Green energy projects in households and its financial support in Ukraine
The paper deals with the solar energy promotion in households in Ukraine. Despite the positive dynamics of solar power plants construction, today the share of electricity, generated on their basis, in the country’s electricity mix remains insignificant. The main reason for this is the need for essen...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2020-03-01
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| Series: | International Journal of Sustainable Energy |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/14786451.2019.1671389 |
| _version_ | 1827813108669743104 |
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| author | Sotnyk Iryna Kurbatova Tetiana Dashkin Vitalii Kovalenko Yevgen |
| author_facet | Sotnyk Iryna Kurbatova Tetiana Dashkin Vitalii Kovalenko Yevgen |
| author_sort | Sotnyk Iryna |
| collection | DOAJ |
| description | The paper deals with the solar energy promotion in households in Ukraine. Despite the positive dynamics of solar power plants construction, today the share of electricity, generated on their basis, in the country’s electricity mix remains insignificant. The main reason for this is the need for essential start-up investments. Since the economic efficiency of investment projects depends on installed capacity of plants, the structure and cost of the project financing sources; the paper focuses on estimation of financial sustainability of solar photovoltaic power plants construction under the credit programme ‘Eco-Energy’. The obtained results show the high profitability of own and credit resources’ investment in the considered projects that varies from 78.91% for the 10 kW solar power plants to 128.04% for the 30 kW ones. On this basis, policy recommendations for improving financing and other economic mechanisms to enhance renewable energy development in Ukrainian households have been developed. |
| first_indexed | 2024-03-11T23:28:02Z |
| format | Article |
| id | doaj.art-b46a5d71f0ef4736b34bd3eaab3626a6 |
| institution | Directory Open Access Journal |
| issn | 1478-6451 1478-646X |
| language | English |
| last_indexed | 2024-03-11T23:28:02Z |
| publishDate | 2020-03-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | International Journal of Sustainable Energy |
| spelling | doaj.art-b46a5d71f0ef4736b34bd3eaab3626a62023-09-20T10:33:46ZengTaylor & Francis GroupInternational Journal of Sustainable Energy1478-64511478-646X2020-03-0139321823910.1080/14786451.2019.16713891671389Green energy projects in households and its financial support in UkraineSotnyk Iryna0Kurbatova Tetiana1Dashkin Vitalii2Kovalenko Yevgen3Sumy State UniversitySumy State UniversitySumy State UniversitySumy State UniversityThe paper deals with the solar energy promotion in households in Ukraine. Despite the positive dynamics of solar power plants construction, today the share of electricity, generated on their basis, in the country’s electricity mix remains insignificant. The main reason for this is the need for essential start-up investments. Since the economic efficiency of investment projects depends on installed capacity of plants, the structure and cost of the project financing sources; the paper focuses on estimation of financial sustainability of solar photovoltaic power plants construction under the credit programme ‘Eco-Energy’. The obtained results show the high profitability of own and credit resources’ investment in the considered projects that varies from 78.91% for the 10 kW solar power plants to 128.04% for the 30 kW ones. On this basis, policy recommendations for improving financing and other economic mechanisms to enhance renewable energy development in Ukrainian households have been developed.http://dx.doi.org/10.1080/14786451.2019.1671389renewable energyhouseholdsolar photovoltaic power plantfinancial supportukrainefeed-in tariff |
| spellingShingle | Sotnyk Iryna Kurbatova Tetiana Dashkin Vitalii Kovalenko Yevgen Green energy projects in households and its financial support in Ukraine International Journal of Sustainable Energy renewable energy household solar photovoltaic power plant financial support ukraine feed-in tariff |
| title | Green energy projects in households and its financial support in Ukraine |
| title_full | Green energy projects in households and its financial support in Ukraine |
| title_fullStr | Green energy projects in households and its financial support in Ukraine |
| title_full_unstemmed | Green energy projects in households and its financial support in Ukraine |
| title_short | Green energy projects in households and its financial support in Ukraine |
| title_sort | green energy projects in households and its financial support in ukraine |
| topic | renewable energy household solar photovoltaic power plant financial support ukraine feed-in tariff |
| url | http://dx.doi.org/10.1080/14786451.2019.1671389 |
| work_keys_str_mv | AT sotnykiryna greenenergyprojectsinhouseholdsanditsfinancialsupportinukraine AT kurbatovatetiana greenenergyprojectsinhouseholdsanditsfinancialsupportinukraine AT dashkinvitalii greenenergyprojectsinhouseholdsanditsfinancialsupportinukraine AT kovalenkoyevgen greenenergyprojectsinhouseholdsanditsfinancialsupportinukraine |