Analyzing the Innovation Activity in the Development of Solar Energy and Its Impact on the Energy Security of Ukraine

Abstract

The presented article analyzes innovative activity in the development of solar energy and its impact on the energy security of Ukraine. In particular, the innovative processes taking place in the global alternative energy sector and their impact on the management of the Ukrainian energy complex are researched. It is emphasized that innovations in the technological process of manufacturing polycrystalline silicon and increasing the volume of its production made it possible to exponentially reduce the cost of production of photocells from polycrystalline silicon (C-si). An evaluation of the current state of innovation activity and its management in the global alternative energy sector as a tool for ensuring Ukraine’s energy security, competitiveness and economic independence of the country is provided. The world total installed capacity of photovoltaic power plants is outlined with a forecast until 2025. The current legislation of Ukraine on alternative energy, energy conservation, efficient use of energy resources, development of renewable and alternative energy sources is analyzed. It is underlined that today the high self-cost of electricity production is a serious problem of the Ukrainian electric energy sector, so the current trend of reducing the cost of solar electricity production against the background of a constant increase in nominal prices is a positive signal for investors. The outlined statistics of increasing energy production from renewable sources indicate that the government sees its independence in the development of renewable energy sources, and companies developing solar energy are becoming competitive owing to the rapid reduction in the cost of electricity production compared to traditional types of energy, which is a promising direction of work in today’s conditions. The investment attractiveness of electricity production using silicon solar panels is emphasized

Keywords

• innovation activity
• management
• energy security
• solar energy
• renewable energy sources
• electric energy sector
• investments