Improving state support schemes for the sustainable development of renewable energy in Ukraine

Abstract

The world prefers to increase energy efficiency and use energy from renewable and alternative sources. Ukraine has chosen the same path. To form recommendations for improving state support schemes for the sustainable development of renewable energy, the authors conducted a thorough analysis of the state of renewable energy in Ukraine and its legislative support. The advantage of the study is the visual presentation of data. Thus, the authors presented and analyzed which energy sources Ukraine uses for its own needs, the essence of the Ukrainian energy balance and its state in 2019. The authors proposed and described the principles of improving state support for the sustainable development of renewable energy, which should be based on ensuring the balance of interests of the three main stakeholders of the renewable energy market: the state, energy consumers and investors.