Current State and Future Prospects of Hydro Energy in Russia

Bogoviz, Aleksei V.; Lobova, Svetlana V.; Alekseev, Alexander N.

doi:10.32479/ijeep.8968

Cited by 11 publications

(4 citation statements)

References 49 publications

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“…The obtained result demonstrates the low importance of hydropower development in improving the efficiency of the Russian energy sector. Despite the result, the overall importance of hydropower in the country's energy balance can hardly be overestimated (Bogoviz et al, 2020).…”

Section: Comparison Of Green Energy Production and Estimation Of Regional Price For Green Energymentioning

confidence: 99%

Green Electricity and Heat Generation in Canada: Implications for Russia

Lavrov

Karpova²,

Avdiyskiy³

et al. 2021

IJEEP

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Today, green energy is a new key feature of the energy sectors in developed and dynamically developing economies. It can stimulate the development of small and medium-sized businesses, greatly impacts on nature conservation and generates a strong technological impulse. Canada is known as one of the countries with a highly developed green energy and is considered to use most of its resources efficiently. Russia possesses significant reserves of natural resources and has high potential in the field of green energy production; however, the share of green energy in its energy balance is not high. The authors have compared Canada and Russia in terms of climatic conditions, financial situation, potential for green energy and social attitudes towards green energy, and demonstrated the similarity of the two countries. Having conducted a regression analysis of green energy production, the authors have further analyzed the regional potential for green energy development by comparing energy prices and proved that green energy is cheaper in Canada. Based on the obtained results, the authors have developed a system of recommendations for Russia in the field of green electricity and for both countries in the field of green heating. The main findings include the system of recommendations, the reasons for the reluctance of Russian society to introduce green energy, and a regional analysis of the most suitable regions for green transformation.

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Section: Comparison Of Green Energy Production and Estimation Of Regional Price For Green Energymentioning

confidence: 99%

Green Electricity and Heat Generation in Canada: Implications for Russia

Lavrov

Karpova²,

Avdiyskiy³

et al. 2021

IJEEP

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“…Hydropower accounts for most of that energy and 17% of electricity production. With 9% of the world's hydropower reserves, Russia could invest in new hydropower projects, especially in Siberia and the Far East, but instead focuses on the development of nuclear power stations (Bogoviz et al, 2020).…”

Section: Climate Change Impactsmentioning

confidence: 99%

Russia in a changing climate

Javeline,

Orttung,

Robertson

et al. 2023

WIREs Climate Change

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Climate change will shape the future of Russia, and vice versa, regardless of who rules in the Kremlin. The world's largest country is warming faster than Earth as a whole, occupies more than half the Arctic Ocean coastline, and is waging a carbon‐intensive war while increasingly isolated from the international community and its efforts to reduce greenhouse gas emissions. Officially, the Russian government argues that, as a major exporter of hydrocarbons, Russia benefits from maintaining global reliance on fossil fuels and from climate change itself, because warming may increase the extent and quality of its arable land, open a new year‐round Arctic sea route, and make its harsh climate more livable. Drawing on the collective expertise of a large group of Russia‐focused social scientists and a comprehensive literature review, we challenge this narrative. We find that Russia suffers from a variety of impacts due to climate change and is poorly prepared to adapt to these impacts. The literature review reveals that the fates of Russia's hydrocarbon‐dependent economy, centralized political system, and climate‐impacted population are intertwined and that research is needed on this evolving interrelationship, as global temperatures rise and the international economy decarbonizes in response.This article is categorized under: Policy and Governance > National Climate Change Policy Trans‐disciplinary Perspectives > National Reviews Trans‐disciplinary Perspectives > Regional Reviews

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“…In Russia, the use of hydropower resources in comparison to European countries is very low, indicating huge potential of development, seeing as this resource is considered to be the most efficient and stable renewable energy source in the country (Bogoviz et al, 2020). Reasons as to why they are not as efficiently used include material, monetary and labor resources not being sufficient enough for fast development, an absence of investors for newly built HPSs, demographic problems in the eastern parts of Russia, leading to a deficit in personnel for hydropower engineering.…”

Section: The Hydroelectricity Landscape Of Russia and Brazilmentioning

confidence: 99%

Comparative Analysis of the Financial Stability of Renewable-based Electricity Companies: The Case for Hydroelectric Organizations

Savchina

Pavlinov²,

Bobkov³

et al. 2022

IJEEP

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Hydroelectricity remains the dominate RES (Renewable Energy Source) and the most developed, reaching growth rate peaks in some countries in the 20th century. However, the share of it has fallen over the last few years, as other renewable sources have received rapid development. Despite this, growth for hydroelectricity has remained stable, with China, India, Japan, Russia, Turkey, France, Norway, Canada, USA and Brazil as market leaders. This article analyzes the key trends of development of the hydroelectricity market as a whole, as well as the financial stability of its organizations using bankruptcy likelihood prediction models. The Brazilian and Russian companies were chosen to assess as both countries are classified as developing markets. The bankruptcy prediction models indicate that overall, the financial stability of hydroelectricity giants of Brazil and Russia is at a high level, though profitability ratios are very low. During the COVID-19 pandemic, several financial support measures were implemented by governments, along with the already existing instruments for stimulating renewable energy growth. Authors’ forecasts show that current trends on the market indicate that net addition capacity growth in the next few years will not be enough to meet Net Zero goals for the renewables market.

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Current State and Future Prospects of Hydro Energy in Russia

Cited by 11 publications

References 49 publications

Green Electricity and Heat Generation in Canada: Implications for Russia

Green Electricity and Heat Generation in Canada: Implications for Russia

Russia in a changing climate

Comparative Analysis of the Financial Stability of Renewable-based Electricity Companies: The Case for Hydroelectric Organizations

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