DEVELOPMENT OF RENEWABLE ENERGY SOURCES IN UKRAINE: OPPORTUNITIES, BARRIERS AND PROSPECTS

The article is devoted to the study of the development of renewable energy sources in Ukraine, with an emphasis on the opportunities, barriers and prospects of this process. In the context of current energy security challenges, in particular due to the country's dependence on imported energy resources and the need to ensure stable energy supply in the context of global changes, renewable energy is becoming particularly important. Ukraine has significant potential for the development of energy sources such as solar, wind, hydropower, and biomass. Thanks to favorable natural conditions, including high levels of insolation and wind resources, Ukraine has the potential to build large-scale solar and wind power plants. However, in order to realize these opportunities, it is necessary to improve the legislative and regulatory framework, as well as to stimulate the development of investment attractiveness in the renewable energy sector. According to the data, the share of renewable energy sources in Ukraine's energy system in 2023 was 22%, which is a significant achievement, although this figure still lags behind the European average. However, the development of renewable energy faces challenges, in particular, due to the lack of effective market pricing mechanisms and technical difficulties. The article pays special attention to legislative initiatives that promote the development of renewable energy sources, in particular the "green tariff" and amendments to the laws of Ukraine in recent years. In particular, the Law of Ukraine "On Amendments to Certain Laws of Ukraine on Restoration and Green Transformation of the Energy System of Ukraine" is an important step in the market transformation of the sector, meeting European standards and creating conditions for sustainable development of renewable energy. These measures are expected to contribute to the country's energy independence and ensure compliance with international sustainable development goals, in particular, achieving carbon neutrality by 2060. The article emphasizes the importance of formulating state plans for the development of renewable energy sources, which will increase the share of energy from renewable sources to 27% by 2030 and ensure the long-term development of this sector in Ukraine.