Organizational and economic mechanisms of renewable energy implementation in Ukraine

Abstract

The purpose of the article is to consider the organizational and economic mechanisms of the implementation of renewable energy in Ukraine. The methodological basis of the research in this work is the methods of collecting and comparing information, as well as analysis, synthesis and generalization. The application of these methods allowed the author to carry out a comprehensive study of the legislative and regulatory framework for the implementation of renewable energy in Ukraine, economic instruments and organizational structures that affect the development of this sector. The results indicate that from an economic point of view, renewable energy sources can become an effective means of stimulating innovation and business activity in national economies, creating new jobs and increasing revenues from equipment imports. It was noted that the main obstacles to the development of renewable energy in our country are insufficient investment support due to the instability of business conditions for investors in the field of renewable energy. The conclusion states that organizational and economic mechanisms for the introduction of renewable energy sources in Ukraine are of critical importance for the sustainable development of the country's energy sector. The main components of these mechanisms are state support, investment incentives, regulatory reforms and infrastructure improvements. The implementation of government initiatives, such as green tariffs and tax incentives, is key to attracting investors and capital to renewable energy sources. In addition, the development of new regulations that reduce administrative barriers and increase the transparency of the sector is critical to creating a favorable investment environment. An important role is also played by the introduction of innovative technologies and increasing the efficiency of existing energy systems, and the development of infrastructure for the integration of renewable energy sources ensures the stability and reliability of electricity supply. Cooperation with international organizations and borrowing the best experience of other countries can significantly speed up the process of introducing renewable energy sources.