Economic policy of Eastern European countries in the field of energy in the context of global challenges

BACKGROUND AND OBJECTIVES: The crisis in the energy sector of Eastern European countries determines the search for alternative ways to solve the above problem, one of which is the development of economic policy in the field of energy in the context of European integration. The purpose of the article...

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Main Authors: S. Bogachov, A. Kirizleyeva, O. Mandroshchenko, S. Shahoian, Y. Vlasenko
Format: Article
Language:English
Published: GJESM Publisher 2022-10-01
Series:Global Journal of Environmental Science and Management
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Online Access:https://www.gjesm.net/article_244462_78c6c14c1306021c5b3bc34cfced7254.pdf
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author S. Bogachov
A. Kirizleyeva
O. Mandroshchenko
S. Shahoian
Y. Vlasenko
author_facet S. Bogachov
A. Kirizleyeva
O. Mandroshchenko
S. Shahoian
Y. Vlasenko
author_sort S. Bogachov
collection DOAJ
description BACKGROUND AND OBJECTIVES: The crisis in the energy sector of Eastern European countries determines the search for alternative ways to solve the above problem, one of which is the development of economic policy in the field of energy in the context of European integration. The purpose of the article is to develop conceptual, theoretical-methodological and methodical-practical foundations of economic policy in the field of energy.METHODS: The methodological basis of the paper is a set of techniques, principles, general theoretical, special, interdisciplinary methods of scientific study. The method of metric ranking is used in assessing the levels of energy security in countries with high energy use. Based on the method of system equations, a functional system of critical infrastructure of the country is built.FINDING: A model of compatibility of energy infrastructure with other components of critical infrastructure (institutional and technological) was developed in order to ensure uninterrupted interaction between all key elements of critical infrastructure of the country and increase the level of energy, economic and national security of the country. Based on the content analysis of the legislation of the countries, it has been proven that in the system of critical infrastructure the energy sector is a key factor of national security. The calculated indicators of the level of energy efficiency of the energy system of Ukraine until 2035 based on the use of blockchain technology proved that the level of energy intensity of Gross domestic product should be reduced by more than half (53.57 %).CONCLUSION: As a conclusion, the developed model of the system of management of distribution of energy resources in the country using blockchain technology will contribute to decentralization of energy transactions, generation and supply of energy based on renewable and traditional sources, will allow to solve the problem of significant distance between renewable energy sources and industrial centers (its main consumers).
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spelling doaj-art-ee92529dfce847a0b542d2cc0f3434412025-02-02T11:30:32ZengGJESM PublisherGlobal Journal of Environmental Science and Management2383-35722383-38662022-10-018111610.22034/GJESM.2022.01.01244462Economic policy of Eastern European countries in the field of energy in the context of global challengesS. Bogachov0A. Kirizleyeva1O. Mandroshchenko2S. Shahoian3Y. Vlasenko4Financial University under the Government of the Russian Federation, Moscow, Russian FederationInstitute for Local and Regional Development, UkraineFinancial University under the Government of the Russian Federation, Moscow, Russian FederationNational Technical University, Dnepro Polytechnic, UkraineKyiv National Economic University named after Vadym Hetman, UkraineBACKGROUND AND OBJECTIVES: The crisis in the energy sector of Eastern European countries determines the search for alternative ways to solve the above problem, one of which is the development of economic policy in the field of energy in the context of European integration. The purpose of the article is to develop conceptual, theoretical-methodological and methodical-practical foundations of economic policy in the field of energy.METHODS: The methodological basis of the paper is a set of techniques, principles, general theoretical, special, interdisciplinary methods of scientific study. The method of metric ranking is used in assessing the levels of energy security in countries with high energy use. Based on the method of system equations, a functional system of critical infrastructure of the country is built.FINDING: A model of compatibility of energy infrastructure with other components of critical infrastructure (institutional and technological) was developed in order to ensure uninterrupted interaction between all key elements of critical infrastructure of the country and increase the level of energy, economic and national security of the country. Based on the content analysis of the legislation of the countries, it has been proven that in the system of critical infrastructure the energy sector is a key factor of national security. The calculated indicators of the level of energy efficiency of the energy system of Ukraine until 2035 based on the use of blockchain technology proved that the level of energy intensity of Gross domestic product should be reduced by more than half (53.57 %).CONCLUSION: As a conclusion, the developed model of the system of management of distribution of energy resources in the country using blockchain technology will contribute to decentralization of energy transactions, generation and supply of energy based on renewable and traditional sources, will allow to solve the problem of significant distance between renewable energy sources and industrial centers (its main consumers).https://www.gjesm.net/article_244462_78c6c14c1306021c5b3bc34cfced7254.pdfblockchain technologyenergy securityinnovative virtual power plantsmart gridstakeholder
spellingShingle S. Bogachov
A. Kirizleyeva
O. Mandroshchenko
S. Shahoian
Y. Vlasenko
Economic policy of Eastern European countries in the field of energy in the context of global challenges
Global Journal of Environmental Science and Management
blockchain technology
energy security
innovative virtual power plant
smart grid
stakeholder
title Economic policy of Eastern European countries in the field of energy in the context of global challenges
title_full Economic policy of Eastern European countries in the field of energy in the context of global challenges
title_fullStr Economic policy of Eastern European countries in the field of energy in the context of global challenges
title_full_unstemmed Economic policy of Eastern European countries in the field of energy in the context of global challenges
title_short Economic policy of Eastern European countries in the field of energy in the context of global challenges
title_sort economic policy of eastern european countries in the field of energy in the context of global challenges
topic blockchain technology
energy security
innovative virtual power plant
smart grid
stakeholder
url https://www.gjesm.net/article_244462_78c6c14c1306021c5b3bc34cfced7254.pdf
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