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The Fuel and Energy Complex of Russia: Analyzing Energy Efficiency Policies at the Federal Level

Author

Listed:
  • Svetlana Vladislavlevna Lobova

    (Altai State University, Barnaul, Russia,)

  • Aleksei Valentinovich Bogoviz

    (Federal Research Center of Agrarian Economy and Social Development of Rural Areas- All Russian Research Institute of Agricultural Economics, Moscow, Russia,)

  • Yulia Vyacheslavovna Ragulina

    (Federal Research Center of Agrarian Economy and Social Development of Rural Areas- All Russian Research Institute of Agricultural Economics, Moscow, Russia,)

  • Alexander Nikolaevich Alekseev

    (Plekhanov Russian University of Economics, Moscow, Russia.)

Abstract

The paper critically reviews Russia s energy efficiency policies in the fuel and energy complex, one of the most important parts of the economy of Russia, since 2012 till 2016. Since Russia s economy is very energy intensive and has a great potential of increasing its energy efficiency, the role of such policies in the fuel and energy complex is of the highest importance. The paper, first of all, comprehensively reviews overall goals and priorities of energy efficiency in the fuel and energy complex of Russia, devoting special attention to the government management system, technological regulations, financial incentives and funding, as well as supporting mechanisms. Second, the paper analyzes energy efficiency performance in the fuel and energy complex of Russia on the basis of the official methodology used by the Ministry of Energy of Russia. Third, the paper critically reviews both the legal and strategic framework of energy efficiency policies in Russia and the methodology used by the Ministry of Energy to evaluate energy efficiency performance, with the purpose of providing valuable recommendations that would further develop energy efficiency policies in the fuel and energy complex of Russia.

Suggested Citation

  • Svetlana Vladislavlevna Lobova & Aleksei Valentinovich Bogoviz & Yulia Vyacheslavovna Ragulina & Alexander Nikolaevich Alekseev, 2019. "The Fuel and Energy Complex of Russia: Analyzing Energy Efficiency Policies at the Federal Level," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 205-211.
    • Handle: RePEc:eco:journ2:2019-01-26
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    References listed on IDEAS

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    Cited by:

    1. Anna Dahlqvist & Patrik S derholm, 2019. "Industrial Energy Use, Management Practices and Price Signals: The Case of Swedish Process Industry," International Journal of Energy Economics and Policy, Econjournals, vol. 9(3), pages 30-45.
    2. Alexander N. Alekseev & Svetlana V. Lobova & Aleksei V. Bogoviz & Yulia V. Ragulina, 2019. "A Critical Review of Russia s Energy Efficiency Policies in the Construction and Housing Sector," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 166-172.
    3. Meiramkul Saiymova & Aliya Shakharova & Aliya Rakaeva & Madina Serikova & Aslan Tasmaganbetov & Yuliya Tyurina & Zhibek Bimagambetova, 2020. "Energy Security, Economics and Environment in the Eurasian Economic Union: Current and Future Scenarios," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 293-299.

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    More about this item

    Keywords

    energy efficiency; fuel and energy complex; Russia;
    All these keywords.

    JEL classification:

    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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