Abstract

The purpose of this study is to define indicators areas of efficient use of resources in a circular economy, aimed at solving energy and environmental problems, as well as to develop theoretical and practical recommendations for their formation. This study defines the conceptual foundations of the circular economy, defines the methodological approach to energy efficiency in terms of alternative energy sources, and develops a theoretical and practical approach to balancing employment in the labour market in a circular economy. As a result of the conducted research using the principles of the circular economy, the category of efficient use of resources in the field of energy efficiency is defined. The scientific novelty lies in the use of a systematic approach to the study of economic phenomena, which revealed the consideration of the interconnection of all elements, as well as the study of individual economic objects as structural parts. The role of each part in the general functioning of the circular economy and its impact on individual elements are defined. The methodology of the study is revealed using methods of comparison, the concept of systems, and statistical approaches.

Highlights

  • The energy challenge is one of the greatest challenges humanity is facing today

  • The purpose of this study is to identify the areas of efficient use of resources in a circular economy for solving energy and environmental problems, as well as the development of theoretical and practical recommendations for their formation

  • The authors believe that the circular economy is a model of an economy in which closed loops are created, alternative to the linear economy, in which resources are in a constant circular motion in the production and consumption system to optimize the use of primary resources and reduce waste at each stage

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Summary

Introduction

The energy challenge is one of the greatest challenges humanity is facing today. Rising energy prices and growing dependence on imported energy threaten our security and competitiveness. Key decisions need to be made to reduce emissions and combat climate change. The entire dependence of the population on oil and natural gas will grow. One of the most important recent environmental issues is the energy transition. One solution to help accelerate this transition is the circular economy. The whole world has become acutely aware of the environmental problems, especially global warming, climate change, air pollution, freshwater, sea and ocean waters, loss of ecological diversity, shortage of some natural resources,etc. It is important to search for new solutions, alternatives in the field of renewable energy using innovative technologies

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