An environmentally oriented economy and clean energy sources as the basis for sustainable progress and energy stability
Liudmyla Horbach 1 * , Serhiy Kyrylenko 2 , Vitaliy Zapukhlyak 2 , Oksana Yermolenko 3 , Myhaylo Grod 4
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1 Vyacheslav Lipinski Institute of Volyn, JSC “Interregional Academy of Personnel Management”, UKRAINE2 West Ukrainian National University, UKRAINE3 Simon Kuznets Kharkiv National University of Economics, UKRAINE4 National Academy of Statistics, Accounting and Audit, UKRAINE* Corresponding Author

Abstract

Amid increasing climate risks, growing geo-energy instability, and the urgent need for effective national strategies, the development of alternative renewable energy technologies is crucial for ensuring energy security at global, regional, and national levels. This study examines the role of the green economy and renewable energy as key drivers of sustainable development and energy stability in the context of global economic transformation. Using benchmarking, statistical and correlation analyses, and graphical visualization, the research highlights the strategic importance of renewable energy in achieving climate neutrality, sustainable development, and energy security. Benchmarking results indicate that successful energy transitions are strongly linked to institutional capacity, innovation environment, and investment, with a robust correlation between financing and production growth (R = 0.99). The study also identifies a shift from hydropower to solar and wind energy, reflecting technological breakthroughs and high adaptability. Integrating circular economy principles, digital technologies, and social inclusion, this synergy establishes a new energy paradigm—sustainable, flexible, and focused on human and ecosystem security.

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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Article Type: Research Article

EUR J SUSTAIN DEV RES, Volume 10, Issue 3, 2026, Article No: em0395

https://doi.org/10.29333/ejosdr/18317

Publication date: 01 Jul 2026

Online publication date: 05 Apr 2026

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Article Downloads: 6

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