Abstract
The object of research is the processes of formation and implementation of mechanisms for innovative development of the energy sector of the national economy in the context of the fourth industrial revolution. It was determined that at the global level, mechanisms for innovative development of industry and energy are formed in the New Industrial Strategy of the European Union (EU), the Paris Climate Agreement, and the fourth energy package of the EU. The challenges of Industry 4.0 necessitate the formation and adaptation of these mechanisms in individual countries to ensure the innovative development of the energy sector in different countries. In the course of the study, the scientific and applied foundations of ensuring the development of the energy sector at the state level have been analyzed. They also used a system-functional approach, methods of structural and functional analysis and functional synthesis, critical analysis of regulatory framework, goals and objectives in the energy sector of the national economy. As a result, a comprehensive mechanism for the implementation of the national innovation policy in the energy sector of the national economy at various levels of the social hierarchy has been proposed. In particular, 5 functional components of the innovative development of the energy sector of the national economy have been identified: 1) productivity of innovation; 2) effectiveness of innovation policy; 3) effectiveness of energy innovation; 4) investment support for innovative development of the energy sector; 5) development of human capital in terms of decarbonization of the economy. On the basis of these components, the main mechanisms have been formed, which make up a comprehensive mechanism for implementing the state policy of innovative development of the energy sector of the national economy, and each of these mechanisms has its own set of implementation tools: economic; motivational; organizational-technological and political-legal. This forms the basis for the implementation of its interfunctionality and ensures its functioning, based on the principle of multilevel (elements relate to the supranational, interstate, national, regional, local and sectoral levels) and is intended to enhance the socio-economic effects of Industry 4.0.
Highlights
IntroductionThe energy sector is undergoing a transformation at a global level. This is due to the new challenges and opportunities of Industry 4.0, as well as the needs for sustainable development
Today, the energy sector is undergoing a transformation at a global level
The development of innovations in the energy sector provides an opportunity to achieve the goals of the Paris Climate Agreement, within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) to regulate measures to reduce emissions of carbon dioxide
Summary
The energy sector is undergoing a transformation at a global level. This is due to the new challenges and opportunities of Industry 4.0, as well as the needs for sustainable development. The development of innovations in the energy sector provides an opportunity to achieve the goals of the Paris Climate Agreement, within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) to regulate measures to reduce emissions of carbon dioxide This requires the formation of an effective and efficient mechanism for implementing the policy of innovative development of the energy sector, taking into account the complexity and multifunctionality of the mechanism in order to increase the socio-economic effects of Industry 4.0, determines the relevance of this study. At the same time, taking into account the modern conditions of the formation of Industry 4.0 requires fundamentally new approaches and additions to the existing approaches to defining and building mechanisms in the chosen field of research This determined the object of research – the processes of formation and implementation of mechanisms for innovative development of the energy sector of the national economy in the context of the fourth industrial revolution. The aim of research is to substantiate a comprehensive mechanism for implementing the state policy of innovative development of the energy sector of the national economy
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