THE ECONOMIC EFFICIENCY OF INVESTMENTS IN RENEWABLE ENERGY

Abstract

This article examines the economic efficiency of investments in renewable energy, exploring the main aspects of financial resources allocation, stimulation of economic growth, environmental benefits, and the socio-economic implications of transitioning from fossil fuels to renewable energy sources. The analysis includes a detailed observation of international experience and the potential of renewable energy investments to foster sustainable development. Focusing on the long-term and short-term advantages, this article systematically explores the multifaceted impact of renewable energy investment on national economies.