The Development of Renewable Energy in the Context of Formation of Innovative Economy and Energy Independence As the Geopolitical Priorities of the State

Abstract

Due to the deepening imbalances in the development of world energy and the uneven distribution of traditional energy resources, countries are forced to apply innovative forms and methods of radical changes in the structure of energy consumption.The formation of energy independence is based on the use of the innovative potential of the economy and the introduction of renewable energy sources. The econometric analysis showed a high level of influence of energy consumption based on wind and solar energy, the share of energy supplies from renewable sources, imports of mineral fuel, oil and its distillation products, financing of innovative activities of industrial enterprises on the country's GDP in a multifactor model. The implementation of innovative restructuring of the energy sector will reduce the level of energy intensity of GDP, increase the share of energy derived from renewable energy sources and reduce the consumption of traditional energy resources, which will provide an appropriate level of energy independence. The assimilation of complex world-class innovations in the field of energy determine the criteria of energy efficiency, encourage the active implementation of such measures, through which it is possible to predict the results of further scientific and practical search.