Ambivalence to the process of decarbonization of enterprises energy

The article states that by joining The European Green Deal, the European Union's ambitious strategy to make the European continent climate-neutral by 2050, Ukraine has chosen the path of energy transition to achieve decarbonisation of the economy / energy and integration of Ukrainian energy sys...

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Main Authors: Alla Tkachenko, Sergey Levchenko
Format: Article
Language:English
Published: State Higher Educational Institution “Ukrainian State University of Chemical Technology” 2022-06-01
Series:Економічний вісник Державного вищого навчального закладу Український державний хіміко-технологічний університет
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Online Access:http://ek-visnik.dp.ua/wp-content/uploads/pdf/2022-1/Tkachenko_L.pdf
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Summary:The article states that by joining The European Green Deal, the European Union's ambitious strategy to make the European continent climate-neutral by 2050, Ukraine has chosen the path of energy transition to achieve decarbonisation of the economy / energy and integration of Ukrainian energy systems with European ones. Instead, the process of decarbonization is characterized by ambivalence, which creates new problems and requires an immediate search for solutions. It was emphasized that in order to ensure the achievement of the climate goals, the EU plans to introduce a mechanism for cross-border carbon regulation in the near future. It was stressed that for Ukraine such a mechanism could be an obstacle to the decarbonisation of the economy, as Ukraine currently remains one of the most carbon-intensive economies among the EU countries. It is substantiated that energy enterprises are generally recognized as the most vulnerable to СВAM, which is due to the high carbon content of marginal coal-generating capacities. According to the scenario approach, the expected consequences of the introduction of СВAM for Ukrainian electricity exports are analyzed. It was stressed that in the event of synchronization with ENTSO-E and consolidation of electricity markets, СВAM will de facto become a barrier to importing electricity of Ukrainian origin to the EU, but the possibility of its implementation by electricity producers with relatively zero emissions or low-emission generation will continue.Provided that if the UES of Ukraine is not synchronized with ENTSO-E and remains without the unification of the electricity markets of Ukraine and the EU, СВAM will de facto become a barrier to accessing electricity from Ukraine to the EU market and commercial exports will be stopped. In order to avoid the negative consequences of the introduction of СВAM and to alleviate the pressure of the decarbonization process on energy companies, it is proposed to take supranational and national measures to accelerate the process of decarbonization of the energy sector and, consequently, the transition to climate neutrality.
ISSN:2415-3974
2664-2670