Abstract
The research on high energy efficiency achievement is believed to be relevant because this issue of energy policy is currently considered as one of the main tools for modernization of the industry of the Republic of Kazakhstan. Thus, in spite of the significant energy potential, Kazakhstan is much behind developed countries regarding energy efficiency values. So the goal of the research is to develop a model describing conditions how to achieve energy efficiency as a factor in the sustainable economy development in Kazakhstan. The following methods were used in the research: 1) mathematical statistics: the Pearson r-coefficient was calculated at the stage of searching the correlation between energy efficiency and GDP dynamics. The Pearson's r was determined (-0.31) to be negative and weak, confirming the hypothesis that the energy efficiency state does not significantly affect the Kazakhstan GDP dynamics; 2) cognitive modeling: a cognitive map was developed to analyze the relationship between the energy efficiency and the economic development of Kazakhstan, to determine the economic development potential by refusing global energy efficiency projects and solving local problems related to reduced cost of energy resources instead.Keywords: energy efficiency, energy saving, resourcesJEL Classifications: О14, D24, С41DOI: https://doi.org/10.32479/ijeep.10523
Highlights
Energy is believed to be a key for industrial production, transportation services, housing and communal functioning, favorable living conditions for the population
The total amount of recoverable fuel resources of Kazakhstan makes about 34.9 billion tons of oil equivalent, the domestic consumption of these resources is low efficient, and the republic economy is characterized by high GDP energy intensity that is double the world average being an object of concern of domestic economists and politician (On implementation of the 2030 Agenda for Sustainable Development, 2019)
Summarizing the article, it should be noted that the issues of energy efficiency of the Republic of Kazakhstan are believed to be in the decision-making strategy and require an appropriate approach to forecasting
Summary
Energy is believed to be a key for industrial production, transportation services, housing and communal functioning, favorable living conditions for the population. Energy is an industry that significantly determines a level of social and economic development of the country. Not always the energy at a national level seems to be the basis for sustainable economic development. Excessive energy intensity of the economy reduces its efficiency, and the intensive use of energy resources results in aggravation of environmental problems, and the state lose prospective to transfer to sustainable, harmonious development. All of the above creates a strong incentive to find possible ways to ensure high energy efficiency of the economy to be a strategic task for all countries. The developed countries have started developing energy-efficient and energy-saving measures back in the 1970s and today they already have significant achievements in this area (Great Britain, Denmark, Germany, Sweden, Italy, Norway, Japan, etc.)
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