Global Challenges and Prospects for the Structural Development of Ukraine’s Electric Energy Industry

Abstract

One of the important problems of the economic development of Ukraine today is the low energy efficiency of social production with a high level of external energy dependence. The purpose of the study is to define modern global challenges, and, with account of them, to outline the prospects for the structural development of the electric energy industry in Ukraine. The current vision of the prospects for the energy development of the world economy is analyzed on the basis of the results of foresight forecasts, accomplished by the leading international institutions and energy companies. The content of the global energy transition and its main directions in the electric energy sector is analyzed. It is determined that along with the paradigm of the global energy transition, considerable attention is paid to the development of environmentally friendly generation methods, which primarily include electric energy generation based on renewable energy sources (RES). The aggregate of power generation technologies is divided into two types according to two common features of resources: 1 – power generation technologies, which are based on the process of converting organic and nuclear fuel into electric energy; 2 – power generation technologies, which are based on the processes of converting energy of inexhaustible and renewable energy sources (except biological) into electric energy. A methodology for calculating and comparing the resource characteristics of power generation technologies is developed; resource intensity is computed; the costs of electric energy production using power generation technologies are provided; a comparative comprehensive (technical-economic) assessment of the efficiency of technologies based on the use of the matrix method is presented. Based on the carried out analysis, an overall rating of the efficiency of power generation technologies is compiled. Technologies expedient for use in Ukraine have been identified. It is proved that the priority measures for the structural-technological modernization of the energy complex of Ukraine should be the implementation of development directions consistent with the provisions of the paradigm of the global energy transition, namely: the creation of a new generation power grid management system (smart grids); development of distributed energy.

Efficient electricity generation forecasting from solar power plants using technology: Integration, benefits and prospects

“…M.O. Kyzym et al (2022) conducted a study of global challenges and opportunities for the structural development of the electricity sector in Ukraine. The study identified the main trends in this area and suggested ways to optimise the development of the country's energy sector.…”

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“…M.O. Kyzym et al (2022) conducted a study of global challenges and opportunities for the structural development of the electricity sector in Ukraine. The study identified the main trends in this area and suggested ways to optimise the development of the country's energy sector.…”

Analysis of the dynamics of the development of alternative energy plants in terms of their connection to the power transmission networks

“…For example, the energy development strategy of Ukraine is reviewed in [4], the analysis of prospects for the development of renewable energy in Ukraine, the influence of military actions on the state of the industry, ways of development of RES in the post-war period, etc. are reflected in studies [5][6][7][8][9][10][11]. Also the analysis of using of renewable energy sources on the development of energy systems, using of "smart technologies"for renewable energy are shown in research [12][13][14][15][16][17][18].…”