IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2019-06-44.html
   My bibliography  Save this article

The Formation of the Contemporary Renewable Energy Sector and its Role in the Industry Development

Author

Listed:
  • Elvir Akhmetshin

    (Faculty of Economics and Management, Kazan Federal University, Russian Federation, Kazan, Russia,)

  • Sergey Zhiltsov

    (Peoples Friendship University of Russia (RUDN University), Engineering Academy, Russian Federation, Moscow, Russia)

  • Anna Dmitrieva

    (Federal State Autonomous Educational Institution of Higher Education South Ural State University (National Research University), Russian Federation, Institute of Law, Chelyabinsk, Russia,)

  • Andrei Plotnikov

    (Humanitarian Faculty, Perm National Research Polytechnic University, Russian Federation, Perm, Russia,)

  • Angelina Kolomeytseva

    (Faculty of International Economic Relations, Moscow State Institute of International Relations (MGIMO University), Moscow, Russia)

Abstract

Currently, renewable energy is one of the core issues brought up monthly on the global market. The created green energy policy and support of the most advanced countries are aimed at its development. State-of-the-art technology, necessary scope of knowledge, and optimal conditions for using renewable sources of energy altogether are the factors for focusing on the development of the industry. The core purpose of the research was to reveal facts of the current formation of the renewable energy sector. As a result of the research, we found out that the renewable energy sector is currently achieving its peak of popularity. The issue is of worldwide relevance, and the leading countries focus their efforts on supporting the industry, while municipalities extensively implement such facilities in large cities. Renewable energy resources are also used in such areas as the transportation, cooling, heating, and energy industry, and many others.

Suggested Citation

  • Elvir Akhmetshin & Sergey Zhiltsov & Anna Dmitrieva & Andrei Plotnikov & Angelina Kolomeytseva, 2019. "The Formation of the Contemporary Renewable Energy Sector and its Role in the Industry Development," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 373-378.
    • Handle: RePEc:eco:journ2:2019-06-44
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/8229/4670
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/8229/4670
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Oksana V. Savchina & Olga V. Savchina & Anastasia V. Asinovich & Maksim A. Kosyakov & Alexander L. Bobkov, 2017. "Energy Sector of the Russian Federation in the Context of Macroeconomic Instability," International Journal of Energy Economics and Policy, Econjournals, vol. 7(5), pages 28-33.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhanar M. Orynkanova & Diana I. Stepanova, 2020. "Evaluation of the Economic Efficiency of Heat Recovery from Exhaust Gas of Diesel Power Plants in Kazakhstan," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 399-404.
    2. Gennadiy Stroykov & Alexey Y. Cherepovitsyn & Elizaveta A. Iamshchikova, 2020. "Powering Multiple Gas Condensate Wells in Russia’s Arctic: Power Supply Systems Based on Renewable Energy Sources," Resources, MDPI, vol. 9(11), pages 1-15, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Olga Yu. Gorodetskaya & Gulnara I. Alekseeva & Kira A. Artamonova & Natalia A. Sadovnikova & Svetlana G. Babich & Elvira N. Iamalova & Anatoliy M. Tarasov, 2021. "Investment Attractiveness of the Russian Energy Sector MNCs: Assessment and Challenges," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 199-207.
    2. Oksana V. Savchina & Dmitriy A. Pavlinov & Olga V. Savchina, 2021. "Financial Stability of Electricity Companies in the Context of the Macroeconomic Instability and the COVID-19 Pandemic," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 85-98.

    More about this item

    Keywords

    R enewable energy; Biofuel; Municipal energy sector; Power generation.;
    All these keywords.

    JEL classification:

    • K3 - Law and Economics - - Other Substantive Areas of Law
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2019-06-44. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.