The proposed approach to quantitative assessment of the risk of investor’s profit in projects for the production of raw materials for bioethanol involves the implementation of eight stages. It systematically takes into account the stochastic nature of many factors that determine the amount of investments in the project, as well as the stochastic nature of the market value of raw materials. The use of the proposed approach makes it possible to obtain an accurate assessment of the level of risk of investors in projects for the production of raw materials for bioethanol, taking into account the requirements of investors. Based on the use of the developed application software, stochastic models of profit of investors in projects for the production of raw materials for wheat bioethanol and patterns of changes in their risk for the Western region of Ukraine are obtained. It is established that with the growth of the minimum expected profit of investors of projects from 10 to 70$/ton, the probability of its receipt varies from 0.89 to 0.34. According to a reasonable scale, the level of risk of making a profit by investors in projects for the production of raw materials for bioethanol from wheat varies from acceptable to high.
The paper discusses competitiveness of the agro-industrial sector, which is a multifaceted concept that characterizes its ability to compete in both domestic and foreign markets. Ukraine has significant opportunities to develop the agricultural sector and turn it into a highly efficient branch of economy. Favorable soil and climate conditions, and fertile land contribute to its further development, obtaining agricultural crops in volumes sufficient to meet domestic needs and build export potential. The production process of agricultural goods takes longer than in industry. Therefore, at the stage of determination of the production program of an agricultural enterprise, it is very difficult to respond on time to changes in consumer demand and increase the product competitiveness within the already established production schemes in the markets. Therefore, the purpose of our study is to evaluate the effectiveness of growing the studied crops in a typical farm in Central Ukraine and offer a roadmap for making management decisions when planning a production program. For this purpose, a method based on calculations of the gross margin, total expenses, production thresholds, profitability, and payback of production factors was chosen.
The main goal of this study was to provide a critical analysis of the oil and fat sub-complex for deep walnut processing, to determine and compare the profitability of enterprises’ activities under different business models for implementation in the agro-food value chain. The latter was considered as an important factor for the development of the domestic market of walnuts and export opportunities. Business modeling of the enterprise activity in the oil and fat sub-complex for deep walnut processing was carried out. The stages of production and marketing activities of the enterprise from the garden planting or the purchase of the processed raw materials to the sale of the processed raw materials and products obtained from walnut processing depending on the chosen business model were considered. A comparative analysis of profitability of the enterprise activity and absolute values of income and profitability indicators under various business models of the enterprise activity were shown. The most cost-effective business-model entailed the combination of walnut production and its processing, which will provide profitability of up to 4640.32% in the 20th year of the project implementation. The results of the given study are intended for the agricultural enterprises of central region of Ukraine.
Hydrogen production from biomass may become one of the leading areas of bioenergy in Ukraine soon.Currently, the main direction of biomass energy production in Ukraine is the production of thermal energy for distributed heat supply of enterprises and private households by burning biomass of wood and agricultural origin. Nowadays in Ukraine, there is a technology for the production of biohydrogen. We calculated the environmental and economic effects of hydrogen production as a source of energy. We have come up with the following conclusion that if there is a demand for the final product, hydrogen production will be attractive from economic standpoint and will not require a green tariff or other support from the government.The market price of biohydrogen will be $ 4-5 per kg and will be comparable to that which the European Union aims to achieve.We assume that hydrogen may be a cleaner source of energy for end users, especially in the transport sector in the future.One of the main issues of Ukraine's possible participation in Europe's hydrogen energy program as a supplier and producer of renewable hydrogen is the possibility of its technically safe and cost-effective transportation to EU countries.As the main hypothesis considered transportation of hydrogen using the gas transmission system of Ukraine as part of a mixture with natural gas. Calculations show that, of course, obtaining energy from hydrogen, even in mass production, will be more expensive than alternative traditional and non-traditional methods. The development of this technology, in any case, is promising in terms of the development of energy independence and environmental development of states. The effect of scale in mass production of hydrogen energy should also work, which will significantly reduce the cost of this technology.
An analysis of the state of affairs in the theory and practice of implementation of technologically integrated projects in various applied fields was carried out. The peculiarities of the implementation of the technologically integrated projects of the “European Green Deal” for the production of ecologically clean fuel from agricultural waste were analyzed. The expediency of developing a method of coordinating the configurations of technologically integrated “European Green Deal” projects for the production of ecologically clean energy from agricultural waste on the territory of a given region, taking into account their specific project environments, was substantiated. As a result of the conducted research, a method of coordinating configurations of the technologically integrated “European Green Deal” projects for the production of ecologically clean energy from agricultural waste in the territory of a given region, taking into account their specific project environment, was developed. This method involves the implementation of five stages, which ensure consideration of the specific design environment of each region and the type of agricultural raw materials for energy production. This method involves the modeling of individual projects, which makes it possible to increase the accuracy of determining their value indicators, taking into account risk. The balancing of the technologically integrated projects of the “European Green Deal” for the production of clean energy from agricultural waste was carried out on the basis of maximizing value for stakeholders and minimizing risk. On the basis of the proposed method, the computer program “Balancing technologically integrated projects” was developed. The use of this computer program for the given project environment (conditions of LLC “Lutsk Agrarian Company” of the Volyn region, Ukraine) made it possible to forecast the specific value and risk of individual projects involving harvesting raw materials from corn waste. The statistical characteristics of the distribution of the projected specific value of the project of harvesting raw materials from corn waste were established: the estimate of mathematical expectation—EUR 9/ton; dispersion—EUR 25/ton; the estimation of root mean square deviation—EUR 5/ton. The technologically integrated projects of the “European Green Deal” for the production of ecologically clean energy from corn waste with the greatest interconnections in terms of value were identified. The ranking of raw material procurement projects from corn waste was carried out according to their specific values and risks. Among the considered projects, priority was given to project #7 and project #1, which provided the greatest values, 37.6% and 36.6%, respectively, of the total value of the considered projects. The obtained results made it possible to establish priority projects and carry out their balancing by value and risk.
At the beginning of the third Millennium, humanity is forced to face a new surge of tensions and contradictions between different countries and peoples, between different parties and faiths, as well as the growth of environmental, economic and social problems both in different regions of the world and on a global scale. These phenomena are the result of the exhaustion of socio-economic forms of development of society within the existing natural resource and environmental conditions. An increasing number of people and states are experiencing an acute shortage not only in quality food, but also in quality water, clean air, energy, land, biological and other resources. After all, according to some scientists over the past hundred years, the consumption of natural resources by mankind has increased almost 100 times. For the first time in the history of mankind, resource and environmental crises have reached the biosphere borders and there is a danger to the existence of civilization. Humanity faces a global challenge, the correct solution of which will result on the lives of our descendants in the future. The common task for all is to preserve the biosphere as the habitat of mankind. Further increase of material and energy flows becomes impossible, as well as further satisfaction of the needs of new billions of people who will be added to the total population. Humanity is on the threshold of a new socio-economic formation, as neither a centrally managed economy nor a market economy has been able to solve the global environmental problems of our planet.
Over the last few years, hydrogen energy has shifted from a little-studied field to the main one with which leading western countries associate the prospects of their national economies. The reasons are the unprecedented pace of development of hydrogen technologies. It turned out that they are able to provide significant reductions in greenhouse gas emissions, and thus bring closer the solution to the problem of global climate change. The first and foremost purpose of our investigation is to reveal that our country has ample opportunities to become the main supplier of hydrogen to the EU market, overtaking North Africa in the competition. Using the methods, authors studied the targets of the European funds towards development of energy production from biohydrogen, studied the potential for the implementation of hydrogen projects, possibilities of financing them and a potential ability of Ukraine to form internal and external markets for hydrogen energy. One of the main issues of Ukraine's possible participation in Europe's hydrogen energy program as a supplier and producer of renewable hydrogen is the possibility of its technically safe and cost-effective transportation to EU countries. As a conclusion to the authors’ research, the path of the hydrogen industry development in Ukraine will help to receive additional investments in the Ukrainian economy for creation of new capacities for "green" hydrogen production. In return, Europe will receive research and evolution of the bioenergy component of the economy, which will permit the safe transition of Europeans to an affordable, competitive, and stable energy system.
Improving production efficiency, increasing gross and marketable output is inextricably linked to comprehensive intensification, that is, with the growth of additional investments in the development of agricultural production. The increase in capital investments is the basis for strengthening and improving the material and technical base, and for implementing scientific and technological progress. Increasing the intensity of agriculture and animal husbandry contributes to more efficient use of land and livestock, increasing crop yields and livestock productivity. The main link between crop production and animal husbandry is feed production. Creating a solid feed base is the most important condition for the development of animal husbandry. Its state and level of development determine the possibility of increasing the number of animals, increasing their productivity, improving the quality of products and reducing the cost of the latter. It is proved that the level of productivity of animals by 50-80% is determined by their feeding. Due to the importance of feed, it is necessary that their production is ahead of the pace of needs (growth of livestock and its productivity). When forming a feed base, it is important to take into account not only the total volume of feed that will ensure the production of a certain amount of products, but also their balance with nutrients. As a rule, feed, namely green feed, silage, haylage, is not a commodity product, that is, there are no permanent markets for them. These types of feed are grown by those farms that are engaged in animal husbandry and must create their own raw material base for obtaining the main feed.
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