scholarly journals Investing in the Development of Renewable Energy Sources

2021 ◽  
Vol 6 (1) ◽  
pp. 111-116
Author(s):  
Kateryna Prib
Keyword(s):  
Renewable Energy ◽  
System Analysis ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources ◽  
Investment Activity ◽  
Investment Financing ◽  
Dialectical Approach ◽  
The World ◽  
Business Entities

The purpose of the article is to highlight modern approaches to enhancing investment in the development of renewable energy sources.On the basis of monographic and qualimetric methods, system analysis and a dialectical approach, modern trends in investment in renewable energy in Ukraine and the world have been investigated, the most promising and optimal methods and forms of investment financing have been identified and systematized.It is emphasized that Ukraine entered the TOP-20 of the world rating of states in terms of the volume of investments in renewable energy sources, and the growth of investment flows into the Ukrainian energy sector remains relatively dynamic. However, it turned out that the issue of reviving investment activity remains relevant.The article shows that an increase in the inflow of investments is possible due to the activation of all available forms and methods of financing them. To do this, it is advisable to join international programs of grant, technical and other special assistance, use mechanisms of budgetary state and municipal assistance, develop energy service companies, create special loan products in the energy sector, issue green bonds and activate self-financing.The results of the study on enhancing investments in the development of renewable energy sources can be used to improve investment policy in the energy sector at the level of state and municipal authorities, business entities, individual and institutional investors.According to the results of the study, the article concludes that in order to ensure the development of renewable energy sources, it is necessary to mobilize investment resources from all available sources, develop various forms and methods of financing investments, and also contribute in every possible way to stabilize the working conditions of investors in the energy sector, to strengthen their motivation to invest in development. renewable energy sources. JEL classіfіcatіon: Q42, O16

scholarly journals ENERGY EFFICIENCY OF RENEWABLE ENERGY SOURCES: MODERNIZATION TOOLS FOR ENVIRONMENTAL SAFETY AND INNOVATIVE-INVESTMENT ACTIVITY

2021 ◽  
Author(s):  
Kateryna Kraus ◽  
Nataliia Kraus ◽  
Anna Pavluk
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
Economic Security ◽  
Energy Sources ◽  
Energy Investment ◽  
Investment Activity ◽  
Difficult Situation ◽  
The World

The article examines the preconditions for the aggravation of environmental danger for Ukraine and the world as a whole, in particular in the context of the intensifying economic crisis. The long-term plans of the International Energy Agency to achieve “zero” carbon emissions by 2050 have been assessed. It was found that in order to ensure the growth of the world economy by the middle of the XXI century, it is necessary to increase energy efficiency, in particular in terms of active use of renewable energy sources. Energy efficient measures to ensure energy security of the urban agglomeration are summarized. In order to develop alternative energy sources, investments are needed in the energy sector (the annual share of investments in renewable sources in 2020 was 38%, which is $258.9 billion). Enhancement of energy efficiency and introduction of renewable energy sources should take place in the context of modernization of energy infrastructure of urban agglomerations: financing of technical re-equipment of energy assets, development of energy networks, reduction of energy intensity of industrial products, introduction of energy audit, etc. Ukraine has been ranked 8th in the world as one of the most attractive markets for renewable energy investment, but long-standing debt and incomplete energy market reform do not fully realize the potential (this is adversely affected by political mistakes, populist decisions, corruption and poor quality of energy management in Ukraine). It is proved that in the way of ecological safety creates barriers and a difficult situation with environmental protection, which significantly reduces the quality and comfort of life. It is proposed to create a strong environmental infrastructure in order to increase environmental security in the context of ensuring economic security; to introduce innovative ecological technologies; rationalize the processing of solid waste; to build modern waste processing plants, etc. Environmental legislation and governance in the field of energy policy is, unfortunately, a problematic area of current global change initiated by the EU to promote the use of environmentally friendly energy among EU member states.

The Fourth Energy Transition and Development of Energy Sector in Kazakhstan

2020 ◽  
Vol 9 (3) ◽  
pp. 735
Author(s):  
Assem S. BAKTYMBET ◽  
Saule S. BAKTYMBET ◽  
Rakymzhan K. YELSHIBAYEV ◽  
Galiya S. UKUBASSOVA ◽  
Aisara S. BAKTYMBET
Keyword(s):  
Renewable Energy ◽  
New Technologies ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Energy System ◽  
Energy Sector ◽  
Energy Industry ◽  
Energy Sources ◽  
Global Energy ◽  
The World

The relevance of the subject matter is conditioned upon the fact that currently the main direction of global energy development is already clearly visible: under the influence of changes in energy policy and the development of new technologies, the world is entering the stage of the fourth energy transition to the widespread use of renewable energy sources and displacement of fossil fuels. The development of Kazakhstan's economy requires the transition of energy towards clean and safe renewable sources, which will let the country build a new strong economy and break out of the long-running socio-economic decline, help the international community solve the problem of climate change and improve the safety and welfare of its citizens. The purpose of the study: The purpose of the paper is to develop recommendations for the development of Kazakhstan's energy industry at a new stage in the fundamental transformation of the global energy system. Leading approach to researching the problem. The leading methods of researching the problems of the paper include the analysis of theoretical sources, analysis of statistics, and comparison. Analysis of statistical indicators plays a crucial role in the study, since data on the development of Kazakhstan's energy industry can be directly obtained from statistical databases. The results of the study. The paper discusses the essence of the fourth energy transition, its main aspects, explores renewable energy sources, identifies the features and problems of Kazakhstan's energy industry, and develops ways to solve them. Prospects for further research. To implement the modern provisions of the fourth energy transition in Kazakhstan, it is necessary to use a systematic approach. The basic elements of such a transition are the introduction of renewable energy and energy efficiency (the intensification of reducing the energy intensity of goods and services). The materials of the paper are of practical value for the development of Kazakhstan’s energy during the period of fundamental structural transformations of the world energy sector.  

scholarly journals RENEWABLE ENERGY: WORLD DEVELOPMENT TRENDS AND UKRAINE

2021 ◽  
Author(s):  
Vita Zaharii ◽  
Tamila Kovalchuk
Keyword(s):  
Renewable Energy ◽  
Power Plants ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources ◽  
The Sun ◽  
Stage Of Development ◽  
Positive Tendency ◽  
The World

The article considers the trends in the development of renewable energy in the world and in Ukraine. It is proved that renewable energy is an important and promising energy sector in the world. It is shown that at the present stage of development, all civilized countries are developing their economies through the use of renewable energy sources, which are gradually displacing the old power plants using exhaustive fossil fuels, which pollute the atmosphere. The history of renewable energy development is revealed. The investment attractiveness of this energy sector in the countries of the world is characterized. On the basis of statistical data and preliminary studies of scientists, modern structural changes in the investment market of renewable energy in the world were evaluated. It is shown that Ukraine is part of European dozens of investments in green energy. The volume of supply of primary energy in the world and Europe, the power of renewable energy in leaders, regions of the world and Ukraine is presented. A review of the current state of renewable energy in developed countries and Ukraine has been carried out. Quantitative characteristics for different renewable energy sectors are analyzed: hydro, solar and wind power and other. Examples of the largest solar, hydroelectric power plants on the planet and Ukraine are given. It is shown that in the countries of the world and Ukraine there is a powerful potential and there is a positive tendency to more intensive use of renewable energy sources. It has been found that in 2020, for the first time in history, the share of RES in the structure of electricity in Europe has exceeded the proportion of fossil fuels due to the expansion of energy from the sun and the sun. The development of renewable energy in the planet also promotes the introduction in many countries and in Ukraine "Green Tariffs" and "Green" for electricity. It is positive that Ukraine has joined the European Energy Community and undertaken a joint regulatory policy with EU countries, develop and implement measures for renewable energy in the country. The prospects for the development of renewable energy sources in the countries of the world and Ukraine are determined.

scholarly journals Renewable energy sources in future energy balance of the republic of Kazakhstan

2018 ◽  
Vol 58 ◽  
pp. 03006 ◽  
Author(s):  
Bekzhan Mukatov ◽  
Ravil Khabibullin
Keyword(s):  
Renewable Energy ◽  
Development Strategy ◽  
Large Scale ◽  
Renewable Energy Sources ◽  
Energy System ◽  
Energy Sources ◽  
Basic Principles ◽  
The World ◽  
Main Factors ◽  
The Republic

The article describes the main factors determining the development of renewable energy sources in the world. The assessment of the applicability of foreign RES development strategies to Kazakhstan’s energy system has been made. The main tasks facing Kazakhstan’s energy system with large-scale implementation of renewable energy were formulated. On the basis of the analysis and performed calculations recommendations and basic principles have been made on development strategy of renewable energy sources in the Republic of Kazakhstan.

scholarly journals Strategic Aspects of Economic and Energy Policy of Ukraine in the Context of Sustainable Development

2021 ◽  
Vol 1 (516) ◽  
pp. 65-76
Author(s):  
O. V. Klymchuk ◽  
◽  
S. V. Kozlovskyi ◽  
R. V. Lavrov ◽  
◽  
...  
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Saving ◽  
Energy Policy ◽  
Renewable Energy Sources ◽  
The State ◽  
Energy Industry ◽  
Energy Sources ◽  
High Tech ◽  
The World

The article is aimed at developing strategic directions and introducing regulatory measures for the formation of Ukraine’s energy policy on the principles of energy saving and the development of renewable energy industry. On the basis of scientific works, the main organizational-economic vectors of energy industry sector development are systematized, which are associated with the formation of a favorable socio-political climate regarding the priority of using renewable energy sources in the fuel and energy complex; development of effective methods of both the State-based and the market-based regulation by the world community; coordination of the strategy of sustainable development of the world economy. It is determined that the energy saving policy should be based on a flexible combination of the State-based regulation and the market environment for the formation of the most acceptable stimulation mechanisms in the specific economic and political situations, which allows for the greatest economic benefit. It has been found out that the implementation of energy saving processes is impossible without the mass use of renewable energy carriers, which are a universal resource for processing to the right types of energy, are marked by energy independence related to obtaining economic benefits and contribute to the creation of an ecological friendly environment. In the perspective, the energy saving processes, the transition of the national economy to wide implementation in the production of high-tech technologies and the use of renewable energy sources should become the determining factors of Ukraine’s energy strategy.

scholarly journals Biodiesel, a ochrona środowiska

2006 ◽  
Vol 4 (1) ◽  
pp. 351-356
Author(s):  
Marlena Owczuk
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Crude Oil ◽  
Environmental Degradation ◽  
Automotive Industry ◽  
Alternative Fuels ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Engine Emissions ◽  
The World

The development of the automotive industry in the world causes high environmental degradation, the main source of this degradation is engine emissions. It is necessary to introduce biofuels prepared from renewable energy sources to the market due to the limited reserve of crude oil and environmental protection. Appropriate new modifications in law regulations have been prepared in European Union. Introducing alternative fuels can reduce the emissions of harmful gases and also decrease the level of pollutions in the environment.

scholarly journals Improvement of turbogenerators as a technical basis for ensuring the energy independence of Ukraine

2021 ◽  
pp. 19-30
Author(s):  
V. V. Shevchenko ◽  
A. N. Minko ◽  
M. Dimov
Keyword(s):  
Renewable Energy ◽  
Electric Power ◽  
Energy Security ◽  
Nuclear Power ◽  
Power Plants ◽  
Renewable Energy Sources ◽  
Electric Power Industry ◽  
Energy Sources ◽  
The World ◽  
Energy Independence

The paper defines the directions of improving turbogenerators as the basis for ensuring the energy independence of Ukraine. The analysis of the state, problems and prospects for the development of modern electric power industry. Goal of the work is to identify promising directions for sustainable development of the national electric power industry in order to ensure energy security of Ukraine, to conduct a comparative analysis of electricity sources, to confirm the need to improve the main sources – turbogenerators. Methodology. During the research, an analytical analysis of the electricity sources, which are installed at power plants in Ukraine and the world, was carried out, taking into account the growth of the planet's population and its energy activity. Cyclic theory was chosen as the theoretical basis for forecasting. On the basis of this theory, global development trends, advantages and disadvantages of currently used sources of electricity - thermal (including nuclear) power plants and stations that operate from renewable energy sources - have been established. A review of literary sources on the methods of the energy sector forecasting the development, including the development of the energy sector in Ukraine, has been carried out. Originality. It has been established that due to the active growth of the planet's population, with the increase in its energy activity, obtaining electricity from renewable energy sources is not enough, that for the next 20-30 years nuclear power plants will be the main sources of electricity. The internal and external threats to the energy security of Ukraine, directions of development of turbogenerator construction, ways to improve turbogenerators, to increase their energy efficiency, power per unit of performance, to increase the readiness and maneuverability factors, and overload capacity have been identified. Practical significance. The need to continue the modernization and improvement of the turbogenerators of nuclear power plant units, as the main sources of electricity, has been proved. The directions of their improvement are established: increasing the power in the established sizes, making changes to the design of the turbogenerators inactive elements, replacing the cooling agent to keep Ukrainian turbogenerators at the world level, improving auxiliary systems, improving and increasing the reliability of the excitation system, introduction of automatic systems for monitoring the state turbogenerators. Possible limits of use, advantages, disadvantages and problems of using renewable energy sources for Ukraine have been established.

scholarly journals PROSPECTS FOR RENEWABLE ENERGY FOR LOW-RISE BUILDINGS IN CRIMEA

2020 ◽  
pp. 85-93
Author(s):  
N. V. Tsopa ◽  
A. E. Dikarev
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Solar Energy ◽  
Power Supply ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
The European Union ◽  
Advantages And Disadvantages ◽  
The World ◽  
The Crimea

in the article provides a comparative analysis of the development of solar energy in the world, in the European Union, in Russia and in Crimea; the advantages and disadvantages of the use of solar energy, the features of the use of renewable energy sources are considered, the use of solar energy in the Crimea is justified; describes the mechanism of a feasibility study for the use of autonomous power supply for low-rise buildings in Crimea.

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.

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