Using the world experience of state support to increase the innovative susceptibility of enterprises to the technologies of nontraditional renewable energy in Ukraine

Abstract

This research examines the world practice of state support for nontraditional renewable energy, organizational and economic aspects that hamper the development of this sphere, and the problems of innovation and investment in Ukraine. The purpose of this study is to assess the level of state support for business entities in Ukraine in terms of increasing innovation susceptibility to nontraditional renewable energy technologies. On the basis of advanced world experience, the classification of various forms of state support for technologies in this field is carried out. The scheme of the interrelation of forms of the state support for nontraditional renewed energy within the framework of the single mechanism is developed. Based on the analysis of the level of existing forms of state support in Ukraine, conclusions are drawn about the lack of an integrated approach. Objective and subjective problems in the way of implementing state support for nontraditional renewable energy are singled out and key barriers that hinder the development of this sphere in Ukraine are formulated. These studies can serve as a basis for the further formation of an effective energy policy within the framework of the state support mechanism in Ukraine.