Abstract

Today, the humanity is bearing witness of significant changes in world energy. Scientific progress causes the transformation of energetical and industrial equipment, as well as the increase of efficiency and decrease of negative effect on the environment. In the recent years, the world energetically relied on the fossil fuels; however, the use of renewable energy is getting wider. In the near future, it may become the main source of energy; for example, in USA, in 2017, the use of renewable energy has surpassed the use of nuclear one for the first time. The specialization of many organizations, such as a research institute of REN21 or statistics agency EIA is the state of renewable energy sources. Also, works of Jeremy Rifkin were behind of any value in research on this theme. The use of renewable energy would allow decreasing the dependence and creating more clear and equal partnership between peoples. Renewable energy would also allow creating a competitive environment for both providers and consumers of energy and horizontal relationships in the society. The main purpose of this article is to analyze the influence of renewable energy over the relationships in the society, the economics in Ukraine and all over the world. As per the research which has been performed, it may assume that the use of fossil fuels cause the growth of the power of the people and resources in possession of a narrow group of men which increases the level of vertical relationships between peoples. As per reports of IRENA, Ukraine does have the greatest potential of renewable sources of energy in Southeastern Europe. One can expect the socioeconomic growth and decrease of dependence of countries that own the significant resources of oil and gas – provided, there are improvements of current industry of renewable energy are made. That would be one of methods of performing the institutional changes in the economics of Ukraine.

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