Alternative energy market in Russia: at the crossroads of interests and opportunities
The development of an alternative energy market in Russia within the strategy of forming a green economy is more promising task due to the high level of regulation and closed for entry of private investors, as well as the sufficiency of fossil hydrocarbons. At the same time, Russia understands the i...
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Format: | Article |
Language: | English |
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EDP Sciences
2023-01-01
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Series: | E3S Web of Conferences |
Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/13/e3sconf_ersme2023_05044.pdf |
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author | Aleksandrov Igor Daroshka Vitali Trushkin Vyacheslav Chekhovskikh Irina Ol Ekaterina |
author_facet | Aleksandrov Igor Daroshka Vitali Trushkin Vyacheslav Chekhovskikh Irina Ol Ekaterina |
author_sort | Aleksandrov Igor |
collection | DOAJ |
description | The development of an alternative energy market in Russia within the strategy of forming a green economy is more promising task due to the high level of regulation and closed for entry of private investors, as well as the sufficiency of fossil hydrocarbons. At the same time, Russia understands the importance of participation in the processes of green transition and decarbonization of the national economy due to the commitments under the Paris Climate Agreement, as well as the presence of trade risks in terms of export of traditional energy assets (oil, gas) to the EU, UK, and, starting in 2020, to the PRC and Japan (despite the fact that there are no trade risks in the energy sector). - China and Japan (despite the sanctions on Russia’s energy sector, it still has the formal right to participate in tenders for international financing of "green projects"). The most promising proposals for the development of the alternative energy market and business activation are: the formation of a segment of "green finance" in the national stock market; the development of the practice of PPP models for the implementation of energy projects in the renewable energy sector; the formation of green finance departments on the basis of major banks; 4) the formation of export-oriented hydrogen production on the basis of oil and gas businesses. |
first_indexed | 2024-04-09T19:07:33Z |
format | Article |
id | doaj.art-e6f4384bf3904f8cb0040d11074ef05a |
institution | Directory Open Access Journal |
issn | 2267-1242 |
language | English |
last_indexed | 2024-04-09T19:07:33Z |
publishDate | 2023-01-01 |
publisher | EDP Sciences |
record_format | Article |
series | E3S Web of Conferences |
spelling | doaj.art-e6f4384bf3904f8cb0040d11074ef05a2023-04-07T08:57:53ZengEDP SciencesE3S Web of Conferences2267-12422023-01-013760504410.1051/e3sconf/202337605044e3sconf_ersme2023_05044Alternative energy market in Russia: at the crossroads of interests and opportunitiesAleksandrov Igor0Daroshka Vitali1Trushkin Vyacheslav2Chekhovskikh Irina3Ol Ekaterina4Petrozavodsk State UniversityBelarusian Trade and Economic University of Consumer CooperativesSt. Petersburg State University of Veterinary MedicineSt. Petersburg State University of Veterinary MedicineSt. Petersburg State Agrarian UniversityThe development of an alternative energy market in Russia within the strategy of forming a green economy is more promising task due to the high level of regulation and closed for entry of private investors, as well as the sufficiency of fossil hydrocarbons. At the same time, Russia understands the importance of participation in the processes of green transition and decarbonization of the national economy due to the commitments under the Paris Climate Agreement, as well as the presence of trade risks in terms of export of traditional energy assets (oil, gas) to the EU, UK, and, starting in 2020, to the PRC and Japan (despite the fact that there are no trade risks in the energy sector). - China and Japan (despite the sanctions on Russia’s energy sector, it still has the formal right to participate in tenders for international financing of "green projects"). The most promising proposals for the development of the alternative energy market and business activation are: the formation of a segment of "green finance" in the national stock market; the development of the practice of PPP models for the implementation of energy projects in the renewable energy sector; the formation of green finance departments on the basis of major banks; 4) the formation of export-oriented hydrogen production on the basis of oil and gas businesses.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/13/e3sconf_ersme2023_05044.pdf |
spellingShingle | Aleksandrov Igor Daroshka Vitali Trushkin Vyacheslav Chekhovskikh Irina Ol Ekaterina Alternative energy market in Russia: at the crossroads of interests and opportunities E3S Web of Conferences |
title | Alternative energy market in Russia: at the crossroads of interests and opportunities |
title_full | Alternative energy market in Russia: at the crossroads of interests and opportunities |
title_fullStr | Alternative energy market in Russia: at the crossroads of interests and opportunities |
title_full_unstemmed | Alternative energy market in Russia: at the crossroads of interests and opportunities |
title_short | Alternative energy market in Russia: at the crossroads of interests and opportunities |
title_sort | alternative energy market in russia at the crossroads of interests and opportunities |
url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/13/e3sconf_ersme2023_05044.pdf |
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