Abstract

The work is devoted to the analysis of the current state and prospects of modernization of the fuel and energy complex and investments in renewable energy in order to achieve the Sustainable Development Goals in Ukraine, adaptation of an economic and mathematical model adequate to this process, allowing for rational distribution of investments, which in Ukraine plans to attract to development of the energy system and renewable energy as part of the implementation of the strategy “Vectors of Economic Development 2030”, the collection of potential sources of funds for the development and construction of thermal power plants using alternative fuels on the basis of existing heat supply enterprises in Ukraine. In the article it is recommended to use the add-in “Search for a solution” MS Excel for performing calculations according to the proposed deterministic model of a partially integer linear programming problem with boolean variables. As a result of the implementation of the proposed approach, moderate protection of the main producers (network operators) – heat supply utilities will be provided and market conditions for independent producers will be created, the operator will be encouraged to increase the efficiency of its own production.

Highlights

  • Energy today is the largest industry in the world and an industry that is experiencing an unprecedented breakthrough in our era, when there is an exponential explosive growth in renewable energy

  • The use of modern information technologies and economic and mathematical models and methods that simultaneously take into account all economic and physical conditions and find the best option during the modernization of energy facilities in Ukraine can become one of the components of the formation of a support system for the implementation of the latest regulation systems to ensure the development of the energy sector of Ukraine in the context of a circular economy and waste management, will ensure that decisions are made in favor of energy supply systems that are most beneficial for ensuring energy consumption in terms of safety, reliability, quality of energy supply and provision of energy services that are affordable and attractive in terms of environmental impact

  • The main goal of this work is to analyze the current state and prospects of modernizing the fuel and energy complex and investments in renewable energy to achieve the Sustainable Development Goals in Ukraine, adapting an economic and mathematical model that is adequate to this process, allowing for a rational distribution of investments, as well as collecting potential sources of funds for development and construction of thermal power plants using alternative fuels on the basis of existing heat supply enterprises in Ukraine

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Summary

Introduction

Energy today is the largest industry in the world and an industry that is experiencing an unprecedented breakthrough in our era, when there is an exponential explosive (non-linear) growth in renewable energy. The share of alternative energy sources increased from 1% in the total production in 2015 to 4% (5.5 billion kWh) in 2019. Billion kWh. Electricity production, 157.7 100 154.8 100 155.4 100 total including. The share of alternative energy sources increased from 1% in the total production in 2015 to 4% (5.5 billion kWh) in 2019. billion kWh

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