PRINCIPLES OF ORGANIZING INTERNATIONAL INVESTMENTS IN RENEWABLE ENERGY

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

🔬研究者:Provides a conceptual framework and classification for organizing international RE investments, useful for further research on risk-oriented models and blended finance.

🏢実務担当者:Offers practical tools like CfD, MIGA guarantees, and blended finance that can be adapted for renewable projects in high-risk markets.

🏛政策担当者:Presents an institutional framework model and policy recommendations for attracting renewable energy investment in post-war or high-risk settings.

Introduction. The relevance of this study arises from the need to attract international investment into renewable energy under conditions of global decarbonisation, energy instability, and the post-war transformation of Ukraine’s economy. Renewable energy sources are considered a key instrument for strengthening energy security, advancing economic modernisation, and fulfilling international climate commitments. At the same time, the absence of comprehensive scientific approaches to the organisation of international investment in a high-risk environment highlights the need for a systematic examination of this issue. Methods. The study employs an interdisciplinary approach combining methods of institutional analysis, comparative analysis, systems synthesis, legal examination of international treaties and national legislation, and the case method to explore successful investment mechanisms in the field of renewable energy (RE) in G7 countries, the EU, and Ukraine. The statistical foundation of the research is based on open data from IRENA, IEA, Eurostat, UkraineInvest, the Cabinet of Ministers of Ukraine, the EBRD, and the World Bank. Results. The article systematically outlines the concept of organizing international investments in RE as a complex system of legal, institutional, financial, and regulatory mechanisms. It analyses the current structure, dynamics, and geography of international RE investments in Ukraine, identifies major barriers (regulatory instability, war-related risks, institutional fragmentation), and provides a comparative assessment of investment incentive tools used in the EU and G7 countries (e.g., CfD auctions, tax incentives, MIGA guarantees, war risk insurance, green bonds). The study proposes an institutional framework model adapted to Ukrainian conditions, aimed at post-war reconstruction and fulfilment of international climate commitments. The novelty of the study lies in the conceptualization of the principles for organizing international RE investments as a distinct economic-legal category and the development of an original classification of its structural elements. The article also presents a comparative analysis of investment guarantee mechanisms, including arbitration, insurance coverage, and blended finance, under conditions of heightened risks and post-war transformation. Discussion. The results of the study can be used to shape national policies for attracting foreign investments in the energy sector, prepare legal and regulatory acts, harmonize Ukrainian legislation with the EU acquis communautaire, and develop regional sustainable development programs. The proposed approaches can also be adapted for countries with similar risk profiles. Further research should be directed towards the development of risk-oriented models for attracting international capital to renewable energy under conditions of post-war transformation, the quantitative assessment of the impact of military, institutional, and regulatory factors on the investment attractiveness of energy projects, as well as the analysis of the effectiveness of applying blended finance mechanisms, MIGA guarantees, and Contracts for Difference (CfD) within the national context. Keywords: renewable energy, international investments, institutional architecture, energy policy, legal guarantees, risk management, CfD auctions, blended finance, PPA, MIGA, war-related risks, green transition.

• openaire https://doi.org/10.36742/2410-0919-2025-3-13first seen 2026-05-14 21:54:11