ANALYSIS OF THE ATTRACTIVENESS OF RENEWABLE ENERGY IN CERTAIN COUNTRIES

Abstract

The increasing importance of crises, such as the crisis caused by russia's invasion of Ukraine, has a significant impact on the formulation of policies for energy development in this area and the use of renewable energy sources. This issue is especially relevant for states that depend on energy supplies from other countries or have transit flows of resources on their territory. This article aims to analyze the experience of individual countries concerning the development of renewable energy and determine future directions and practical recommendations for Ukraine's development of green energy. Subject of study. The subject of the study is the process of transformation of energy policy based on the use of alternative energy sources in different regions of the world. The methodological basis and information base of the research are legislative and regulatory documentation, current scientific and applied research, and statistical information. The article uses a number of methods, including analysis, synthesis, comparison and generalization. Socio-economic processes of renewable energy policy formation were studied in dynamics. A tabular format is used to compile the data to improve clarity. Also, the research was conducted in accordance with the features of the system approach and structural-functional analysis. The hypothesis of the study dealt with the possibility of using the experience of obtaining significant results in the development of renewable energy in certain parts of the world to develop the appropriate policy in Ukraine. Presenting main material. Groups of countries with the existing potential of solar, wind and hydrogen energy, and a separate group of countries that, due to climatic conditions and economic opportunities, can implement several types of alternative energy, are highlighted. In terms of the beginning of military activities and the destruction of a significant part of the energy infrastructure, Ukraine has to assist in the development of alternative energy sources such as wind, water and solar power. The originality and practical significance of the study is due to the analysis of the development processes of renewable energy, taking into account the characteristics of different countries. Research conducted and practical recommendations developed provide an opportunity to contribute to the formulation of policy for development of the Ukrainian economy during this period of crisis and post-crisis. Conclusions. Among the studied world leaders in the implementation of renewable energy, groups of countries with the existing potential of solar, wind and hydrogen energy, and a group of countries that, due to climatic conditions and economic opportunities, can implement several types of alternative energy should be singled out.