Renewable energy sources

At the current pace of state program implementation, the energy intensity of the gross domestic product will decrease by no more than 21% by 2035, the Ministry of Economic Development presented the State Report on the state of energy conservation in the RF. Representatives of the Russian Social and Ecological Union believe that practical actions and financing are crucial for the improvement of energy efficiency.

The State Duma of the Russian Federation in the third reading adopted the Federal Law “On Amendments to the Law ‘On the Electric Power’ concerning the development of micro generation.” Will there appear a million solar roofs in Russia?

According to the forecast of the International Energy Association (IEA), the world annual biofuel production will reach 150 million tons of oil energy equivalent by 2030. Proponents of bioenergy argue that there is no better alternative to oil. Representatives of civil society and experts warn against certain negative consequences of obtaining and using biofuel.

The General Layout of the Russian Power Objects has been published and outcomes of the tender selection for renewable energy facilities (RESs) were announced.  The Russian alternative power sector is developing in accordance with the plan but the plan does not foresee any noticeable growth of the sector. 

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.