E3S Web Conf.
Volume 255, 2021International Conference on Sustainable, Circular Management and Environmental Engineering (ISCMEE 2021)
|Number of page(s)
|03 May 2021
Decarbonisation of the economy through the introduction of innovative technologies into the energy sector
1 National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”, Department of International Economics, 37 Victory avenue, build. 1, 03056 Kyiv, Ukraine
2 National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”, Department of Theoretical and Applied Economics, 37 Victory avenue, build. 1, 03056 Kyiv, Ukraine
* Corresponding author: firstname.lastname@example.org
The article is devoted to topical issues of decarbonisation of the economy. The main purpose of the article is to study the relationship existing among key indicators of economic development, innovation in the energy sector and the amount of emissions, in particular, GDP per capita, Fossil CO2 per capita, Global Energy Innovation Index as a resulting indicator of the level of innovative technologies development in the energy sector as well as indicators of the development of renewable energy in different countries. The article also aims to identify ways of improving innovative development of the energy sector based on the study of measures taken by leading countries. The negative global trends in the direction of decarbonisation of the economy are found, for example, the growth rate of global investment in energy efficiency in 2019 compared to 2016 decreased by almost 6%, and the growth rate of investment in renewables fell by 0.7%. The main specific results of the analysis serve as a basis for establishing the ways of improving innovative development of the energy sector of the national economy with appropriate recommendations, taking into account successful world experience, which will accelerate the achievement of Sustainable Development Goals 7 and 12.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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