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Prospects for Russian Energy Exports in the Conditions of Implementing International Climate Policy Measures

Author

Listed:
  • V. V. Saenko

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • A. Yu. Kolpakov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— The article examines two scenarios for the development of the world energy sector. According to the first, all countries are supposed to meet the objectives of the current energy and climate policy, and in it the world demand for hydrocarbons for 2018–2035 is growing by 10%; according to the second scenario, it is additionally assumed that all countries will achieve Nationally Determined Contributions to the Paris Agreement, as a result of which the world consumption of hydrocarbons may decrease by 4%. Arguments are given supporting Russia’s ability to increase the export of hydrocarbons to foreign markets in both scenarios, at least in the next decade. In view of this, measures for intensifying the export of Russian hydrocarbons seem appropriate but the question arises about the rational use of generated income for the purpose of ensuring sustainable growth of the Russian economy and its regions.

Suggested Citation

  • V. V. Saenko & A. Yu. Kolpakov, 2021. "Prospects for Russian Energy Exports in the Conditions of Implementing International Climate Policy Measures," Studies on Russian Economic Development, Springer, vol. 32(6), pages 668-675, November.
    • Handle: RePEc:spr:sorede:v:32:y:2021:i:6:d:10.1134_s1075700721060137
    DOI: 10.1134/S1075700721060137
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    References listed on IDEAS

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    2. Alexey A. Makarov & Tatyana A. Mitrova & Vyacheslav A. Kulagin, 2020. "Long-term development of the global energy sector under the influence of energy policies and technological progress," Russian Journal of Economics, ARPHA Platform, vol. 6(4), pages 347-357, December.
    3. Leonid M. Grigoryev & Dzhanneta D. Medzhidova, 2020. "Global energy trilemma," Russian Journal of Economics, ARPHA Platform, vol. 6(4), pages 437-462, December.
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