Green Investments in Renewable Energy Projects in the Context of Post-War Development

Purpose. To substantiate green investments in renewable energy projects in the context of post-war development. Methodology. Diverse methods and approaches were employed in the process of completing the stated objectives of the presented paper. For instance, the abstract and logical method was used to clearly define the goals and objectives of the study. The analytical and monographic approach was implemented to analyze literary sources, legislative and regulatory acts related to the operation of energy projects. Results. The article examines the major aspects and issues of the functioning of renewable energy projects in Ukraine. Particular attention is placed on the possibility for Ukraine to reduce overall transition period costs or even lead to net economic profits owing to three factors. Reduction of the country's dependence on fossil fuel imports and improvement of energy security. Mitigating the consequences has aided in limiting the adverse effects of the carbon emission limits adjustment mechanism. A considerable reduction in the use of fossil fuels will lead to improved air quality and a corresponding reduction in mortality and morbidity. The correlation dependence of life expectancy indicators in various countries on the share of alternative energy sources in the country’s energy balance is investigated in the article. It is determined that in the short term, all of the above-mentioned points present important results that will contribute to improving the quality of life in Ukraine. It is proven that the implementation of strategic planning in the development of specific elements of the Energy Strategy of Ukraine will allow for the effective introduction of the imperatives of the post-war development. It is emphasized that numerous uncertainties underlie the future of the Ukrainian energy sector, including the cost of capital, global energy prices, technology costs and availability, as well as rate of economic growth and future economic structure. Scientific novelty. The recommendations are provided with regard to increasing «green» investments in renewable energy projects in the context of post-war development. The practical significance. The recommendations provided in this article can be applied to the development of certain constituent elements of the Energy Strategy of Ukraine and for the purpose of creating conditions for sustainable development of Ukraine