scholarly journals Innovation-Investment Activity in the Development of Alternative Sources of Energy: The Factors of Influence

2021 ◽  
Vol 10 (525) ◽  
pp. 144-151
Author(s):  
I. V. Honcharuk ◽  
◽  
O. M. Babyna ◽  
T. V. Yemchyk ◽  
◽  
...  

The article defines and systematizes the factors of innovation and investment activity in the development of alternative energy sources, followed by the separation of those groups of factors that have a dominant influence on the processes of ensuring innovation and investment activity in the development of alternative energy sources. The volumes of global investments in alternative energy sources are analyzed, in particular, it is determined that wind energy and biofuels have become the most investment attractive to foreign investors. It is identified that solar energy is characterized by rapid development and has the largest scale of construction of new capacities in Ukraine. The comparison of real indicators of renewable energy sources with the planned ones in accordance with the National Renewable Energy Action Plan until 2020 and the Energy Strategy of Ukraine until 2035 «Security, Energy Efficiency, Competitiveness» was carried out. It is determined that Ukraine, although it lags behind the global pace of implementation of the use of renewable energy sources, still has a tendency to reduce the consumption of traditional fuels, in particular imported natural gas. It is substantiated that at the center of the multidimensional system of factors of innovation and investment development of alternative energy sources should be the purpose of satisfying the interests of each individual citizen as the driving force of the necessary reforms on the effective use of territorial resources, as well as to ensure the sustainable development of the country. It is emphasized that precisely the innovative nature of development should cover a comprehensive study of all factors that are part of the relevant field of scientific knowledge, the achievement of scientific and technological progress, efficient socio-economic and environmental technologies. The need to focus on finding solutions and substantiating the effectivity of the implementation of alternative energy of the entire accumulated human, production and technological potential is determined. It is emphasized that the effective and dynamic use of alternative energy sources for Ukraine is a strategically important task, the solution of which will reduce the anthropogenic load on the environment, as well as increase the number of jobs, financial revenues to budgets of all levels, which, in turn, will lead to the sustainable development of the region and the country as a whole.

2020 ◽  
pp. 117-133
Author(s):  
L.Hr. Melnyk ◽  
O.N. Derykolenko ◽  
Yu.O. Mazin ◽  
O.I. Matsenko ◽  
V.S. Piven

Energy security and independence is one of the key points in sustainable development. In modern conditions of rapid growth and development of technologies, more and more attention is paid to finding practical solutions for environmentally friendly and inexpensive energy production. For a long time, scientists from various fields of scientific activity around the world have been engaged in the development and use of alternative energy sources. The share of renewable energy sources in the generation of electricity around the world is growing steadily, which indicates an increase in the use of energy obtained from alternative sources, such as, for example, wind and sun. These trends testify to the desire of consumers to abandon the use of fossil energy sources and nuclear power plants as much as possible in order to ensure further sister development. Under the current conditions of the COVID-19 pandemic, the demand for electricity worldwide has decreased, however, as the study shows, this pandemic has not affected the development of renewable energy. The article analyzes modern trends in the development of renewable energy, taking into account the experience of the EU countries and leading countries of the world in this area. As a result, it was concluded that in modern conditions, to achieve sustainable development, transformation processes are needed in such an important area as energy. Various processes in the global economy, which contributed to the intensive development of alternative energy sources, served as a powerful impetus for such changes. Many countries have made significant progress in the development of renewable energy.


2018 ◽  
Vol 40 (2) ◽  
pp. 41-48 ◽  
Author(s):  
G.G. Geletukha ◽  
T.A. Zheliezna ◽  
A.I. Bashtovyi ◽  
G.I. Geletukha

The current state of the development of bioenergy in Ukraine is presented. Prospects for the production of heat from biomass by sectors of consumption until 2050 are estimated. The most important barriers to the development of the sector are analyzed, ways for their complete or partial overcoming are suggested. The current state of the development of bioenergy in Ukraine is presented. It is shown that according to Ukraine’s energy balance for 2010-2016, the average annual growth of bioenergy is 45 % by the «production of biofuel and wastes» and 35 % by the «total primary energy supply from biofuels and wastes». Despite quite good dynamics of the development, to reach key figures of the National Renewable Energy Action Plan until 2020 it is necessary to speed up bioenergy growth. Prospects for the production of heat from biomass by sectors of consumption until 2050 are estimated. The obtained results show that the share of renewables in the total heat production may be over 57 % in 2050. At that the consumption of renewable energy sources will be about 13.8 Mtoe/yr (of which biomass accounts for over 90 %), and the respective replacement of natural gas will come to about 17 billion m3/yr. The most important barriers to the development of bioenergy sector are analyzed, and ways for their complete or partial overcoming are suggested. Ukraine has quite good legal basis for the development of renewable energy. In particular, it includes the feed-in tariff for power produced from alternative energy sources and stimulating tariff for heat produced from alternative energy sources for households and public buildings. For the wider involvement of biomass in the fuel and energy balance of Ukraine it is necessary to provide legal basis and implementation of a number of important measures.Among others, they include creating preconditions for increasing harvesting of wood in Ukraine’s forests, introduction of the electronic biofuel trade system, ensuring fair access of independentproducersofbiomassheattoheatnetworksandother.


10.23856/2705 ◽  
2018 ◽  
Vol 27 (2) ◽  
pp. 44-51
Author(s):  
Lidiya Shergina ◽  
Alla Zhemba ◽  
Nataliia Revutska ◽  
Yulia Burma

The article is devoted to the issues of the functioning and development of energy in each country, caused mainly by the economic expediency of renewable energy and the requirements of energy independence. Also, the article examines the importance of replacing traditional fuels with alternative energy sources. The international experience of the countries in the field of efficient use of available natural resources of the fuel and energy complex and enhancement of the potential of the energy sector have been analyzed. A number of common characteristics and directions of energy efficiency improvement for European countries are highlighted. Alternative types of energy and measures necessary for their implementation have been offered. The potential resources of renewable energy sources have been analyzed. The article is devoted to the use of economical and ecological type of fuel - biofuel for Ukraine. On the basis of the analysis of the situation on the energy market, renewable energy is examine, which plays a compensatory role in global energy consumption in the conditions of growing exhaustion of non-renewable sources.


2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
T. Pimonenko ◽  
O. Lyulyov ◽  
N. Letunovska ◽  
O. Lytvynenko ◽  
A. Nazarenko

The article aims to study current trends in the use of solar energy in Ukraine and the world as one of the main directions of decarbonization of the national economy. The authors systematize the prospects, advantages and disadvantages of the development of renewable energy sources. They conducted a comparative analysis of the "efficiency" of solar energy in some countries and Ukraine. The authors determined that the leading position in terms of the share of energy consumed from renewable sources is occupied by countries with developed economies due to the availability of effective motivational mechanisms. From the experience of EU countries, the authors concluded that renewable energy sources form a prerequisite for obtaining additional socio-economic and environmental effects. In the presence of favorable market conditions, renewable energy sources can increase the level of energy security in the country and its energy independence. The article analyzes the legislation of Ukraine on stimulating the development of alternative energy. The authors proposed two opposed ways of further developing solar energy in Ukraine. In particular, the country can implement methods of using alternative energy, which developed countries have successfully implemented. Another area involves increasing research and innovation in implementing, using, maintaining, and utilizing energy-generating devices from alternative energy sources. Despite the polarity of the proposed directions for further development of renewable energy, in both cases, the state policy on attracting investment and promoting the use of energy from alternative energy sources is crucial. In addition, the authors noted the benefits for society from the development and implementation of alternative energy sources. The scaling up and promotion of energy production technologies from alternative sources can reduce carbon emissions, which has been an urgent problem globally.


2015 ◽  
Vol 10 (1) ◽  
pp. 34-52 ◽  
Author(s):  
Roxana Clodnițchi ◽  
Alexandra Cătălina Chinie

Abstract When talking about the future of Europe we also think about alternative energy sources. It is up to national governments to decide how to encourage investments in this field in order to contribute to the 20-20-20 EU-objective. Until the network delivery cost for electricity produced from renewable sources will be comparable to the cost for energy from traditional sources ("grid parity"), the development of businesses and markets for electricity from renewable sources is going to be driven by support schemes. The state of the grids and the facility of grid-access constitute another two key factors influencing the development of this sector. Last but not least, the question of policy consistency is raised within the business community. Over the past years some support schemes have proved to be more effective than others, and grid conditions have also evolved. Policies supporting the development of renewables also changed at EU-level and at national levels. Based on statistics, scientific literature and the feedback of the business community, this study aims to analyse the development of renewable energy sectors in the European Union by comparing Germany’s and Romania’s experience. Also this study describes the current and expected future market situation in these countries relying on data gained from questionnaires and interviews with specialists in the renewable field.


Author(s):  
S.M. Nasirdinova ◽  
E. Akmatov ◽  
E.A. Abilov

The aim of this study was to observed to increasein the global aspect concentration of СО2. Heat balance contributing factors to change of the planet were separated. The results of the analysis, to show of reasonable statistical data on environmental damage from the use of organic fuels for energy production are also presented on the example of Kyrgyzstan. The ecological and climatic prerequisites contribute to the intensive introduction of alternative energy sources. The most important directions of development of renewable energy sources highlighted in the conditions of our mountain republic. The article shows that the development of the biogas industry - as one of the priority areas of alternative energy, for a constant increase in prices for fossil energy resources, would allow solving a number of important economic problems. Approach of the article is obvious, as it provides an alternative environmentally friendly method of energy generation.


Author(s):  
Kateryna Kraus ◽  
Nataliia Kraus ◽  
Anna Pavluk

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.


Author(s):  
Inna HONCHARUK ◽  
Inna TOMASHUK

It has been substatiated in the article that renewable energy sources have recently become one of the important criteria for the sustainable development of rural areas. The emphasis is placed on the search for new and improved existing technologies for the production of alternative energy sources, expansion of their implementation areas. It is substantiated that the main reasons for such attention to the energy supply of rural territories are expected exhaustion of fossile fuels resourses, sharp increase in their prices, imperfections and low efficiency of their use technologies, harmful effects on the environment. It is shown that the situation of energy dependence can be changed by conducting the corresponding energy policy, improving the regulatory framework and attracting investment in the development of non-traditional and renewable energy sources. It is highlighted that Ukraine has sufficient opportunities to provide an adequate amount of biofuels, primarily through the use of biomass potential of agricultural crops and fast-growing energy crops. It is researched that in conditions of a complex socio-economic situation in Ukraine, a significant energy dependence on energy imports, the search for alternative energy sources is of particular relevance. It is estimated that Ukraine is among the dozens of countries - the largest consumers of energy resources, with a small share in the structure of the world's product. It is proved that energy saving today becomes one of the most important priorities of socio-economic development in the national and regional dimensions. The necessary condition for successful work in national and world agrarian markets is constant work on increasing the competitiveness of products, in particular, reducing its value by reducing the energy intensity of production. It is substantiated that agricultural producers are actively working on the issue of reducing energy consumption per unit of output. It is determined that the majority of these measures is aimed at increasing the productivity of agricultural crops, increasing productivity of the livestock sector, technical and technological re-equipment of the production process. It was emphasized that special attention should be paid to the branches of animal husbandry, because this industry is a serious source of alternative energy production. This applies not only the large live-stock producing agro-holdings but also the small households that operate in rural areas, for which live-stock production is subsidied by the state. Besides, it may become a source of energy supplies for their own needs as well. It was investigated that each year large livestock farms and poultry farms can receive environmentally friendly biofuels in an anaerobic way and significantly improve the quality of sewage. It is determined that thermal efficiency of cogeneration units of biogas production depends very much on equipment for electricity generation. For example, the use of gas-fired internal combustion engines has a thermal efficiency of 70% to 75%, while in the case of using gas turbines and boiler-wastes thermal efficiency can reach more than 90%. It is concluded that one of the ways to reduce the dependence on energy imports and to improve ecology in rural areas of Ukraine is to develop alternative energy generation in agro-industrial complex. Ukraine should create all opportunities for the development of innovative technologies for the implementation of renewable energy sources; to provide conditions for serial production and implementation of bioenergy facilities; to promote the formation of the equal competitive environment for different types of fuel. This will promote green energy production


Author(s):  
Stefano Fanetti

Italy is a country where the energy supply depends largely on imported raw materials (such as oil and natural gas). The favorable geographic location could encourage the development of renewable energy sources; nevertheless, the growth of alternative energy sources is slow. What are the reasons? This question will be dealt in this chapter, considering three different aspects of the issue: the economic incentives for renewable energies, the problematic process of authorization of the facilities and the local communities’ opposition to new plants. Besides the analysis of these issues, the aim of this paper is to identify possible solutions, taking into account the relevant legislative and regulatory changes that, at national and Community level, have affected and are affecting the field of renewable energy.


2013 ◽  
pp. 261-278
Author(s):  
Abdeen Mustafa Omer

In the recent attempts to stimulate alternative energy sources for heating and cooling of buildings, emphasis has been put on utilisation of the ambient energy from ground source and other renewable energy sources. Exploitation of renewable energy sources and particularly ground heat in buildings can significantly contribute towards reducing dependency on fossil fuels. This paper highlights the potential energy saving that could be achieved through use of ground energy source. It also focuses on the optimisation and improvement of the operation conditions of the heat cycles and performances of the DX GSHP. It is concluded that the direct expansion of GSHP are extendable to more comprehensive applications combined with the ground heat exchanger in foundation piles and the seasonal thermal energy storage from solar thermal collectors. This article discusses the principle of the ground source energy, varieties of GSHPs, and various developments.


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