Renewable Energy of Ukraine in Global Energy Transformations

Abstract

This article substantiates the need for the decarbonization of energy and the economy through the use of renewable energy sources. The advantages that the country achieves by stimulating the development of "green" energy are highlighted, in particular context of the achievement of significant economic, technological, ecological, and social effects. The global trends in the development of the renewable energy market are analyzed and evaluated using the main documents regulating the activity of "green" power generation. This article reveals the peculiarities of the functioning of the market of renewable energy sources in Ukraine, in particular. Specially noted are the difficult environmental situations in different regions of the country, the problems of reducing dependence on energy imports, and the destructive impact of the military aggression of the Russian Federation on the development of renewable energy in Ukraine. An assessment of energy consumption in Ukraine was conducted based on the renewable sources with the installed capacity of "green" energy facilities, and the dynamics of investment in the industry. The article has analyzed the factors that complicate the activities of participants in the market of renewable energy sources. The main trends in the development of "green" energy in the coming years are predicted, and a set of measures are proposed with the intention of improving the situation in the field of renewable energy.