scholarly journals The energy efficiency of the national economy assessment in terms of investment in green energy

2021 ◽  
Vol 189 (5-6(1)) ◽  
pp. 26-34
Author(s):  
Olim Astanakulov ◽  
◽  
Khurshid Asatullaev ◽  
Nodira Saidaxmedova ◽  
Nilufar Batirova ◽  
...  

Introduction. The study of the development of CO2-neutral economy shows that this concept was only examined from a theoretical point of view in the first phases and has become a priority development area of all countries of the world since 2019. Carbon neutrality means not only a massive conversion of traditional energy into renewable (alternative), but also a complete thermal modernization, a change in the production sector towards energy saving and energy efficiency, innovative changes in wastewater treatment systems and recycling, etc. In other words, an important engine for the development of a CO2-neutral economy in the national economic system is a set of mechanisms and instruments to improve energy efficiency through sustainable innovative development. Theoretical base. For a detailed analysis of the conditions for the development of the energy efficiency of the national economy (Charles, 2019), it is necessary to monitor the state of the energy system and the environmental situation in the country (Huang, 2019), since today almost all countries of the world have reconsidered their priority areas in the development of the energy sector and have actively started to implement reforms for modernization and conversion towards energy production (Khan, 2018). The most promising areas were alternative energy sources and the development of a carbon-neutral economy (Jiahai, 2019). Therefore, the countries of the European Union have agreed on an action plan for energy efficiency for the period 2007-2020 (Kraemer, 2020), which is a 20-20-20 plan - reducing CO2 emissions by 20%, improving energy efficiency by 20% and increasing the share of renewable sources in the energy sector by 20% (Lakshman, 2019). In this phase, Russia plans to achieve 11% of renewable energy sources in the structure of final energy consumption and increase energy efficiency by 9%. At the same time, Russia, which has joined the Paris Climate Agreement (Rehbein, 2020), has set itself the goal of reducing CO2 emissions by 40% by 2030 compared to 1990 (Shu, 2019). The aim of the study is to develop theoretical and methodological tools for assessing the level of energy efficiency of the national economy and its main determinants. Results. The forecast results showed that there is a significant discrepancy between the optimistic and realistic scenarios of the dynamics of changes in the economy’s diverging sub-index of energy efficiency. According to the optimistic scenario, the balancing of the convergent and divergent sub-indices will take more than 10 years (in 2020, the value of the convergent sub-index of energy efficiency of the national economy was 0.84 and the projected value of the divergent sub-index in 2030 was 0.71). Conclusions. The growth of the economy’s integral energy efficiency index is possible if a stable balance is achieved between its convergent and divergent determinants. Calculations have confirmed that the implementation of state policies to ensure the energy efficiency of the economy should primarily focus on increasing divergent determinants of the energy efficiency of the economy. To target the diverging sub-index of the national economy’s energy efficiency, the paper performs a scenario forecast of the vector of its change based on the Brown model, which takes into account the retrospective nature of the distribution of its time series and eliminates fluctuations in random variables.

Author(s):  
Sergiy Korinnyi ◽  
Mariia Mikhailutsa ◽  
Anastasiia Bondarenko

The article examines a set of issues related to "green energy" in the world, problems and opportunities from the introduction of alternative energy sources for greening the economy, developing sustainable economy and preserving human potential. Analytical works of some Ukrainian authors have been studied, in which the current state, obstacles to the realization and prospects of "green energy" in the world have been determined. The purpose of the article is to refute the allegations about the need to immediately stop the introduction of "green technologies", including the construction of solar stations. There are two opposing views on the need for green energy, which have been being discussed around the world for the past few decades. The most popular evidence from both sides on this issue is given, in particular, that the planet can be saved only through the active use of renewable energy sources, and on the other hand, that "green energy" at the current level of human development will cause even more environmental and economic problems. The arguments most often expressed by opponents of the active introduction of "green energy" are highlighted, namely: the high cost of new technologies compared to existing types of generation; the inability of "green energy" to solve the problem of warming on the planet with reference to scientific research on the amount of CO2 emissions from different types of generation as a major factor in warming; danger to the energy systems of all countries of the world due to the instability of energy production by natural factors. Counter-arguments on these issues are provided and evidence of the ability and necessity to use clean technologies is provided. The problem, on which the opinions of both parties coincide, is highlighted - the reluctance of "green" investors to spend money on storage systems, energy storage and stabilization of energy systems due to their high cost, size, insufficient energy consumption and insufficient duration of work. It is noted that the issue of developing the latest energy storage and stabilization systems and their installation at new and existing RES stations needs to be addressed immediately, but is not an obstacle to the further development of green energy.


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.


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.


2020 ◽  
pp. 114-125
Author(s):  
Tetyana DERKACH ◽  
Denys CHEBANENKO

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.


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.


2021 ◽  
Vol 18 (1) ◽  
pp. 95-114
Author(s):  
Ana Radojevic ◽  
Danijela Nikolic ◽  
Jasna Radulovic ◽  
Jasmina Skerlic

The implementation of energy efficiency measures and use of renewable energy sources in educational buildings can significantly contribute to reducing energy consumption, but also to CO2 emissions in the entire public sector. The paper shows the comparison of energy consumption indicators for 61 elementary school buildings which have previously been divided in 12 groups, according to the period of construction and size, based on the national typology called TABULA, as the first step of further study on how to use the renewable energy sources. The aim of this paper is to use the energy benchmarking process to select representative facilities which are suitable for applying renewable energy sources, for their further energy efficiency improvement. Indicators of annual specific electricity consumption and CO2 emissions per unit area [kWh/m2] and per user [kWh/user] were calculated. After that, from two groups (in which the highest electricity consumption and CO2 emissions are 68.37% and 74.53% of the total consumption/ emissions), one representative facility was selected.


Originally, coal was the main source of energy. It remains so throughout the 18th century during the period of the rapid industry development. Later on, oil and naphtha began to be used as energy sources and their usage expanded especially in 19th century. A special feature of the above mentioned fossil fuels is their long creation period – requiring millennia. They are a result of rotting of different plant and animal kinds. In comparison to the period of their formation, the period of their utilization is far shorter. In accordance with a number of existing statistics about 2050 year it may be talked about a depletion of the liquid fossil fuels, also, the world coal supplies are considered to last within the next 200 years. Therefore, the development of nuclear power engineering is considered to be one of the alternatives to generate energy. Recently, the nuclear power energy generation has been denied in many countries because of the risks associated with its generation and because these risks have been confirmed by serious accidents throughout the World. The storage of worked nuclear waste is also a problem and risky. The renewable energy sources are another possibility to generate energy.


2020 ◽  
Vol 207 ◽  
pp. 02009
Author(s):  
Violetta Gassiy ◽  
Vasiliy Stoikov

The paper discusses the possibilities of green energy in improving the economic growth of regions, the development of the green market and its importance in implementing environmental protection policy. The author considers the premises for the formation of a market of renewable energy sources in developed countries, studying world trends, as well as the conditions and factors affecting the development of the ecological market of green goods and services in modern Russia. The paper analyzes legislative initiatives to develop an alternative energy market, taking into account Russia’s accession to the Paris climate agreement. The author gives examples of regional experience in Russia that are already implementing projects for the installation of alternative energy generators, wind and solar. The conditions and factors for the energy capacities development based on renewable sources in the Arctic territories are also considered. The author concludes that the development of renewable energy sources must be considered in the line of the energy strategy of Russia, as well as with issues of digitalization of the industry, microgeneration, the introduction of energy storage systems.


Author(s):  
O. O. Dekhtiar

Actuality of the problem. The article discusses the current level of use of alternative sources of electrical power in the world. The main areas of the global power development were determined, the statistical data of leading energy companies, analytical international organizations and financial institutions were analysed. For today, all civilized countries successfully switch to alternative energy sources: wind, solar energy, biofuels, etc. In addition, the use of solar energy is one of the most promising inexhaustible, renewable energy sources. The use of renewable energy sources replaces the traditional one, based on extractive technologies polluting the atmosphere with harmful emissions, and enhances the greenhouse effect, reduces the burden on the resource base and energy systems of countries and improves the environment. Sustainable development of the agricultural sector of the economy of Ukraine and, in particular, irrigated agriculture requires a reduction in energy dependence. In the structure of the cost of irrigation water, a significant share accounts for electrical power. That is why to increase the efficiency of irrigated agriculture, to ensure high and sustainable yields in the context of climate change, it is extremely important to reduce the cost of power consumption. The need to use alternative energy sources in the drainage complex of Ukraine as part of the implementation of the energy strategy of Ukraine, aimed at the transition to fficient use and consumption of energy resources is highlighted. The Institute of Water Problems and Land Reclamation deals with the investigations of measures and technologies to improve power efficiency to reduce the specific energy consumption for pumping water by pumping stations and to reduce the rate of power losses for water intake and water transportation by water supply paths. One of the effective measures to reduce power cost is the use of alternative energy sources, in particular solar energy. The economic potential of the measures for improving energy efficiency in irrigation systems wass estimated. Conclusions. The estimation showed that the use of modules of solar power plants installed above the surface of open irrigation canals will lead to lower energy costs in the face of a constant increase in tariffs, that is, it will help to increase the economic efficiency of irrigation, reduce the share of water resources in national energy consumption and have a positive environmental effect. The sale of surplus power to the energy system at “green” tariffs can significantly reduce the payback period for the modernization of the engineering infrastructure of irrigation systems.


Author(s):  
Lubica Bednarova ◽  
Tomáš Brestovič ◽  
Natália Jasmisnká ◽  
Marián Lázár ◽  
Romana Dobáková ◽  
...  

Currently, a lot of focus is dedicated to metal hydride alloy and options of their utilization. Mankind must solve energy problems due to constant population growth and use of non-renewable energy sources. The World resources of oil are limited and therefore the mankind must start utilizing the alternative energy sources for example hydrogen. Its known that the hydrogen can be stored by metal hydride alloys what it represents the safety way of storage with absence high pressure and temperature. The process by produce of the alloy with good absorption properties the research does not end. Some alloy absorbs the hydrogen after they produce immediately, however a lot of them need the activation for improvement or starting absorption process. Process of activation is very important for achieving the maximum capacity at moderate temperature.


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