DEVELOPMENT OF RENEWABLE ENERGY GENERATION IN RUSSIA: PROBLEMS AND PROSPECTS

The article is devoted to the analysis of the development of renewable energy sources (RES) in Russia in 2014-2023 in the regional aspect. Investing in high-cost and knowledge-intensive renewable energy requires an appropriate risk assessment. In our article, we sought to analyze the results of how the regions of Russia can reduce threats and strengthen opportunities for the development of non-traditional energy sources in the medium term. A regional analysis of capacity commissioning and electricity generation should identify regions with favorable natural and geographical conditions, as well as regions where efficient electricity generation is conditioned by developed market and institutional conditions. The analysis showed that renewable energy is developing in only half of the country's regions. Geographically, production is uneven, with the dominance of the South of Russia. In terms of the growth rate of energy production, the South of Russia and the Volga-Ural regions are significantly ahead of others. It is there that we should expect further success in the development of renewable energy sources. The final analysis, in accordance with the principle of comprehensive development of renewable energy, allowed us to conclude that its potential is higher where government bodias are ready to pay attention to the development of the market environment and themselves create institutional conditions for the successful development of renewable energy generation.

Authors

Institutions

Publication Details

Journal
Economics Profession Business
Published
2024-12-10
DOI
https://doi.org/10.14258/epb202454
Citations
2
Primary Topic
Global Energy Security and Policy
Type
article
Field-Weighted Citation Impact
1.18
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

DEVELOPMENT OF RENEWABLE ENERGY GENERATION IN RUSSIA: PROBLEMS AND PROSPECTS

A Vazim
2 citations
Economics Profession Business
Global Energy Security and Policy
1.18
article

DEVELOPMENT OF RENEWABLE ENERGY GENERATION IN RUSSIA: PROBLEMS AND PROSPECTS

A Vazim
article en
2 citations

Abstract

The article is devoted to the analysis of the development of renewable energy sources (RES) in Russia in 2014-2023 in the regional aspect. Investing in high-cost and knowledge-intensive renewable energy requires an appropriate risk assessment. In our article, we sought to analyze the results of how the regions of Russia can reduce threats and strengthen opportunities for the development of non-traditional energy sources in the medium term. A regional analysis of capacity commissioning and electricity generation should identify regions with favorable natural and geographical conditions, as well as regions where efficient electricity generation is conditioned by developed market and institutional conditions. The analysis showed that renewable energy is developing in only half of the country's regions. Geographically, production is uneven, with the dominance of the South of Russia. In terms of the growth rate of energy production, the South of Russia and the Volga-Ural regions are significantly ahead of others. It is there that we should expect further success in the development of renewable energy sources. The final analysis, in accordance with the principle of comprehensive development of renewable energy, allowed us to conclude that its potential is higher where government bodias are ready to pay attention to the development of the market environment and themselves create institutional conditions for the successful development of renewable energy generation.

Economics Profession Business(4)
Weatherford College (US)
Openalex Percentile: Top 14%
Global Energy Security and Policy
1.18
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.