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Liburkina L. M.

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Development of Alternative (Clean) Energy Sources: The EU Experience
Domashenko M. D., Shkola V. Y., Troyan M. Y., Domashenko V. S.

Domashenko, Maryna D. et al. (2021) “Development of Alternative (Clean) Energy Sources: The EU Experience.” Business Inform 4:48–53.
https://doi.org/10.32983/2222-4459-2021-4-48-53

Section: Foreign Experience

Article is written in Ukrainian
Downloads/views: 10

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UDC 338.43.02:620.9

Abstract:
The article is concerned with studying the European experience in the development of alternative (clean) energy sources, identifying problems and prospects for the production and consumption. The publication considers the advantages for countries from the use of new generation of energy carriers, including: independence from the countries – suppliers of traditional energy; ensuring ecological production and consumption; environmental protection and minimization of risk to the climate, human health, biodiversity, etc. The article provides the EU regulatory documents, namely: Directive 2018/2001/EC on alternative energy sources as part of the «Clean Energy for All Europeans» package and National Energy and Climate Plans (NECP) for 2021-2030, which set out the mechanism for fulfilling new goals for 2030 as to alternative energy sources. The new directive establishes a mandatory goal for alternative energy sources for the EU for 2030 (not less than 32%), provides for measures for various sectors of the economy, as well as transport, and strengthened criteria for ensuring the sustainability of bioenergy. The transition of the EU to the use of biofuels is explained by the course of sustainable development of European countries in the sphere of energy and ecology, the status of the economy and the general ecological policy of the countries. The division into generations of biofuels is provided as follows: the first generation, or conventional fuel, is fuel from ordinary food crops grown on arable land; the second generation is biofuels made from various types of biomass; the third generation is made exclusively of algae; the fourth generation of biomass involves the use of biochemical methods for carbon capture. It is determined that the production of biofuels can give impetus to the revival of the national agrarian economy, improving the environment, enhancing the ecological safety of the country, as well as promoting the development of the country’s logistics infrastructure.

Keywords: alternative energy sources, clean energy, biofuels, energy efficiency, European experience.

Bibl.: 12.

Domashenko Maryna D. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economic Relations, Sumy State University (2 Mykoly Sumtsova Str., Sumy, 40007, Ukraine)
Email: [email protected]
Shkola Viktoriia Yu. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economic Relations, Sumy State University (2 Mykoly Sumtsova Str., Sumy, 40007, Ukraine)
Email: [email protected]
Troyan Maria Yu. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economic Relations, Sumy State University (2 Mykoly Sumtsova Str., Sumy, 40007, Ukraine)
Email: [email protected]
Domashenko Valeria S. – Student, Sumy State University (2 Mykoly Sumtsova Str., Sumy, 40007, Ukraine)
Email: [email protected]

List of references in article

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Kolomyichenko, M. V. “Dorozhnia karta z rozvytku rynku tverdoho biopalyva Ukrainy“ [Road Map for the Development of the Solid Biofuel Market of Ukraine]. Kyiv, 2016. http://bioenergy.in.ua/media/filer_public/b4/bd/b4bda440-5ab8-4c64-943aa094da7a757f/dorozhnia_karta_z_rozvitku_rinku_tverdogo_biopaliva_ukrayini.pdf
Sotnyk, I. et al. “Prospects of Investment in Green Energy Projects in Ukrainian Households“. Ekonomika i rehion, no. 2 (2019): 12-21. DOI: 10.26906/еір.2019.2(73).1621
Kurbatova, T., and Skibina, T. “Renewable energy in the European Union: support policy and outcomes“. Fundamental and Applied Researches in Practice of Leading Scientific Schools, vol. 31, no. 1 (2019): 113-117. DOI: https://doi.org/10.33531/farplss.2019.1.23
Donastorg, A., Renukappa, S., and Suresh, S. “Financing Renewable Energy Projects in Developing Countries: A Critical Review“. IOP Conf. Series: Earth and Environmental Science (Rome, Italy, 18-20 July), vol. 83 (2017), art. 012012. DOI: 10.1088/1755-1315/83/1/012012
Deng, Y., and Guo, W. “A Review of Investment, Financing and Policies Support Mechanisms for Renewable Energy Development“. Proceedings of the Tenth International Conference on Management Science and Engineering Management. Ser.: Advances in Intelligent Systems and Computing. Singapore: Springer, 2017. 981-995. DOI:10.1007/978-981-10-1837-4_82

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