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Development of Green Energy in Modern Transformational Conditions
Shkvarylyuk M. V.

Shkvarylyuk, Marta V. (2023) “Development of Green Energy in Modern Transformational Conditions.” Business Inform 12:151–158.
https://doi.org/10.32983/2222-4459-2023-12-151-158

Section: Ecology and Environmental Management

UDC 33.2964.338

Abstract:
The aim of the article is to form the scientific and theoretical basis for the introduction of green energy and systematize the scientific and practical foundations for ensuring energy security in the transition to the effective use of green energy technologies. According to the results of the carried out study, it is proved that energy is the basis for the development of human civilization, the most important factor in the production and maintenance of life in modern transformational conditions. It is the active development of the energy industry sector that provides resources for all energy and temperature processes of production, information and management activities and the dynamic functioning of the social sphere of society, as well as forms the main flows of world trade and integrates international relations. The energy industry is associated with significant challenges and threats that call into question its ability to continue to meet the basic criteria of sustainable energy supply, namely: sufficiency, affordability, efficiency, and ecology. The predictable maturation of the energy crisis in the modern world has a long-term and structural nature, which forms the financial, economic and environmental crises. Therefore, there is a need to search for alternative energy sources that will have a low level of negative impact on the environmental component of society development and simultaneously increase the socioeconomic level. The article specifies that green energy can be defined as a key element of the strategy for building an optimal configuration of a balanced system of correspondence between environmental and economic factors and the transition to sustainable development of society. It is determined that consideration of economic aspects and financial support, technical challenges, the role of government and public-private partnerships, as well as the impact on small and medium-sized enterprises provides a full range of information for understanding the ways of development of green energy in the economic and social contexts. Taking into account these aspects will allow us to build effective strategies for sustainable and balanced development of the green energy sector.

Keywords: green energy, ecology, strategy, energy security, technologies, financial support, risk.

Fig.: 5. Bibl.: 10.

Shkvarylyuk Marta V. – Postgraduate Student, Department of Finance, Accounting and Taxation, Ivano-Frankivsk National Technical University of Oil and Gas (15 Karpatska Str., Ivano-Frankіvsk, 76019, Ukraine)

List of references in article

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