TAX INCENTIVES FOR INNOVATION IN THE ENERGY SECTOR

Abstract

The article considers the current issues of stimulating innovation in the energy sector and rational use of energy
resources. A three-level system of problem-oriented management of human resources for stimulating innovation
in the energy sector is proposed. The system considers the impact of the human factor on innovative
development at the national, regional and enterprise levels. Also, the need to encourage enterprises to hire
highly qualified specialists in the sphere of energy saving and energy efficiency is proven. The role of the tax
policy in state regulation of the rational use of energy resources and stimulation of innovation in the energy
sector is substantiated. The tax incentives for the rational use of energy resources applied in the world practice
are grouped. Features of the application of tax incentives (accelerated depreciation, tax credits, tax holidays, and
tax reduction) for energy efficiency and energy saving of households and business entities are analyzed.
Directions for stimulating innovation in the energy sector for the efficient use of energy resources are offered.