Bìznes Inform (Aug 2017)
The Organisational-Economic Support for the Innovation Development of Renewable Energy
Abstract
The article is aimed at forecasting and analyzing the organisational-economic support for the innovation development of renewable energy and its impact on the related economic sectors. An analysis of the independence of renewable energy from fluctuations in energy prices has been carried out, dynamics of the ratio of both the traditional and the renewable energy sources (RES) has been provided, which is determined by competition within the RES sector and is illustrated by the dynamics of cheapening of innovation technologies. The dynamics in reducing the wind and solar energy costs has been substantiated, and the ratio of the reduction of the EU RES subsidies has been analyzed. The expected positive effects of an active introduction of RES in our country have been identified. The substantiation of mechanisms for the allocation of subsidies to stimulate the innovation development of RES is of fundamental importance, and thus the most effective measures to implement these procedures have been presented. The policy of supporting renewable energies has been reflected, the emission of the life cycles of various technologies has been analyzed, the schemes for supporting renewable energies have been highlighted, and the prospects for direction of development of the non-traditional renewable energy sources in Ukraine have been determined.
