ІNFLUENCE OF PHYSICAL ECONOMY ON ENERGY SECURITY

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published: May 31, 2023

  Orysia Vasylyna

Abstract

The article examines the main scientific-theoretical and methodological approaches to solving the problem of complex analysis of the state of energy security at the national level. It is found that the situation is influenced by three main aspects: critical dependence on energy imports, the existence of excessive transit capacities, and the energy intensity of the gross domestic product. One of the most serious threats to Ukraine's energy security is its significant dependence on energy imports, which brings with it the risks of economic and political influence from other countries and dependence on global market conditions. Russia's full-scale invasion of Ukraine has caused "the first truly global energy crisis," according to a report by the International Energy Agency, which operates within the framework of the Organisation for Economic Co-operation and Development. There is a tendency to gradually neutralise threats to energy security by reducing natural gas imports and diversifying supplies. The opinion that constant monitoring of energy security threats is necessary to protect Ukraine's national interests is well-founded and is the basis for ensuring energy security. Practical implications. It was noted that in recent years, scientists have focused more attention and efforts on overcoming the energy crisis through the use of alternative energy sources, and that real energy security can only be achieved by increasing investment in domestic renewable energy sources. The purpose of the article is to determine the nature and content of energy security as a functional component of economic security, to identify the main challenges and threats to Ukraine's energy supply. Results. According to the author, the use of the ideas of the Ukrainian school of physical economy is of great importance in addressing the above issues. Thus, the author's vision of energy security, as well as a social model of Ukrainian society that will not only save it from economic and environmental disasters, but also lead to sustainable development and prosperity. Methodology. The research used comparative and structural-functional research methods. The comparative method was used to compare similar problems and ways of solving them, which made it possible to see the specifics of the researchers' searches. The use of the structural-functional method helps to outline the structural components in the search system of a particular model and their functional interpretation. A comprehensive approach to the study of energy security was also applied, an economic and statistical analysis of Ukraine's ability to meet energy needs, a comparative analysis of the main conceptual scientific views of S. Podolinskyi, V. Vernadskyi and M. Rudenko were carried out.

How to Cite

Vasylyna, O. (2023). ІNFLUENCE OF PHYSICAL ECONOMY ON ENERGY SECURITY. Economics & Education, 8(1), 68-71. https://doi.org/10.30525/2500-946X/2023-1-9
Article views: 51 | PDF Downloads: 100

##plugins.themes.bootstrap3.article.details##

Keywords

energy security, economic security, state, threats, physical economy

References

Vorobjova, L. B. (2018). Ideas of Physical Economy and Problems of their Practical Application. E-source: https://ir.kneu.edu.ua/bitstream/handle/2010/34809/2_20-5636.pdf?sequence=1&isAllowed=y

Zlupko, S. M. (1999). The Scientific Heritage of S. Podolynskyi and the Development of Economic and Environmental Science in the 20th Century. Proceedings. Volume 15. Economics, pp. 3–8.

Nakonechnyi, R., Korchynskyi, I., Vasilyeva, O., Vasylyna, O., Didych, I., Kopytko, A., & Mysak, N. (2013). Philosophical, Ideological аnd Economic Foundations of the Ukrainian School of Physical Economy. Study guide. Lviv: LNAU, 215 p.

Podolynskyi, S. A. (1880). Human Labour and its Relationship to Energy Distribution. Word. No. 4. Р. 135–211.

Fortov, V., Makarov, A., & Mitrova, T. (2007). Global Energy Security: Problems and Solutions. Journal of the National Academy of Sciences of Ukraine. No. 8.