Devising a toolset for assessing the potential of loan financing of projects aimed at implementing energy-saving technologies

Authors

DOI:

https://doi.org/10.15587/1729-4061.2021.238795

Keywords:

project financing potential, energy-saving technology, loan financing, assessment tools, state support

Abstract

This paper reports modeling the assessment of the potential of loan financing of projects aimed at implementing energy-saving technologies. An array of information to assess the potential of loan financing of these projects was formed. The methods for assessing the existing and prospective potential of loan financing of projects for the implementation of energy-saving technologies were devised. The criteria for the selection of energy-saving projects, which should be financed at the expense of loan funds, were systematized and ordered. The appropriateness of these studies is determined by the need to reduce the volume of energy consumption of non-renewable energy resources in many countries of the world. This causes the need to determine the potential of financial support, in particular the potential of loan financing, the implementation of energy-saving projects, first of all, projects for the implementation of energy-saving technologies at enterprises. The obtained theoretic and methodological results for the sample of enterprises were tested. It was established that the absolute magnitude of the potential of loan financing of projects implementing technologies that ensure reducing natural gas consumption at the studied enterprises is 42 projects and USD 1,805 thousand. As for the relative level of this potential, for the whole totality of enterprises it is: by the number of projects – 0.447; by financing volumes – 0.420. The obtained theoretical and methodological results can be applied by enterprises of all types of economic activity in assessing the magnitude of the potential of loan financing of energy-saving projects. In addition, these results can be used by the authorities in the development of the programs of preferential lending of the projects of implementation of energy-saving technologies

Author Biographies

Valentyn Lesinskyi, Yuriy Fedkovych Chernivtsi National University

PhD, Assistant

Department of Radio Engineering and Information Security

Olexandr Yemelyanov, Lviv Polytechnic National University

Doctor of Economic Sciences, Professor

Department of Business Economics and Investment

Oksana Zarytska, Lviv Polytechnic National University

PhD, Associate Professor

Department of Business Economics and Investment

Anastasiya Symak, Lviv Polytechnic National University

PhD, Associate Professor

Department of Business Economics and Investment

Tetiana Petrushka, Lviv Polytechnic National University

PhD, Associate Professor

Department of Business Economics and Investment

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Published

2021-08-31

How to Cite

Lesinskyi, V., Yemelyanov, O., Zarytska, O., Symak, A., & Petrushka, T. (2021). Devising a toolset for assessing the potential of loan financing of projects aimed at implementing energy-saving technologies . Eastern-European Journal of Enterprise Technologies, 4(13(112), 15–33. https://doi.org/10.15587/1729-4061.2021.238795

Issue

Vol. 4 No. 13(112) (2021): Transfer of technologies: industry, energy, nanotechnology

Section

Transfer of technologies: industry, energy, nanotechnology

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Copyright (c) 2021 Valentyn Lesinskyi, Olexandr Yemelyanov, Oksana Zarytska, Anastasiya Symak, Tetiana Petrushka

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