INDUSTRY 4.0 TECHNOLOGIES TO ENSURE ENERGY SAVING IN THE UTILITY SECTOR

Abstract

The study's significance is determined by the need to implement Industry 4.0 technologies in all sectors of the economy. The goal of this article is to define and systematize the directions for implementing Industry 4.0 tools in the utility sector, as well as develop methodological and theoretical recommendations for assessing the effectiveness of energy-saving technologies. The research methodology consists of factors impacting the comprehensive assessment of the effective energy-saving technologies while applying multi-criteria optimization principles, particularly the Pareto-optimal (efficient) solution. The methods of dialectics, analysis and synthesis, generalization, comparison and systematization were used in the research process. Results: emphasized the need of handling energy saving matters in the Ukrainian utility sector in context of escalating aggression from russia; described the major Industry 4.0 technologies that the utility sector's most important economic players are already using or can use. The results of the implementation and operation the state target economic program of energy efficiency as well as development of the Ukrainian energy production sector in 2017-2020 were analyzed. A list of indicators that are markers of effective implementation of energy-saving technologies in the utility sector is provided. The scientific novelty and theoretical significance of the obtained results: the research was conducted using a complete approach to the assessment of innovative energy-saving technologies due to the use of Industry 4.0 tools. This comprehensive approach included consideration of efficiency (environmental, technological, economic, and social). The suggested approach entails evaluating the effects of various factors on the overall effectiveness of the innovative energy-saving program, including the review of potential project risks and the examination of internal connections between these factors. The article's practical value concentrates in the formulation and demonstration of scientific and practical provisions concerning the complete assessment of the efficacy a new technologies implementation. Taking into account the complexity of the situation caused by the russian federation's military aggression and the high level of capital intensity of energy production and transmission processes, the proposed applied methodology allows to determine the directions and develop specific management solutions to increase energy efficiency and energy saving of the Ukrainian utility sector.