven Press.

3. Brandstätter, A. (2007). ECRB Best Practice Guidelines on the Protection of Vulnerable Household Customers.

4. Energy Efficiency Schemes for Low Income Households (2010). An Overview of International Experience. - http://www.journal.esco.co.ua/2011_2/art161.pdf

5. Energy Regulators Regional Association. - http://www.erc.org.mk/pages_en.aspx?id=170

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