CURRENT TRENDS AND PROSPECTS ROR THE DEVELOPMENT OF RENEWABLE ENERGY IN TERMS OF COVID - 19
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: firstname.lastname@example.org).
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.
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