E3S Web Conf.
Volume 124, 2019International Scientific and Technical Conference Smart Energy Systems 2019 (SES-2019)
|Number of page(s)||5|
|Section||Economics and Energy Management|
|Published online||25 October 2019|
The prevalence of renewable energy in the Russian energy market
Peter the Great St. Petersburg Polytechnic University, Saint-Petersburg, Russia
2 Kazan State Power Engineering University, Kazan, Russia
3 Belarussian National Technical University, Minsk, Republic of Belarus
* Corresponding author: email@example.com
The energy crisis of 1973-1974 showed that it is difficult to constantly increase the power supply of production, based only on traditional energy sources. The power supply of society is the basis of its scientific and technological progress. It means that it is necessary to introduce unconventional, alternative energy sources more widely. Unlike fossil fuels, unconventional forms of energy are not limited to geologically reserves. Their use and consumption does not lead to the inevitable exhaustion of stocks. However, currently, the reform of world energy markets and increasing the share of renewable energy sources in their structure is a long and innovative process. Lots of countries (Russia in particular) bear significant risks because of reforming their own energy market, which causes a slight increase in the share of renewable energy sources. In this regard, the purpose of this study is to analyse the influence of environmental factors on the development of renewable energy sources in Russia. The result of this study is a system of econometric equations, which allows to evaluate the impact of changes in key drivers of the development of the renewable energy market.
© The Authors, published by EDP Sciences, 2019
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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