Economic Basis of Forming and Implementation of the Biofuel Production Potential in Ukraine

Abstract

It is shown that economic growth is impossible without a balanced innovative development of the main sectors of the national economy, the introduction of energy-saving technologies for the production of competitive products. Methodological research basis is the dialectic method of knowledge, the system approach to studying the initial methodological preconditions of forming and implementation of the biofuel production potential in Ukraine, the fundamental positions of economic theory and the groundwork of scientists. In its process, methods such as theoretical generalization, system analysis, synthesis, balanced calculations, computation, and constructive were applied. The economic base of forming and implementing the potential of biofuel production in Ukraine is systematized. The trends of the energy intensity of the gross domestic product in Ukraine and in certain regions of the world are investigated. The cause-effect relationships of the high energy intensity of Ukraine’s GDP and the low energy efficiency are determined. On the basis of energy balances, the dynamics of the production of biofuels and energy-intensive wastes are analyzed. The theoretical, technical, and economic potentials of biomass suitable for the production of biofuels are determined. The structure and dynamics of the biofuel production potentials are analyzed, the investment support of the implementation of the energy potential of biomass in Ukraine is shown. Must be taken substantiated measures for effective development of the biofuel production potential in Ukraine.