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Economy, finances, management: topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 4 (54)

Published: 2020.12.21
DOI: 10.37128/2411-4413


Description:
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

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CURRENT TRENDS AND PROSPECTS ROR THE DEVELOPMENT OF RENEWABLE ENERGY IN TERMS OF COVID - 19

DOI: DOI: 10.37128/2411-4413-2020-4-6
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KOLESNIK Tatyana Candidate of Economic Sciences, Associate Professor of the Department of Administrative Management and Alternative Energy Sources, Vinnytsia National Agrarian University (21008, Vinnytsya, 3, Soniachna Str., e-mail: sergej.kolesnik@gmail.com).

Annotation

Crisis related to distribution of COVID-19 requires significant state involvement in the response, which includes the definition of strategies formation and direct intervention in to the socio-economic processes. Governments of countries are addressing the development of stimulus and recovery packages strategies what have a goal to form in the future necessary potential for society and economy on the whole. In given environment, stable assets are needed, including an inclusive energy system capable of supporting energy development in accordance with the United Nations Sustainable Development Program and the 2016 Paris Agreement, this requires further research of the prospects for innovative development of renewable energy sector in the crisis of COVID-19 in the transition from the use of fossil fuels to the use of renewable energy sources.

Global forecasts from the International Renewable Energy Agency, the International Energy Agency, and the US Energy Information Administration have suggested ways to transform the global energy system. China's hybrid energy market is showing an increase in wind and solar energy production. Reduced costs in the United States have stimulated an increase in renewable energy capacity. In Ukraine, the important role of alternative energy can be identified in the stabilization of Ukraine's agro-industrial complex.

In the article reviews current trends and conditions in the development of the energy sector in the transition from the use of fossil fuels to the use of renewable sources in China, United States and Ukraine in terms of forecasting generation and justification of investment directions. A number of technical challenges and problematic aspects of management in the renewable energy sector in Ukraine are highlighted. Long-term goals are proposed for all stakeholders of the energy system in the transition from the use of traditional fuel to the use of biopropellant. The conceptual principles and prospects of scientific research in the formation of the National Renewable Energy Development Plan until 2030 are also outlined.

Keywords: refurbishable energy, global system, world crisis, economic development, COVID - 19, state stimulation.

List of references

1.                Honcharuk, I.V. (2020). Enerhetychna nezalezhnist yak suspilno-ekonomichne yavysche [Energy independence as a socio-economic phenomenon]. Economy and state, 8, 71-77 [in Ukrainian].

2.                Enerhetychna stratehiia Ukrainy na period do 2035 roku [Energy Strategy of Ukraine for the period up to 2035]. (2017). mpe.kmu.gov.ua. Retrieved from http://mpe.kmu.gov.ua/minugol/control/uk/publish/article?art_id=245239564&cat_id=245239555 [in Ukrainian].

3.                Zvit pro stan realizatsii Enerhetychnoi stratehii Ukrainy na period do 2035 roku «Bezpeka, enerhoefektyvnist, konkurentospromozhnist» za 2019 rik [Report on the state of implementation of the Energy Strategy of Ukraine for the period up to 2035 "Security, energy efficiency, competitiveness" for 2019]. (2019). mpe.kmu.gov.ua. Retrieved from http://mpe.kmu.gov.ua/minugol/doccatalog/document?id=245472866 [in Ukrainian].

4.                Kaletnik, G.M. (2019). Perspektyvy pidvyschennia enerhetychnoi avtonomii pidpryiemstv APK v ramkakh vykonannia enerhetychnoi stratehii Ukrainy [Prospects for increasing the energy autonomy of agricultural enterprises in the framework of the energy strategy of Ukraine]. Bulletin of Agrarian Science of the Black Sea Coast, 4, 90-98 [in Ukrainian].

5.                Kaletnik, G.M. (2013). Biopalyvo: prodovolcha, enerhetychna ta ekolohichna bezpeka Ukrainy [Biofuels: food, energy and environmental security of Ukraine]. Bioenergy, 2, 12-14 [in Ukrainian].

6.                Kaletnik, G.M. (2013). Rozvytok rynku biopalyv v Ukraini [Development of the biofuels market in Ukraine]. Bioenergy, 1, 11-16 [in Ukrainian].

7.                Lutsyak, V.V., & Tomashuk, I.V. (2019). Ekolohichnyi menedzhment potentsialu Vinnytskoi oblasti [Environmental potential management of Vinnytsia region]. Economy, finances, management: Topical issues of science and practical activity, 1 (41), 33-47 [in Ukrainian].

8.                Anders, H. (2020). Current direction for renewable energy in China. Oxford Institute for Energy Studies.

9.                US EIAO EA, USDE. (2020). Annual Energy Outlook 2020 with projections to 2050. U.S. Washington, DC: Energy Information Administration Office of Energy Analysis, U.S. Department of Energy.

10.           IRENA. (2020). Global Energy Transformation: A roadmap to 2050. Abu Dhabi: International Renewable Energy Agency.

11.           Frankfurt School-UNEP Centre/BNEF. (2020). Global Trends in Renewable Energy Investment. Frankfurt School-UNEP Centre/BNEF.

12.           IEA. (2020). India 2020 Energy Policy Review. International Energy Agency.

13.           Kaletnik, G., Lutsiak, V., Melnichuk, O., Dovhan, Y., & Malicki, M. (2019). Organizational basis of the development of innovative functional food products by the Ukrainian enterprises of deep walnut processing. Ukrainian Food Journal, 8(1), 169-180.

14.           Kaletnik, G., Pryshliak, V., & Pryshliak, N. (2019). Public Policy and Biofuels: Energy, Environment and Food Trilemma. Journal of Environmental Management & Tourism, 2(24), 479-487.

15.           Kulyk, M., Kalynychenko, O., Pryshliak, N., & Pryshliak, V. (2020). Efficiency of Using Biomass from Energy Crops for Sustainable Bioenergy Development. Journal of Environmental Management and Tourism, 5, 1040-1053.

16.           Deloitte Development.(2020). Midyear 2020 renewable energy industry outlook. Deloitte Development LLC.

17.           Pryshliak, N., & Tokarchuk, D. (2020). Socio-economic and environmental benefits of biofuel production development from agricultural waste in Ukraine. Environmental & Socio-economic Studies, 1, 18-27.

18.           REN21. (2020). Renewables 2020 Global Status Report. Paris: REN21 Secretariat.

19.           IRENA, IEA, & REN21. (2018). Renewable Energy Policies in a Time of Transition. IRENA, IEA and REN21.

20.           IRENA. (2020). The post-COVID recovery: An agenda for resilience, development and equality. Abu Dhabi: International Renewable Energy Agency.

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About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128
All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.
 
The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.
 
The journal’s objectives are:
 • publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;
• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;
• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;
• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;
• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;
• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;
• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;
• integration of scientific research results into the international scientific space and increasing the level of scientific communication.
Frequency of issue: 4 times a year.
Language of publication: Ukrainian, English.
Editor-in-ChiefInna Honcharuk
State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.
Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413
Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413
The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)
History of journal:

History of the journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).