Renewable energy sources

The solar power development will attract more investments than the coal, gas, and nuclear power production combined: the Frost & Sullivan Research Company presented its report on the “Global Power Industry Outlook 2017.” So far, no rapid development of solar power development can be seen in Russia, despite its huge potential in this sphere.

Representatives of the Russian energy business argue against reduction of state support to renewable energy sources.  Representatives of the Enel energy company established in the result of reforming RAO UES of Russia sent a letter to Vice Prime Minister Arkadiy Dvorkovich concerning the negative impact on the economy of the resolution on reduction of the RESs-generated power takeoff.

Technological changes in the sphere of power consumption and production can “release” from USD 900 billion to USD 1.6 trillion for the global economy by 2035. McKinsey Global Institute (MGI) has published a new report on how technologies change the world.

Discussion about the prospects of renewable energy sources was one of the brightest at the Gaidar Forum.  The Rosnano Head named RESs among the three major trends which should transform the Russian economy. 

“EnergyStrategyforRussiatill 2035” shouldfacilitateimport-independentand well-balanced energy model: Prime Minister Medvedev gave instructions regarding amendment to the document.  NGO representatives believe that low-carbon development with a priority to energy efficiency and renewable energy should become the major landmark for the new Energy Strategy. 

The combination of energy efficiency and the use of renewable energy sources will free the economic growth from CO2 emissions into the atmosphere, say the authors of the new World Energy Outlook 2016 report by the International Energy Agency.

The year 2016 has not become a game-changer for renewable energy in Russia, yet it did bring a few things that gave us the reason to be optimistic. Special means of support for RES were promised, several documents that lay the basis for providing subsidies and other incentives to RES were adopted, new facilities have been brought online in Russia’s regions. Now is the time for core changes in Russia’s energy development strategy, say environmental NGOs.

Every day one can hear the theme of renewable energy (RESs) at the negotiations in Marrakech. Two years of crashing prices for oil, natural gas, and coal triggered dramatic downsizing in those industries, while renewables have been thriving. Clean energy investments broke new records in 2015 and is now seeing twice as much global funding as fossil fuels.

In the days of the UN Climate Change Conference in Marrakech (СОР22), a “Clean Energy” conference took place in St. Petersburg. It was dedicated to the issues of energy and sustainable development, balance of business interests and preservation of natural resources.

Plans for the Paris Climate Agreement implementation remain the subject of controversies in the Russian business community. One part of entrepreneurs sees the low-carbon plans as a threat to the economy. Businessmen who don’t share this position, experts, and NGO representatives find such opinion quite archaic and put forward proposals for the Strategy of low-carbon development.

Страницы