Social and economic efficiency of development and use of alternative power energy

Yuriy Borovik,Yuriy Yelagin,Nikolay Kondratyuk,Vladimir Nakonechniy,Natalia Gritsenko,S Panchenko,V Dykan,G Vatulia

doi:10.1051/shsconf/20196706007

Abstract

Research has been performed on the state of development and trends for alternative energy sources. Advantages and disadvantages of renewable energy have been considered. Main types of the effects due to the implementation of renewable energy sources have been investigated. Main aspects of the actual effects upon society as a whole have been determined, in order to perform the objective assessment of the social efficiency of implementation of renewable energy sources. Methods to determine the social and economic efficiency of using the renewable energy sources have been suggested.

Highlights

The depletion of traditional energy sources, growing negative impact of power engineering upon environment, as well as the increased environmental requirements, significant fluctuations in energy prices, trends for increasing energy and economic security, political character of energy supply and another related factors caused the revision of the current state of the sector of power engineering and search for the opportunities to update and “reset” it
As per the total power generation amount in Ukraine, the share of renewable energy sources still remains insignificant (1,644 MW) and it slightly exceeds the amount of 1.2% of the total capacity of power generation
Further research work related to the state of development in the sectors of the alternative energy sources in Ukraine, the issue to overcome the energy dependence of our country and the study of the social and economic efficiency by means of creating a “pool” of alternative energy sources are the core subjects of development of the national economy

Summary

Introduction

The depletion of traditional energy sources, growing negative impact of power engineering upon environment, as well as the increased environmental requirements, significant fluctuations in energy prices, trends for increasing energy and economic security, political character of energy supply and another related factors caused the revision of the current state of the sector of power engineering and search for the opportunities to update and “reset” it. According to the data presented by the State Agency on Energy Efficiency of Ukraine, during the first six months of 2018, they installed the energy generating facilities for about 270 MW in electrical capacity, based upon the renewable energy sources (RES) according to the “green” tariff in Ukraine. This amount exceeds the double amount in the first halfyear period in 2017 (127 MW), and it overcomes the capacity of the installed facilities for the whole year 2017 (257 MW). Further research work related to the state of development in the sectors of the alternative energy sources in Ukraine, the issue to overcome the energy dependence of our country and the study of the social and economic efficiency by means of creating a “pool” of alternative energy sources are the core subjects of development of the national economy

Objectives

Findings

Conclusion