Strategic planning of renewable energy sources implementation following the country-wide goals of energy sector development

2020 ◽  
Author(s):  
Alexandra Khalyasmaa ◽  
Stanislav Eroshenko ◽  
Andrey Bramm ◽  
Duc Chung Tran ◽  
Piepur Chakravarthi Teja ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Strategic Planning ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources

scholarly journals THE PARADIGM OF ECONOMIC ENERGY SECURITY BY ORIENTATION ON RENEWABLE ENERGY SOURCES

2020 ◽  
pp. 114-125
Author(s):  
Tetyana DERKACH ◽  
Denys CHEBANENKO
Keyword(s):  
Renewable Energy ◽  
National Economy ◽  
Energy Security ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Economic Feasibility ◽  
Energy Sources ◽  
Energy Prices ◽  
Equal Distribution ◽  
The Impact

Introduction. The topic of renewable energy today is one of the most relevant and requires consideration from the point of view of all components of this process, namely economic, financial, environmental, technological, and others. The transition to renewable energy is already irreversible today since natural resources are depleted, fuel prices are the subject to significant fluctuations, and the stable growth of the national economy is ensured by energy security. The purpose. The purpose of the article is to analyze the volume of global energy consumption, to analyze the impact of the introduction of renewable energy sources on the development of the national economy, to ensure energy security with the depletion of hydrocarbon resources and a slight diversification of their suppliers. Results. Today the Ukrainian economy is the most energy-intensive. Unstable energy prices are a threat both to the global economy and to each country separately. Therefore, in the event of a decrease in the supply of traditional energy resources, the importing countries experience the greatest difficulties. The existing tendency in Ukraine to increase the consumption of traditional energy sources, combined with the absence of a targeted policy aimed at reducing the volume of environmental pollution, will lead to an increase in negative economic consequences. The advantage of renewable energy sources is their equal distribution throughout the country (with the exception of water resources). This feature leads to the formation of one of the main characteristics of power systems based on renewable energy sources, namely, their decentralization. It should be borne in mind that the world energy market is made up of state and non-state participants. Non-state participants are showing an upward trend. However, the state should have the greatest influence on the national energy sector. Renewable energy is an area that, in the Ukrainian context, depends on state support, namely economic and administrative incentives. The dynamics of the development of renewable energy should be combined with the balanced development of the fuel and energy sector in Ukraine. Conclusions. The process of development and transition to renewable energy needs a systematic approach. Both qualitative and quantitative approaches are needed to assess the transition to renewable energy. An effective strategy for the transition to the introduction of renewable energy technologies should be justified by economic feasibility. The transition from traditional energy to renewable sources should lead to energy security, which contributes to stable economic growth, political independence, and improving the quality of the environmental component.

Energy security of the European Union – opportunities and challenges

2020 ◽  
Vol 4 ◽  
pp. 93-107
Author(s):  
Dominika Czapla
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Energy Security ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources ◽  
The European Union ◽  
Member States ◽  
The Future ◽  
Nord Stream

For many years, the future of energy has been one of the most important problems and challenges for both national and global policy making. It is related to the high responsibility of the energy sector for climate change on Earth, but also for caring about ensuring sufficient energy for the future generations. Thus, energy policy is an important pillar of maintaining, broadly understood as internal security of the country. The biggest challenge related to ensuring energy security of the European Union is the diversification of energy sources. Member States are trying to tackle this challenge in two ways. Firstly, through the development of renewable energy, and secondly, looking for new channels for the supply of non-renewable energy. The restructuring of the energy sector, which has taken place in recent years, in accordance with the guidelines of the European Union, aims to intensify the use of environmentally friendly renewable energy sources. Equally important is the construction of the Nord Stream 2 and Turk Steam gas pipelines, which has been ongoing for several years, which raises much controversy in the Member States. The article is an analysis of the opportunities and challenges facing the European Union related to ensuring stable energy supplies to European citizens.

scholarly journals Priority directions of the energy sector development in the Republic of Turkey

2019 ◽  
Vol 124 ◽  
pp. 04022
Author(s):  
O. V. Luskatova ◽  
R. A. Eyvazov ◽  
M. M. Haytanova
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources ◽  
Alternative Power ◽  
The Republic ◽  
The Impact ◽  
Republic Of Turkey

The impact of renewable energy sources on the national economy of the countries across the world will only increase in the near future. It is linked both with the policy of reducing the dependence on imported sources and the opportunities offered by alternative power. Having great prospects for using renewable energy sources in power generation, Turkey has been implementing coherent policy in this field. The article deals with the energy policy Republic of Turkey, analyzes its legislation, studies the trends in the alternative energy sector development as well as the current situation in the domestic power generation.

scholarly journals Economic Optimization of Resource Use Based on Smart Grid

2020 ◽  
pp. 37-47
Author(s):  
O.V. Kubatko ◽  
V.M. Ignatchenko ◽  
S.V. Shaparenko ◽  
I.A. Starodub ◽  
D.O. Yaryomenko
Keyword(s):  
Renewable Energy ◽  
Smart Grid ◽  
Energy Policy ◽  
Distribution Systems ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources ◽  
Economic Optimization ◽  
Smart Energy Systems

There are significant changes in society's approaches to the energy policy development in the modern world. It is observable a transition from the old model of the energy sector maintenance, which was dominated by large producers, inefficient networks, fossil fuels, imperfect competition in the markets of natural gas, coal, electricity - to a new model, which creates a more competitive environment and equalizes opportunities for development and the dominance one of the types energy production or sources of fuel supply. The traditional network is based on centralized power plants that supply electricity to consumers through simple one-way transmission and distribution systems. The bulk of the current electricity generation capacity in Ukraine is generated by fossil fuels, which significantly contributes to the increase of the carbon dioxide concentration in the Earth's atmosphere and has a corresponding negative consequences for the climate. At the same time, modern preferences are given to increasing energy efficiency and the use of energy from renewable and alternative sources. Implementation of adaptation and prevention measures for climate change is also one of the priorities of global energy development. The renewable energy promotion is causing new economic and scientific challenges for Ukraine. However, at the same time it opens new perspectives for the search and implementation of innovative developments in the field of extraction, processing of fossil fuels, energy supply and consumption, which leads to create a new energy policy of the state. The article discusses theoretical and methodological approaches that reveal the benefits of Smart Grid using. It is emphasized that ensuring energy security and environmental sustainability of the energy sector should be based on the use of renewable energy sources. The article analyzes the main factors that can affect the development of Smart Grid technology. Also, the article describes the best experience of the EU countries, which are introducing smart energy systems for the economic optimization of renewable energy sources use.

scholarly journals Efficiency of the RES Hybrid Microinstallations Working in Energy Clusters

2020 ◽  
Vol 328 ◽  
pp. 03016
Author(s):  
Sławomir Sowa
Keyword(s):  
Renewable Energy ◽  
Energy Security ◽  
Smart Cities ◽  
Renewable Energy Sources ◽  
Power Industry ◽  
Energy Sector ◽  
Current Status ◽  
Energy Sources ◽  
Local Energy ◽  
Distributed Energy

The energy sector is constantly changing. Electromobility, improvement of energy efficiency, smart cities these are just some of the challenges that the present power industry is facing. The main goal for the power industry is to ensure the energy security of its customers, to develop low-community technologies which are mainly based on renewable energy sources and local raw materials. The transition from a centralized energy sector based mainly on conventional power plants to a distributed energy sector requires constant control and management of the generation and demand for energy. One of the solution existing since 2016 are energy clusters. The concept of their functioning is based on the civil-law agreement of locally operating entities that produce, sell, store and consume electricity, heat and cold. The main purpose of introducing energy clusters is the development of distributed energy. Energy clusters ensure the improvement of local energy security with relatively low outlays and low environmental impact. Technological development and installations based on renewable energy sources make energy clusters a beneficial and cost-effective solution for local energy sector. The article presents the idea of energy clusters functioning, and describes the current status of development. It also includes the hybrid systems characteristics of RES systems as an effective source of energy. The conclusion includes the legitimacy of the energy cluster development based on RES installations.

scholarly journals Significance of the Climate and Energy Package for the Development of Renewable Energy Sources in the European Union

2014 ◽  
Vol 17 (2) ◽  
pp. 45-60
Author(s):  
Agnieszka Pach-Gurgul
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Policy Development ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources ◽  
The European Union ◽  
Member States ◽  
Energy Package

The utilisation of renewable energy in the European Union seems, at the present stage of energy policy development, inevitable. It offers many benefits, including, above all: the possibility of increasing the energy security of a given state or region thanks to the diversification of the sources of energy supply, the limitation of imports from energy suppliers, such as of natural gas or oil, thus reducing dependence on imported fossil fuels, ecological effects connected with the elimination of greenhouse gas emissions and other substances harmful to the natural environment, economic and social benefits, such as the creation of new jobs. The Climate and Energy Package obliges member states to pursue a common aim – to increase the share of renewable energy to 20% in the general energy balance of the European Union by 2020. This is a challenging task, since the renewable energy sector requires significant financial support to increase its competitiveness, compared to traditional energy sources. When adopting the Energy Package, leaders of member states did not anticipate the economic crisis and its impact on the European Union’s economy, and on the energy sector in particular.  

scholarly journals Legislation framework for Croatian renewable energy sources development

2007 ◽  
Vol 11 (3) ◽  
pp. 27-42 ◽  
Author(s):  
Igor Raguzin ◽  
Zeljko Tomsic
Keyword(s):  
Renewable Energy ◽  
Electricity Market ◽  
Renewable Energy Sources ◽  
Legal Framework ◽  
Energy Sector ◽  
Electricity Production ◽  
Energy Sources ◽  
Investment Projects ◽  
Legislative Framework ◽  
The Republic

The energy sector reform in the Republic of Croatia (started 2001), which comprises restructuring, liberalization, privatization, and changes in the overall energy sector, has a significant effect on the possibilities of introducing and increasing the share of renewable energy sources (RES). The adoption of a new legislative framework within the context of reforming Croatia?s energy sector is of key importance for further development and for the future or RES utilization. The Electricity Market Act sets out the le- gal obligation to purchase electricity produced from RES in the manner that a quota or a minimum obligatory share of RES in electricity production is determined by a Government ordinance combined with Tariff system for the production of electricity from renewable energy sources and co-generation. Consequently, on the one hand, incentive funds needed to cover increased costs of production from RES will be collected from customers through the supplier and distributed to privileged producers (feed-in-tariffs, purchase is guaranteed to RES producers on known terms) through the Market Opera- tor. On the other hand, RES investment projects will be encouraged by pur- pose-specific government subsidy and by the Environmental Protection and Energy Efficiency Fund (out of public budget). By applying new energy legislation and associated by-laws (coming into force in 2007), RES projects in Croatia will be provided with a complete and stable legal framework as well as support through incentive measures which will equitably value environmental, social and other benefits of RES use.

Investments in Renewable Energy for Smart Grid Technology Development

2019 ◽  
pp. 97-105
Author(s):  
Oleksandra V. Kubatko ◽  
Tetyana S. Tolok ◽  
Harrison O. Edafejimue ◽  
Ismail Y. A. Almashaqbeh
Keyword(s):  
Climate Change ◽  
Renewable Energy ◽  
Smart Grid ◽  
Energy Supply ◽  
Technology Development ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources ◽  
Grid Technology ◽  
Smart Grid Technology

The current state of economic development foreseen an increasing production processes efficiency and determines the demand for energy resources. At the same time, the global use of traditional energy sources is steadily growing and currently it is still dominant. Considering the empirical arguments regarding environmental degradation and problems related to climate change, the development and implementation of smart and safe energy technologies, such as the Smart Grid, is relevant. Smart and secure power grids today are seen as technologies that facilitate the transition of the energy system supply from traditional electrical networks to more sustainable and environmentally friendly operations. The article deals with theoretical and methodological approaches that reveal the essence of the Smart Grid concept, and analyzes the main areas of investment in such technologies. It is underlined that to ensure energy security and environmental sustainability of energy supply sector the generation of electric power should be based on the use of renewable energy sources. The long-run sustainability of energy sector in climate change conditions is guaranteed by forming deep links between renewable energy generation and Smart Grid technologies. The paper discusses the main factors which may influence the Smart Grid technology development. The investments in renewable energy are named to be the most important factor of Smart Grid technology development. The lack of investments is considered to be an important factor of poor energy efficiency in developing economies. In addition, the article focuses on European experience regarding the implementation of smart and safe energy systems based on renewable energy sources. It is underlined the best EU counties experience for Smart Grid technology development based on investments in renewable energy sector. Key words: Smart Grid, renewable energy, economic process, power network, energy supply, efficiency, investment.

Economics of Energy Management in a Commune - Chosen Aspects

2012 ◽  
Vol 7 (2) ◽  
pp. 301-313
Author(s):  
Waldemar Kozłowski
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Policy ◽  
Wind Energy ◽  
Energy Management ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources ◽  
Price Increases

Conditions of energy sector development correlated with shrinking resources of the conventional energy sources, increased importance of environmental policy as well as continual price increases cause that the territorial governments should, within the scope of their competences and abilities, rationalise energy consumption and costs. This paper presents the tools for energy sector rationalisation in a commune with consideration of the opportunities for optimisation of energy consumption costs within municipal resources by applying the ESCO model. The paper also draws attention to the possibility of utilising the resources of renewable energy sources by communal governments based on the example of wind energy, of which Warmia and Mazury has some of the largest resources in Poland. 

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