BUSINESS INFORM №7-2014

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Section: International Economic Relations
UDC 620.97:339.13
Busariev D. V.
Renewable Energy – an Important Area of the Structural Diversification of the World Energy Market (p. 32 - 39)
The purpose of this article is to conduct a study of the processes of diversification of the global energy market in the context of the formation of a model of renewable energy supply. In today's world the question of reformatting of the energy supply is raised not only as result of the shortage of energy resources due to their depletion or physical inaccessibility for some subjects of the global economy, but also as a result of the rapid increase in the pressure on the environment. Confirmation of the thesis of increasing share of renewable energy resources in the world is the analysis of these countries – the leaders of the world economy, which demonstrate the dynamic changes in the energy sector in favor of renewable energy. The article focuses on the analysis of the relationship between economic development model of the national economy and the share of renewable energy in the fuel and energy complex. Confirmation of the dynamics of the global energy market diversification is a significant enhancement in the last decade, the research activities of economic subjects related to the development of environmental technologies and mass commercialization. It is important to emphasize that the results achieved by the construction of the international community for renewable energy have become objective prerequisite of the global energy market diversification with an outline of its structure as an independent segment of renewable energy. As a result of the study analysis and study of private and public research institutions were analyzed and summarized, the key trends in the development of renewable energy were disclosed, the effectiveness of the measures of the state support was assessed and the scope of the research activities of subjects of national economies in the field of research and development was analyzed.
Keywords: world energy market, renewable energy, environmental innovation, low-hydrocarbon economy, energy balance, energy policy
Fig.: 2. Tabl.: 3. Bibl.: 16.

Busariev Dmytro V. – Junior Researcher, Department of fiscal policy, tax and customs payments, Academy of Financial Management (46/48 O. Honchara Str., Kyiv, 01034, Ukraine)
Email: busarevdv@gmail.com

Article is written in Ukrainan
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Reference to this article:
Busariev, Dmytro V. (2014) “Renewable Energy – an Important Area of the Structural Diversification of the World Energy Market.” Business Inform 7:32–39.

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