The Heinrich Boell Foundation Regional Office in Ukraine initiated an ambitious study on the possibility of a maximum transition of Ukraine's energy sector to renewable energy sources by 2050. The State Organization "Institute for Economics and Forecasting” of the National Academy of Sciences of Ukraine, which is the main partner in this work, has carried out modeling of three scenarios for the development of the energy sector. The research was carried out using well-known economic and mathematical models (TIMES-Ukraine model and Computable General Equilibrium Model of Ukraine), which are used on a permanent basis by the Institute.
The study “Transition of Ukraine to the Renewable Energy by 2050” was carried out in 2016-2017 in cooperation with civil society organizations, public authorities, specialized in renewables business associations and independent experts. This study presents results of modeling of the reference and alternative scenarios for the development of Ukraine’s energy sector by 2050 and demonstrates how the transition from fossil fuels to renewable energy can be achieved and what economic impacts it will have.
Authors of the report:
Dr. Oleksandr Diachuk1, PhD in Engineering, Leading Research Officer, Lead of the authors' group (introduction, sections: 1.3, 2.2, 2.4-2.6, 3, 4.1, 5,7);
Dr. Maksym Chepeliev2, PhD in Economics (sections: 2.1, 6);
Dr. Roman Podolets1, PhD in Economics, Leading Research Officer (sections: 2.1, 2.3, 4.2);
Dr. Galyna Trypolska1, PhD in Economics, Senior Research Officer (sections: 1.2, 3.3, 4.1, 4.4);
Dr. Vitalii Venger1, PhD in Economics, Leading Research Officer (section 4.3);
Tetiana Saprykina1, Junior Research Officer (sections: 3.1, 3.2);
Roman Yukhymets1, Research Officer (section 1.1).
1State organization “Institute for Economics and Forecasting” of the National Academy of Sciences of Ukraine
2Purdue University, USA
Edited by: Yuliia Oharenko, coordinator of the project “Scenarios for Ukraine’s Energy Sector Development by 2050”, and Oksana Aliieva, coordinator of the Climate Change and Energy Policy Program, Heinrich Boell Foundation Regional Office in Ukraine.