Issue |
E3S Web Conf.
Volume 307, 2021
International Interdisciplinary Scientific Conference “Digitalisation and Sustainability for Development Management: Economic, Social, and Ecological Aspects” 2021
|
|
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Article Number | 05001 | |
Number of page(s) | 12 | |
Section | Energy Management and Sustainable Economic Development | |
DOI | https://doi.org/10.1051/e3sconf/202130705001 | |
Published online | 22 September 2021 |
Sustainable Energy and RES Implementation in Russia
1 Financial University under the Government of the Russian Federation, Economics Department, 125993 Moscow, Leningradsky Prospekt 49, Russian Federation
2 Financial University under the Government of the Russian Federation, Faculty of International economic relations, 125993 Moscow, Leningradsky Prospekt 49, Russian Federation
3 The London Academy of Science and Business, 120 Baker Street, London, W1U 6TU, United Kingdom
* Corresponding author: drorlova@fa.ru
Nowadays, the world is undergoing the fourth energy transition process. The global climate agenda, decarbonization tendencies and the necessity to reduce CO2 emissions in order to meet the Paris Climate Agreement criteria are the dominant motives of the sustainable energy development. This article is devoted to analysing the implementation of renewable energy sources in Russian energy sector. The prospect aims are to identify the strengths, to assess the prospects for energy transition, to reveal key issues related to emerging industry and present recommendations on how to address them. It was found out that the implementation of RES is of high potential, especially in certain Russian regions. The key problems that hinder the RES development include low awareness, weak development policy, specific weather conditions, the lack of cutting-edge technologies etc. In this regard, it was suggested to strengthen the regulation within the climate policy, increase investments in green projects and stocks, accelerate the technological development and take other measures to support the emerging industry, along with general awareness-raising in the renewable energy sector.
© The Authors, published by EDP Sciences, 2021
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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