Ukraine’s Energy Future Lies in Good Governance, Not in Diversification

... neighboring Russia and Belarus. Energy-efficiency measures are particularly cheap to implement in Ukraine. In 2000 - 2013, per unit energy consumption of the Russian economy decreased by 34%, 5 % alone in 2011 - 2013 [5] . Mismanagement in the state-owned company is combined with the over-taxation of the private (‘independent’) gas producers. A stable and competitive regulatory regime, coupled with internal political stability, can pave the way for an ...