Strategic Priorities for the Development of the Energy Sector of Ukraine's Economy in the Context of Post-War Recovery
Trofymenko O. O., Boyarynova K. O., Roshchyna N. V.

Trofymenko, Olena O., Boyarynova, Kateryna O., and Roshchyna, Nadiia V. (2024) “Strategic Priorities for the Development of the Energy Sector of Ukraine's Economy in the Context of Post-War Recovery.” The Problems of Economy 4:124–133.
https://doi.org/10.32983/2222-0712-2024-4-124-133

Section: Economics and national economy management

UDC 330.3:330.341.1

Abstract:
The article examines the problems and prospects of the energy sector in Ukraine in the context of war and post-war recovery. The aim of the article is to identify strategic priorities for the development of the energy sector of the national economy to ensure post-war recovery, taking into account the potential of the energy sector of Ukraine and global trends in energy development of the economy. Some indicators of the energy sector of Ukraine are analysed. The geographical structure of electricity imports is presented. The dynamics of Ukraine electricity exports and imports is analysed. The prerequisites for the development of renewable energy, in particular, the need for decarbonisation of the economy, are identified. The dynamics of primary energy consumption and consumption of primary energy from renewable sources and biofuels in Ukraine from 2013 to 2023 are analysed. The prospects for increasing the share of renewable energy sources (RES) in the overall structure of final energy consumption in accordance with the strategic guidelines of national energy development are identified. The losses from damage caused by Russian attacks on the electric power industry capacities, in particular: electricity distribution and transmission systems, nuclear power plants, thermal power plants, thermal power plants, large hydroelectric power plants and pumped storage power plants, are identified. The article presents global programmes and strategies for the development of the energy sector in the long term and identifies their key characteristics and directions. Based on the analysis of the potential of the energy sector development to meet the needs of the economy, global trends and initiatives, the strategic priorities for the development of the energy sector of Ukraine's economy to meet the needs of post-war recovery are identified, in particular: decarbonization of the economy, expansion of the use of renewable energy sources, development of carbon capture and storage, development of energy storage and smart grids, modernization and reconstruction of energy facilities, introduction of intelligent technologies.

Keywords: energy sector of the economy, decarbonisation, renewable energy sources, sustainable development, sustainable energy, global initiatives

Fig.: 7. Tabl.: 1. Bibl.: 26.

Trofymenko Olena O. – Doctor of Sciences (Economics), Professor, Professor, Department of Economic Cybernetics, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: o.o.trofymenko@gmail.com
Boyarynova Kateryna O. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Economic Cybernetics, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: k.boiarynova@kpi.ua
Roshchyna Nadiia V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economic Cybernetics, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: 2203883@ukr.net

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