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The implementation of a functioning scheme for the support of electricity production from renewable energy sources (RES-E) in Russia has suffered from considerable delays. This report aims to analyze the role of regions as alternative drivers of RE policy in Russia. In particular, it examines...
Persistent link: https://www.econbiz.de/10012248612
Most existing support schemes aim to stimulate the deployment of renewable energy sources in the electricity sector on the basis of the electricity output (MWh) of renewable energy installations. Support is anchored in the electricity commodity market. In contrast to this established approach,...
Persistent link: https://www.econbiz.de/10014159969
The North-West of Russia is characterized by a large renewable energy resource base in geographic proximity to the EU. At the same time, EU Member States are bound by mandatory renewable energy targets which could prove to be costly to achieve in the current budgetary context and which often...
Persistent link: https://www.econbiz.de/10014159970
Russia is not only rich in natural gas, oil, coal and uranium. It also holds a considerable renewable energy resource base. The Federal Electricity Law mandates the federal Government to stimulate the development of renewable energy sources. However, so far, the Government has failed to create a...
Persistent link: https://www.econbiz.de/10013035503
Electricity supply in remote areas of the Russian territory is heavily dependent on diesel sources. Diesel generation imposes an important economic and social burden on the local population, besides the environmental impact of greenhouse gas emissions, black carbon and oil spills. Switching to...
Persistent link: https://www.econbiz.de/10012989093
To protect end-consumers from the financial impact of renewable energy subsidies, it is common for governments to radically change the level of support initially promised to investors. In reaction, investors can sue states before international arbitration tribunals. Based on a detailed analysis...
Persistent link: https://www.econbiz.de/10012862211
Following the liberalization and privatization of the electricity market, Russia is now reforming the heating sector. Similarly to the electricity market restructuring, the trigger for the heat reform is the necessity to attract investments in the modernization of this sector. The existing...
Persistent link: https://www.econbiz.de/10014169322
Russia has a huge potential for the development of renewable energy sources. Given the necessity to modernize the economy and stimulate innovation, the exploitation of this potential is increasingly recognized as a political priority. Replacing traditional fossil energy sources with renewable...
Persistent link: https://www.econbiz.de/10014188142