Efficiency of developing renewable energy market in Russia

Irina A. Grechukhina, Olga V. Kudryavtseva, Ekaterina Yu. Yakovleva

Abstract


The goal of this study is to systematize and provide a quantitative and qualitative assessment of potential positive economic and non-economic effects of the implementation of a new mechanism for supporting renewable energy in Russia. It should result in achieving the national medium-term objective to increase the share of renewable energy in the wholesale electricity and capacity market to 2.5 % by 2024. The introduction examines the mechanism for supporting the generators of renewable energy by capacity charge in the wholesale electricity and capacity market. It is assumed that the main positive effects from implementing this mechanism will be the replacement of hydrocarbon fuels burned for generating the electricity in traditional coal or gas power plants; improvement in the trade balance; multiplier effects from the development of RES in related industrial sectors, new value added and jobs in the sectors producing the generating and auxiliary equipment for generators; reduction of carbon dioxide emissions; decrease in average prices in the wholesale electricity market; reduction of expenditure on environmental activities and measures to protect the health in the territories with traditional power plants; additional scal charges. As a result, the quantification of these effects amounts to 47.77 billion rubles in 2024. The authors rely on the experience of foreign countries, expert estimates, forecasts by the Russian Ministry of Energy and the Ministry of Economic Development, research by the Russian Energy Agency, International Energy Agency, International Renewable Energy Agency, Community for Renewable Energy Policy in the 21st Century (REN21), statistics of Russian Federal State Statistics Service.

Keywords


renewable energy sources; solar energy; wind energy; small hydropower; bioenergy; RES; RES support mechanisms; capacity charge; capacity provision contract; wholesale electricity and capacity market

Full Text:

PDF

References


Sidorovich, V. A. (2015). Mirovaya energeticheskaya revolyutsiya [World energy revolution]. Moscow: Alpina Publ., 208.

Vaytszekker, E. U., Khargrouz, K., Smit, M. et al. (2013). Faktor pyat. Formula ustoychivogo rosta: Doklad Rimskomu klubu [Factor five: the formula for sustainable growth, a report to the Club of Rome]. Moscow: AST-Press, 368.

Verbruggen, A. & Lauber, V. (2012) Assessing the performance of renewable electricity support instruments. Energy Policy, 45, 635–644.

Haas, R. R. (2011). Efficiency and effectiveness of promotion systems for electricity generation from renewable energy sources, Lessons from EU countries. Energy, 36, 2186–2193.

Grechukhina, I. A. (2016). Faktory razvitiya vozobnovlyaemykh istochnikov energii v Rossii i v mire [Factors of development of renewable energy sources in Russia and the world]. Nauchnyye issledovaniya i razrabotki v epokhu globalizatsii. Sb. statey mezhdunar. nauch.- prakt. konf. (5 fevr. 2016 g.) [Research and development in an era of globalization. Collected works of Scientific and Practical Conference (Feb. 5, 2016))]. Ufa: Nauchno-izdatelskiy tsentr Aeterna Publ., 75–79.

Fyuks, R. (2016). Zelenaya revolyutsiya. Ekonomicheskiy rost bez ushcherba dlya ekologii [Green revolution: economic growth without harming the environment]. Moscow: Alpina non-fikshn Publ., 330.

Kopylov, A. E. (2015). Ekonomika VIE [Economy of renewable energy]. Moscow: Grifon Publ., 365.

Porfiryev, B. N. (2013). Alternativnaya energetika kak faktor snizheniya riskov i modernizatsii ekonomiki [Alternative energy as a factor in reducing the risks and modernizing the economy]. Problemy teorii i praktiki upravleniya [Problems of management theory and practice], 6, 8–22.

Kopylov, A. E. (2013). Aktualnoye razvitie sistemy podderzhki VIE v Rossii. Ekologo-pravovoy monitoring [Current development of res support system in Russia. Environmental and legal monitoring]. RNEI-Monitoring. Klimaticheskaya politika i prava cheloveka. — Vyp. 2. Vozobnovlyaemye istochniki energii [RNEI-Monitoring. Climate policy and human rights. — Issue 2. Renewable energy resources]. Berlin: Nemetsko-russkiy obmen Publ. 2013.

Fortov, V. & Popel, O. (2013). Vozobnovlyaemyye istochniki energii v mire i v Rossii [Renewable energy sources in the world and in Russia]. Energeticheskiy vestnik [Energy bulletin], 16, 20–31.

Menanteau, P., Finnon, D. & Lamy M.-L. (2003). Prices versus quantities: choosing policies for promoting the development of renewable energy. Energy Policy, 31, 799–812.

Rutovitz, J. & Harris, S. (2012). Calculating Global Energy Sector Jobs: Methodology. Johannesburg: University of Technology, Institute for Sustainable Futures, Sydney, Greenpeace Africa, 52.

Porfiryev, B. N. (2011). Priroda i ekonomika: riski vzaimodeystviya [Nature and economy: risks of interaction]. Moscow: Ankil Publ., 352.

Shaytanov, V. Ya. & Zolotov, L. A. Ekologicheskie aspekty ispolzovaniya vozobnovlyaemykh istochnikov energii [Environmental aspects of using renewable energy sources]. Retrieved from: http://solex-un.ru/energo/review/opyt-ispolzovaniya-vie/obzor-1-napravleniya-vie-ekonomika-effekty-sostoyanie-v-rf-1 (date of access: 27.03.2016).

Jasim, S. & Kunz, C. (2013). Erneuerbare Energien im Strommarkt. Renews Kompakt. Agentur fur Erneuerbare Energien. Retrieved from: http://www.unendlich-viel-energie.de/media/file/276.AEE_RenewsKompakt _Strommarkt_dez13.pdf (date of access: 27.03.2016).

Bobylev, S. N., Kudryavtseva, O. V. & Yakovleva. Ye.Yu. (2015). Green economy regional priorities. Economy of region, 2, 148–159. doi 10.17059/2015–2-12.




DOI: https://doi.org/10.15826/recon.2016.2.4.038

Copyright (c) 2018 Irina A. Grechukhina, Olga V. Kudryavtseva, Ekaterina Yu. Yakovleva

Сertificate of registration media №04-27008 от 28.04.2021
Online ISSN 2412-0731