Grassroots Journal of Natural Resources

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Grassroots Journal of Natural Resources

Coordinated and published by The Grassroots Institute, the Grassroots Journal of Natural Resources (GJNR) is an international journal dedicated to the latest advancements in natural resources throughout the world. The goal of this journal is to provide a platform for scientists, social scientists, policy analysts, managers and practitioners (on all academic and professional levels) all over the world to promote, discuss and share various new issues and developments in different arenas of natural resources.

VOLUME 5, ISSUE 4 (DECEMBER 2022)

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M – 00315Research Article

Renewable Energy of Ukraine in Global Energy Transformations

Andrii Pecheniuk*1, Ihor Garasymchuk2, Pavlo Potapskyi3, Mykola Vusatyi4, Viktor Dubik5, Vitalii Pukas6

1Department of Finance, Banking, Insurance & Electronic Payment Systems, Podillia State University, st. Shevchenko, 13, Kamianets-Podilskyi, Ukraine 32300.

E-mail: anvaspe@meta.ua | ORCID: https://orcid.org/0000-0002-8348-5044

2Department of Electrical Engineering, Electromechanics and Electrotechnology, Podillia State University, st. Shevchenko, 13, Kamianets-Podilskyi, Ukraine 32300.

E-mail: igorgarasymchuk@gmail.com | ORCID: https://orcid.org/0000-0002-4304-4447

3Department of Electrical Engineering, Electromechanics and Electrotechnology, Podillia State University, st. Shevchenko, 13, Kamianets-Podilskyi, Ukraine 32300.

E-mail: p.v.potap@meta.ua | ORCID: https://orcid.org/0000-0003-4792-8992

4Department of Electrical Engineering, Electromechanics and Electrotechnology, Podillia State University, st. Shevchenko, 13, Kamianets-Podilskyi, Ukraine 32300.

E-mail: 0611142015vys@gmail.com | ORCID: https://orcid.org/0000-0003-3070-9283

5Department of Energy Saving Technologies and Energy Management, Podillia State University, st. Shevchenko, 13, Kamianets-Podilskyi, Ukraine 32300.

E-mail:vmdubick@gmail.com | ORCID: https://orcid.org/0000-0002-9743-1565

6Department of the Tractors, Cars and Power Tools, Podillia State University, st. Shevchenko, 13, Kamianets-Podilskyi, Ukraine 32300.

E-mail: pukasvital@gmail.com | ORCID: https://orcid.org/0000-0002-0083-7359

*Corresponding author

Grassroots Journal of Natural Resources, 5(4): 19-33. Doi: https://doi.org/10.33002/nr2581.6853.050402

Received: 05 November 2022

Reviewed: 27 November 2022

Provisionally Accepted: 30 November 2022

Revised: 03 December 2022

Finally Accepted: 15 December 2022

Published: 31 December 2022


                                    

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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.

Keywords

Renewable energy; Green energy; Energy market; Energy infrastructure; Energy dependence; Decarbonization

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Demchenkov, Y. (2022). Scales of damage to the energy system of Ukraine caused by the war

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Economic Truth (2021). You can't give up, continue: Why the transition to "green" energy is

Esen, Ö. and Bayrak, M. (2017). Does more energy consumption support economic growth in

Estache, А. and Kaufmann, М. (2011). Theory and evidence on the economics of energy

Fowlie, M. and Meeks, R. (2021). The Economics of Energy Efficiency in Developing

Fragkos, P. (2022). Analysing the systemic implications of energy efficiency and circular

Gerasymchuk, V.G. and Romanyuk, O.V. (2014). Trends in the development of renewable

Khmelyuk, A.V. and Huk, O.V. (2021). Prospects for the use of alternative energy: investment

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Krynytskyi, K. (2022). Renewable energy is the key to rebuilding the economy and energy

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Omelchenko, V. (2022). Ukraine over-implements NDC2. Are there reasons for optimism?

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Ryazanova, N.O. (2017). Economic mechanisms of renewable energy development. Economy

Shen Facility Management (2020). Development of the market of alternative energy sources.

Strielkowski, W., Veinbender, T., Tvaronavičienė, M. and Lace, N. (2020). Economic efficiency

Usenko, Y. (2022). How to protect "green" energy. Economic Truth. Available online at:

Usenko, Y. (2022). Investors' trust in "green" energy is weakening every day. Energy transition.

Word and Deed (2021). Renewable energy in Ukraine: how capacities have changed. Available

Zaharii, V.K. and Kovalchuk, T.G. (2021). Renewable energy: development trends in the world

HOW TO CITE THIS PAPER?
Harvard Style

Pecheniuk, A., Garasymchuk, I., Potapskyi, P., Vusatyi, M., Dubik, V. and Pukas, V. (2022). Renewable Energy of Ukraine in Global Energy Transformations. Grassroots Journal of Natural Resources, 5(4): 19-33. Doi: https://doi.org/10.33002/nr2581.6853.050402

APA Style

Pecheniuk, A., Garasymchuk, I., Potapskyi, P., Vusatyi, M., Dubik, V., & Pukas, V. (2022). Renewable Energy of Ukraine in Global Energy Transformations. Grassroots Journal of Natural Resources, 5(4), 19-33. https://doi.org/10.33002/nr2581.6853.050402

ACS Style

Pecheniuk A., Garasymchuk I., Potapskyi P., Vusatyi M., Dubik V., Pukas V. Renewable Energy of Ukraine in Global Energy Transformations. Grassroots Journal of Natural Resources, 2022, 5 (4), 19-33. https://doi.org/10.33002/nr2581.6853.050402

Chicago/Turabian Style

Pecheniuk, Andrii, Garasymchuk, Ihor, Potapskyi, Pavlo, Vusatyi, Mykola, Dubik, Viktor, Pukas, Vitalii. 2022. “Renewable Energy of Ukraine in Global Energy Transformations”. Grassroots Journal of Natural Resources, 5 no. 4: 19-33. https://doi.org/10.33002/nr2581.6853.050402

AAA Style

Pecheniuk, Andrii, Ihor Garasymchuk, Pavlo Potapskyi, Mykola Vusatyi, Viktor Dubik and Vitalii Pukas. 2022. “Renewable Energy of Ukraine in Global Energy Transformations”. Grassroots Journal of Natural Resources, 5 (4): 19-33. https://doi.org/10.33002/nr2581.6853.050402

ABSTRACTING LINKS
Crossref: https://doi.org/10.33002/nr2581.6853.050402
EuroPub: https://europub.co.uk/articles/735159
Scilit: https://www.scilit.net/publications/0ef965fea04901cff116f435bfc27807
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Cite Factor: https://www.citefactor.org/article/index/0/renewable-energy-of-ukraine-in-global-energy-transformations
Academia.edu: https://www.academia.edu/118808623/Renewable_Energy_of_Ukraine_in_Global_Energy_Transformations
Dimensions: https://shorturl.at/atuAI
ZENODO: https://zenodo.org/records/11163449
OpenAIRE: https://explore.openaire.eu/search/dataset?pid=10.33002%2Fnr2581.6853.050402
Scribd: https://www.scribd.com/document/730882027/nr-05-04-02-pecheniuketal-m00315
ScienceGate:
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Research Gate: https://www.researchgate.net/publication/366757159_Renewable_Energy_of_Ukraine_in_Global_Energy_Transformations
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Harvard Dataverse: https://dataverse.harvard.edu/dataset.xhtml?persistentId=doi:10.7910/DVN/ODP1CX&version=DRAFT
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ARCHIVE & REPOSITORY LINKS
Internet Archive: https://archive.org/details/nr-05-04-02-pecheniuketal-m00315
WorldCat: https://search.worldcat.org/title/9726847710?oclcNum=9726847710

ARTICLE METRICS

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Grassroots Journal of Natural Resources by The Grassroots Institute is licensed under a Creative Commons Attribution 4.0 International License. Based on a work at www.grassrootsjournals.org.

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