Solar power plants in the domestic taxation system

Artyukh Oksana
Doctor of Economics, Professor of the Department of Accounting, Analysis and Audit, Odessa National Economic University, Odessa, E-mail:oksana_art_2017@ukr.net, ORCID ID: https://orcid.org/0000-0002-8845-8002

Poltavtsev Kostiantyn
student of the 41st group of the Faculty of Management, Accounting and Information Technologies, Odessa National Economic University, Odessa, E-mail:poltavtsev01@ukr.net, ORCID ID:

Cite this article:

Artyukh O., Poltavtsev K. (2023) Solar power plants in the domestic taxation system. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Soniachni elektrostantsii u systemi vitchyznianoho opodatkuvannia; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 3-4 (304-305), pp. 32-38.

Abstract

This article provides an in-depth analysis of the current state and conditions of use of solar power plants in Ukraine, as well as the subjects of green tariffs. The study describes the various types of solar power plants and the taxation of their owners. It highlights the problems that exist in the industry today, including the high costs of installation and maintenance of power plants, difficulties in ensuring the balance of the energy system, and the complex system of taxation that leads to a significant tax burden on the owners of solar power plants. The article also discusses the prospects for overcoming these problems by improving legislation, developing new technologies, and attracting investments in the renewable energy sector. The potential for solar energy in Ukraine is enormous, as the country has a favorable climate and abundant solar resources. However, the development of the solar power industry in Ukraine has been hindered by various factors, including inadequate regulatory support, lack of financing, and limited access to grid infrastructure. The article provides valuable insights for energy experts, businessmen, and investors planning to invest in renewable energy in Ukraine. It underscores the importance of investing in solar energy and the need to overcome the challenges faced by the industry. By investing in renewable energy, Ukraine can reduce its dependence on fossil fuels and contribute to global efforts to combat climate change. Moreover, renewable energy can help Ukraine meet its energy needs while promoting sustainable economic growth. In conclusion, this article provides a comprehensive overview of the current state and prospects of solar power in Ukraine. It highlights the challenges faced by the industry and provides recommendations for overcoming them. The article serves as a valuable resource for anyone interested in renewable energy in Ukraine and provides valuable insights into the opportunities and challenges of investing in solar energy in this country. Furthermore, the article emphasizes the importance of creating a supportive legal framework to encourage investment in renewable energy in Ukraine. It suggests that the government needs to offer incentives to attract private investment, improve access to financing, and develop infrastructure to facilitate the integration of renewable energy into the grid. By doing so, Ukraine can realize its potential as a major player in the global solar energy market, contributing to sustainable economic growth and environmental protection.

Keywords

energy, solar power plants, green energy, green tariffs, taxation, income, individuals and legal entities.

JEL classification: H210; DOI: 10.32680/2409-9260-2023-3-4-304-305-32-38

UD classification: 336.225.4

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