The Development of the Market of the Renewable Energy in Ukraine

Abstract

One of the priorities of energy in the world is the use of the renewable energy sources. This paper examines the status and prospects of Ukraine’s energy market through the diversification of energy resources. The world experience in implementing the renewable energy sources of the main energy market participants has been revealed. The characteristics of the current state and prospects of the renewable energy in the world and in the European Union have been given. The state of energy usage in final gross energy consumption volume in Ukraine considering main areas has been analyzed and projections till 2020 have been made. The necessity of reducing the total primary energy consumption through the introduction of renewable energy sources has been shown. The existing resource potential for the implementation of energy efficiency and energy saving has been characterized. The document “REmap 2030” which made assessment and showed the projections for production capacity of the renewable energy in Ukraine until 2030 has been created. Active state regulation of the renewable energy in Ukraine is in progress. There exists the program “green tariff” that provides the acceleration of the renewable electricity. A system of measures to develop renewable energy for the period until 2020 has been adopted, which is reflected in the National Action Plan. There are examples of the work of the Ukrainian companies engaged in the production of the alternative energy sources to meet their own needs, as well as its sale to consumers in Ukraine and abroad. It is noted that the use of the renewable energy is an undeniable factor for the improving energy security and reducing the negative impact of energy on the environment. The prognostic potentiality and obstacles of the alternative energy sources production in Ukraine have been stated and possible solutions have been suggested.