Legal and economic aspects of Ukrainian enterprises activity at the European renewable energy market
Autor: | Olena Grinenko, Oleksandra Karmaza, Nicole Danylova, Daria Koucherets, Sergiy Bilotskiy |
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Rok vydání: | 2017 |
Předmět: |
Economics and Econometrics
Index (economics) Economic policy Strategy and Management Ukrainian comparative analyses Scopus energy consumption lcsh:Finance lcsh:HG1-9999 0502 economics and business Business and International Management economic expansion renewable energy sources Publication energy efficiency 050208 finance business.industry 05 social sciences Public relations language.human_language Renewable energy language Business 050203 business & management Finance |
Zdroj: | Investment Management & Financial Innovations, Vol 14, Iss 2, Pp 71-78 (2017) |
ISSN: | 1812-9358 1810-4967 |
DOI: | 10.21511/imfi.14(2).2017.07 |
Popis: | The article deals with a current trend of the global energy market, which is characterized by rising tension in relations between the performers of the energy market regulation mechanisms, and it leads to the emergence of alternative energy sources. The article is called to identify the causes of renewable energy markets nascence, to make comparative description of Ukrainian and European Renewable Energy Markets attractiveness, and to characterize the state policy change in a renewable energy market. Different interpretation of nature and classification of the field of renewable energy in foreign and Ukrainian approaches shows the problem of legal criteria of renewable energy markets regulation. It is proved the existence of double barrier penetration of the European market for renewable energy for Ukrainian companies, which includes compliance with the accepted EU Directives and compliance with the Rules of each member individually. The presence of clearly defined standards and certificates of quality for the European market allows producers to show the competitiveness of Ukrainian products in the international market and stimulate Ukrainian manufacturers. The presence of clearly formulated laws, stable and balanced political and legal environment of the EU allows Ukrainian producers of renewable energy to develop such a strategy that considers the time factor, as the primary parameter of competitiveness in international business. The market of solid biofuels in EU is under formation, its development timeframe and uncertainty of environmental risks becoming is especially important for Ukrainian producers. |
Databáze: | OpenAIRE |
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