A Review of the Monograph by T. Pimonenko, O. Lyulyov, N. Letunovska "Circular and Carbon-Free Economy: The Roadmap for Harmonizing National and European Standards for Energy Market"

Abstract

Circular and carbon-neutral economic development are the topical areas of implementing the climate strategy in many countries. According to these concepts, the main basis for economic development is the growth of the renewable energy share in the structure of energy consumption. The fact that Ukraine has announced that in the future its evolution will be determined by the European integration vector of development means that a prerequisite for the transition to the next steps of development is the synchronization of the national energy policy in accordance with the strategic guidelines of the European region. To develop an effective roadmap for harmonising Ukrainian and European standards of energy market regulation, it is advisable to analyse the experience of implementing energy efficiency practices in the policies of other countries in the European region. The authors forecast the structure of energy production from renewable sources, based on empirical calculations. The development and implementation of modernized mechanisms for regulating the energy market in European countries is a prerequisite for the successful adaptation of the Ukrainian energy sector and the introduction of effective approaches to the management of local businesses and all industries that depend on energy resources.