Oleksandr Chernyak

Renewable Energy and Security for Ukraine : Challenge or Smart Way?

Nowadays, as most of the countries in the world pledged to the low-carbon future, global energy problems become more acute. One of the most promising ways to address the growing problems of energy supply widely considered by the international community is use of alternative energy source such as the renewable or „clean” energy. Renewable energy is highly praised for its wide availability and environmental friendliness and its decisive advantage over traditional energy is that it is not subjected to depletion like the fossil fuel resources and that it does not lead to the increasing pollution. Th e paper examines how renewable energy sources can be made useful in the case of Ukraine. Our analysis run along two dimensions: the EU and world’s global tendencies as well as the internal current situation. Our main focus is on whether the investing in renewable energy sources can be regarded as a country’s “smart” power policy and what the outcomes of turning to the renewable resources might be like over some time period in the future. On the base of statistical approach we came to the conclusions for Ukraine: 1) renewable energy sources (RES) production has a potential to replace oil, gas and coal sources, however the same could not be said about nuclear power; 2) the “green tariff ” indeed makes renewable energy projects more attractive for investments; 3) RES production opens new projects in industry thus the employment rate in industry can grow, but not such could be said about agriculture; 4) in analyzed years RES production had very low level of impact on the economic performance; 5) RES have positive eff ect on the environment in Ukraine in analyzed period; 5) RES consumption has a potential to boost positive eff ects of alternative energy resources, Received: October, 2015 1st Revision: December, 2015 Accepted: March, 2016 DOI: 10.14254/20718330.2016/9-1/7 Renewable energy and security for Ukraine: challenge or smart way? Kharlamova G., Nate S., Chernyak O. (2016), Renewable energy and security for Ukraine: challenge or smart way?, Journal of International Studies, Vol. 9, No 1, pp. 88-115. DOI: 10.14254/2071-8330.2016/9-1/7 Ganna Kharlamova, Silviu Nate, Oleksandr Chernyak Renewable energy and security for Ukraine: challenge or smart way? 89 more than even its production. Th at evokes the idea of necessity to implement policy and some actions to motivate namely private consumers and industry to increase the consumption of RES. Th en it could obviously drive the increase of RES production.

Energy Perspective 2030 for Ukraine in the Context of the EU Integration

Today there is no state that can be sure in its energy security. States and its citizens are constantly faced with new threats. The layout of the article is as follows: Section 10.1 describes the introduction to the problem, highlighting the scope and agenda of the energy security study. Section 10.2 describes the concept of the energy security for Ukraine, current trends, and calculative assessments available in the world and considers the position of Ukraine in the World Energy Council (WEC) index in details. Section 10.3s provides expert scenario forecasting of the balance of electricity in Ukraine up to 2030 with regard to world megatrends and EU integration of the state. Comparison assessment of the international risk index for energy security of EU states and Ukraine is presented. Section 10.4 provides the VAR modeling and impulse analysis of Ukraine’s energy security to resource shocks. Those are followed by short conclusion and discussion. Results of this paper have a few policy implications for the energy strategies of Ukraine and the EU. First of all, it is a high time to review the energy policy in the aspect of the energy security adequate assessment and forecasting. It is also necessary to improve the Ukrainian legislation in the field of energy efficiency, in particular regarding the use of renewable energy sources (RES) in Ukraine, according to optimistic scenario of the development.

Trends of International Energy Security Risk Index in European Countries

Abstract The paper deals with the analysis and forecasting of energy security risk index for eleven European countries (the United Kingdom, Denmark, Norway, France, Germany, Poland, Spain, Italy, Norway, the Netherlands, and Ukraine for the period 1992-2016). Nowadays, energy security plays an important role in guaranteeing the national, political and economic security of the country. A literature review of different approaches to defining energy security gave the possibility to consider the regression model of energy security risk index assessment, which takes into account the levels of economic, technical and technological, ecological, social and resource components. This step was proceeded with clusterization of the analysed countries in three groups according to Energy Security Risk Index. Based on this approach resource-mining countries (Denmark, Germany, Norway and the UK) were grouped in Cluster I, while Ukraine occupied the last Cluster III. The next division in five clusters supported the indicated allocation. Finally, we calculated the forecasts of energy security risk index based on data of 1992-2014. It allowed realizing the perspectives of energy market for the nearest future, particularly for Ukraine, which needs development of a new strategy of energy security