Alternative Energy Construction in Ukraine: Analysis and Economic Feasibility

In modern terms, solving the problem of improving Ukraine’s energy security is considered through the possibility of using the alternative energy market potential, the prerequisite for effective regulation of which is to determine strategic priorities for its development, creating an appropriate institutional environment and regulatory framework.

The state and prospects of alternative energy development and direct construction of renewable energy generation facilities in Ukraine are analyzed. The structure of energy consumption according to the categories of energy consumers is studied. The logical sequence of direct and indirect impact of construction of renewable energy sources on the economic stability and security of the country is determined. It was analyzed the growth tendency of using non-traditional energy in context of the state, households and comparison of the energy security level in European countries.

One of the main ways to restore and further develop the country’s economy is its transition to using and generation of «green energy», as RES-related projects will be cost-effective and help attract investment.