LAPSE:2023.20430
Published Article
LAPSE:2023.20430
Investment and Innovation Activity of Renewable Energy Sources in the Electric Power Industry in the South-Eastern Region of Ukraine
Dariusz Sala, Iryna Bashynska, Olena Pavlova, Kostiantyn Pavlov, Nelia Chorna, Roman Chornyi
March 17, 2023
Abstract
Nowadays, the Ukrainian electricity industry is experiencing difficult conditions, as it is operating in a mode of depletion of its production potential. At the same time, the transition to sustainable and renewable energy is the necessary basis for the country’s welfare and for ensuring its energy security. Therefore, today we cannot do without the additional attraction of sources of funding from investors. The purpose of the survey is to study the pattern and effectiveness of investments and identify links and dependencies between key technical and economic parameters and investments in renewable energy sources. To achieve this goal, the authors divided the study into four successive stages, which made it possible to study the subject of the study comprehensively. As a result of the study, results have been obtained that complement the existing theoretical, methodological, and practical developments. Mathematical calculations (using the example of the largest wind power plants in the south-eastern region) revealed transparent relationships and dependencies between the critical technical and economic parameters of the WPP of South-Eastern Ukraine and investments in the wind energy sector. Among them: the installation of 1 MW of additional WPP generating capacity requires an average of EUR 1.51 million of investment resources, and the production of one additional kWh of electricity requires an investment EUR 0.42 euros; therefore, providing an additional thousand households with WPP electricity is possible with an investment of EUR 1.345 million.
Keywords
capital investments (KI), electric power industry, foreign direct investment (FDI), innovation activity, investments, renewable energy sources (RES)
Suggested Citation
Sala D, Bashynska I, Pavlova O, Pavlov K, Chorna N, Chornyi R. Investment and Innovation Activity of Renewable Energy Sources in the Electric Power Industry in the South-Eastern Region of Ukraine. (2023). LAPSE:2023.20430
Author Affiliations
Sala D: Department of Enterprise Management, AGH University of Science and Technology, 30-059 Krakow, Poland [ORCID]
Bashynska I: Department of Enterprise Management, AGH University of Science and Technology, 30-059 Krakow, Poland [ORCID]
Pavlova O: Department of Economics and Environmental Management, Lesya Ukrainka Volyn National University, 43025 Lutsk, Ukraine
Pavlov K: Department of Entrepreneurship and Marketing, Lesya Ukrainka Volyn National University, 43025 Lutsk, Ukraine [ORCID]
Chorna N: Department of Accountance and Economical-Law Agricultural Business Provision, West Ukrainian National University, 46009 Ternopil, Ukraine
Chornyi R: Novovolynsk Educational-Scientific Institute of Economics and Management, West Ukrainian National University, 46009 Ternopil, Ukraine
Journal Name
Energies
Volume
16
Issue
5
First Page
2363
Year
2023
Publication Date
2023-03-01
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en16052363, Publication Type: Journal Article
Record Map
Published Article

LAPSE:2023.20430
This Record
External Link

https://doi.org/10.3390/en16052363
Publisher Version
Download
Files
Mar 17, 2023
Main Article
License
CC BY 4.0
Meta
Record Statistics
Record Views
266
Version History
[v1] (Original Submission)
Mar 17, 2023
 
Verified by curator on
Mar 17, 2023
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2023.20430
 
Record Owner
Auto Uploader for LAPSE
Links to Related Works
Directly Related to This Work
Publisher Version
(0.11 seconds)

[0.11 s]