Open AccessRenewable energy in Russia: A critical perspective
Author(s) -
Pagliaro Mario
Publication year - 2021
Publication title -
energy science and engineering
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.638
H-Index - 29
ISSN - 2050-0505
DOI - 10.1002/ese3.820
Subject(s) - renewable energy , rationalization (economics) , natural gas , natural gas prices , wind power , natural resource economics , electricity , environmental economics , energy development , coal , business , photovoltaic system , energy engineering , engineering , waste management , economics , electrical engineering , microeconomics
Partly explaining the low uptake of energy production from renewable energy sources, Russia accesses huge oil, natural gas, coal, and uranium resources and hosts advanced nuclear energy, oil, and natural gas industries. Yet, the combined effect of the exceedingly low cost of electricity generation via today's photovoltaic modules and wind turbines combined with energy storage in Li‐ion battery and hydrogen obtained via water electrolysis will shortly have a profound impact on Russia's economy and manufacturing industry. The buildup of Russia's clean energy technology industry will require proper planning, rationalization efforts, and the development of creative and effective policies, which will include new educational initiatives in today's new energy technologies and energy management.