RENEWABLE ENERGY AS AN ALTERNATIVE OF THE DECENTRALIZATION ENERGY SUPPLY IN UKRAINE

  • Skrypnyk Andrey Doctor in Economics, Professor, Ukraine, National University of Life and Environmental Sciences of Ukraine
  • Namiasenko Yuriy Ukraine, National University of Life and Environmental Sciences of Ukraine
  • Sabishchenko Oleksandr Poland, Wyższa Szkoła Biznesu w Dąbrowie Górniczej
Keywords: wind generation, feed-in tariff, network tariff, payback period, investment volume, renewable energy

Abstract

The scientific article considers the state of the energy sector of the Ukrainian economy and determines a high level of depreciation of equipment, as a result of which conclusions were drawn on the need for the speedy introduction of renewable energy, the main investor of this project is the business sector and the population of the country. An example we selected wind energy installation, for which the payback model equipment for the term of its operation. A key lever for the introduction of renewable energy is the ratio of feed-in and network tariffs, which should ensure the effectiveness of investment. In this model, the investor's income is calculated on the basis of the network tariff for own consumption and the feed-in tariff for the energy supply of the balances from consumption to the grid. It's proved that the development of renewable energy is important for the Ukrainian economy and business, both from the point of view of energy security, and the commissioning of new generating capacities, ensuring environmental compatibility, which, in particular, includes wind energy.

References

Cabinet of Ministers of Ukraine "On approval of the Energy Strategy of Ukraine till 2035" dated August 18, 2017. No.605. Available at: https://www.kmu.gov.ua/ua/npas/250250456 (accessed 19 April 2017)

Law of Ukraine "On the Electricity Market" (Vedomosti Verkhovnoy Rady), 2017, Vol. 27- 28, p.312). Available at: http://zakon3.rada.gov.ua/laws/show/2019-19/page (accessed 19 April 2017)

Battery lifetime for wind turbines. Available at: http://winder.ua/ru/produktsia-i-uslugi/akkumulyatory.html (accessed 3 January 2018)

British Petroleum, statistical review of world energy, 2016. Available at: http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html (accessed 16 March 2017)

E. ON, Annual Report 2016. Available at: https://www.eon.com/en/investor-relations/financial-publications/annual-report.html (accessed 16 March 2017)

Energy prices statistics. Available at: http://ec.europa.eu/eurostat/statistics-explained/index.php/Energy_price_statistics (accessed 19 April 2017)

Economics of wind energy report by the European wind energy association. Available at: http://www.ewea.org/fileadmin/files/library/publications/reports/Economics_of_Wind_Energy.pdf (accessed 7 August 2017)

Just R. E., Hueth D. L., Schmits A. The Welfare Economics of Public Policy/2004.-UK.- EEPI., 707 p.

Levelized Cost of Energy (LCOE) / U.S. Department of energy. Available at: https://energy.gov/sites/prod/files/2015/08/f25/LCOE.pdf (accessed 1 December 2017)

Maidment D. R. Handbook of Hidrology //NewYork.-1992.-Grow-FillInc.432 pp.

Muller, Richard A. "Chapter 1. Energy, Power, and Explosions". (2001–2002). Physics for Future Presidents, a textbook. ISBN 978-1426624599.

Pollutants and greenhouse gases emissions into the atmosphere from mobile sources. Available at: http://www.ukrstat.gov.ua/druk/publicat/Arhiv_u/07/Arch_vikid_bl.htm (accessed 19 December 2017)

Prices for alternative energy installations, 2016. Available at: https://www.google.com.ua/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0ahUKEwjsnoaj_9DYAhWLXCwKHV2DA1IQFggxMAI&url=http%3A%2F%2Fsolar-expo.com.ua%2Fdownload%2Fprices%2F59173dbb43b24953b97944f9&usg=AOvVaw38as3uBrwrupd0zGC-sa6t (accessed 3 January 2018)

Skrypnyk A, The energy sector of Ukraine's economy from the standpoint of public welfare / Kyiv, Monograph, 2017.

Skrypnyk A. V, Gerasimchuk N. A. Economic and financial risks, Journal of FGW, 2013, p. 368-371.

Views:

161

Downloads:

467

Published
2018-02-10
Citations
How to Cite
Skrypnyk Andrey, Namiasenko Yuriy, & Sabishchenko Oleksandr. (2018). RENEWABLE ENERGY AS AN ALTERNATIVE OF THE DECENTRALIZATION ENERGY SUPPLY IN UKRAINE. International Journal of Innovative Technologies in Economy, (1(13), 120-127. Retrieved from https://rsglobal.pl/index.php/ijite/article/view/632