Renewable Energy in Russia: A Forthcoming Transformation Driven by Economic and Industrial Factors

Abstract

With a relatively small population, Russia accesses huge oil, natural gas, coal and uranium resources, and hosts advanced nuclear energy, oil and natural gas industries. However, the combined effect of today’s low cost electricity generation via photovoltaic modules, water and wind turbines and similarly low cost storage in Li-ion battery and solar hydrogen obtained via water electrolysis will have a profound impact on Russia’s energy and automotive industries.