Ukraine’s cross-border energy security as a strategy for reducing energy dependence and developing renewable energy exports

The article considers the issue of cross-border energy security in Ukraine as a strategy for reducing dependence on energy imports and developing renewable energy. The theoretical foundations of cross-border energy security are studied; in particular, approaches to ensuring energy independence and integration into international energy markets are identified. The role of renewable energy in strengthening energy security is revealed, and the potential of renewable energy sources in diversifying the energy balance and reducing dependence on traditional energy sources is analysed. Special attention is paid to the development of prosumerism as a mechanism for increasing energy autonomy and sustainability of the energy system of Ukraine. The article aims to study the main issues of Ukraine’s cross-border energy security, determine its role in ensuring energy independence, and analyse strategic directions for the development of renewable energy to reduce dependence on imported energy resources. Based on the analysis of the world experience of cross-border energy cooperation, the main strategic directions for the development of Ukraine’s energy policy have been identified, including diversification of energy supply, introduction of innovative technologies, expansion of integration with European energy markets, and creation of conditions for attracting investments in renewable energy. The scientific novelty of the study lies in the comprehensive approach to assessing the cross-border energy security of Ukraine, considering modern geopolitical challenges and the potential of renewable energy sources. The strategic directions for developing Ukraine’s energy sector to reduce dependence on imported energy carriers and to form sustainable mechanisms in the energy sector have been systematized. The practical significance of the results obtained lies in the possibility of applying the developments to form a state policy in the field of energy security, developing instruments to support the development of renewable energy, and improving the mechanisms for the integration of Ukraine into the European energy space. The study’s findings may be helpful for government authorities, energy companies, investors, and the scientific community dealing with energy policy and sustainable development.

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Institutions

Publication Details

Journal
Economic sustainability and business practices
Published
2025-01-01
DOI
https://doi.org/10.21272/esbp.2025.1-02
Citations
1
Primary Topic
Global Energy Security and Policy
Type
article
Field-Weighted Citation Impact
1.79

Funders

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article

Ukraine’s cross-border energy security as a strategy for reducing energy dependence and developing renewable energy exports

Іnna Balahurovska, Rostyslav Bagriy
1 citations
Economic sustainability and business practices
Global Energy Security and Policy
1.79
article

Ukraine’s cross-border energy security as a strategy for reducing energy dependence and developing renewable energy exports

Іnna Balahurovska, Rostyslav Bagriy
article en
1 citations

Abstract

The article considers the issue of cross-border energy security in Ukraine as a strategy for reducing dependence on energy imports and developing renewable energy. The theoretical foundations of cross-border energy security are studied; in particular, approaches to ensuring energy independence and integration into international energy markets are identified. The role of renewable energy in strengthening energy security is revealed, and the potential of renewable energy sources in diversifying the energy balance and reducing dependence on traditional energy sources is analysed. Special attention is paid to the development of prosumerism as a mechanism for increasing energy autonomy and sustainability of the energy system of Ukraine. The article aims to study the main issues of Ukraine’s cross-border energy security, determine its role in ensuring energy independence, and analyse strategic directions for the development of renewable energy to reduce dependence on imported energy resources. Based on the analysis of the world experience of cross-border energy cooperation, the main strategic directions for the development of Ukraine’s energy policy have been identified, including diversification of energy supply, introduction of innovative technologies, expansion of integration with European energy markets, and creation of conditions for attracting investments in renewable energy. The scientific novelty of the study lies in the comprehensive approach to assessing the cross-border energy security of Ukraine, considering modern geopolitical challenges and the potential of renewable energy sources. The strategic directions for developing Ukraine’s energy sector to reduce dependence on imported energy carriers and to form sustainable mechanisms in the energy sector have been systematized. The practical significance of the results obtained lies in the possibility of applying the developments to form a state policy in the field of energy security, developing instruments to support the development of renewable energy, and improving the mechanisms for the integration of Ukraine into the European energy space. The study’s findings may be helpful for government authorities, energy companies, investors, and the scientific community dealing with energy policy and sustainable development.

Economic sustainability and business practicesVol. 2(1)
Sumy State University (UA)
Ministry of Education and Science of Ukraine
Openalex Percentile: Top 13%
Global Energy Security and Policy
1.79
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