energy policy

This article examines the investment tools within the renewable energy sector in Ukraine. As the world struggles with climate change, the transition to sustainable energy sources has become a global goal. Ukraine, in its pursuit of a greener and more environmentally responsible future, has seen the growth of its renewable energy sector. However, this growth has met challenges, demanding the development of strategic solutions.

The article deals with the experience of creating strategic reserves (stockpiles) of oil,
petroleum products and natural gas as a key instrument in ensuring energy security in the
event of a supply crisis and a factor to remain economy functioning in Central European States –
Czech Republic, Slovakia, Poland and Hungary. All these states have common feature – they
are highly dependent on import of oil and gas, most of them have approximately 100 % import
dependency almost from one source – Russian Federation. As result, they are extremely

The article considers a notion of energy diplomacy and peculiarities of its conduction, defines primary tasks for development of energy diplomacy in the foreign policy of Ukraine. With the help of historical, systemic, and structural functional methods, it is revealed that interstate collaboration in the form of energy diplomacy pursues the national interest of a state through applying a wide range of classical and specific foreign policy actions, and creates additional means of counteracting global contemporary challenges connected with the energy sector.