The current state and prerequisites for the development of renewable energy in Ukraine

Abstract

With Ukraine's growing energy dependence on Russian energy supplies and the steady rise in energy prices, the country's burgeoning emerging economy suffers significant losses, leading to a decline in production and a slowdown in socio-economic development. Therefore, the issue of reducing energy dependency through the formation of an effective energy conservation program and the development of alternative energy in Ukraine should be considered as strategically important, which need urgent solution.