ROLE OF RENEWABLE ENERGY SOURCES IN IMPLEMENTATION OF THE GLOBAL SCENARIO TO ACHIEVE ZERO GREENHOUSE GAS EMISSIONS BY 2050

Abstract

The aim of the work is to develop recommendations for Ukraine to meet the goal of achieving climate neutrality by 2060. The global scenario of net zero greenhouse gas emissions by 2050 developed by the International Energy Agency is presented; the role of renewable energy sources in the implementation of the scenario is considered. According to this scenario, two thirds of the world’s total primary energy supply in 2050 will be provided by wind, solar, biomass, geothermal and hydropower. Electricity will account for almost half of the total energy consumption in 2050, play a key role in all sectors, and make a significant contribution to the production of low-carbon fuels, including hydrogen. At the same time, about 90% of electricity in 2050 will come from renewable energy sources. Recommendations have been developed for Ukraine on the development of the use of renewable energy sources and the fulfillment of the goal to achieve climate neutrality by 2060. In particular, it is recommended to approve as soon as possible an Integrated National Energy and Climate Plan for 2021-2030, which is in line with European approaches to an interrelated view of energy and climate. It is also recommended to fully implement the tasks related to the implementation of strategic goals in the energy sector defined in the National Economic Strategy until 2030. Such actions guarantee effective decarbonization of Ukraine’s energy sector and make a significant contribution to achieving climate neutrality by 2060.