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Developing Microgeneration Based On Res As A Driver Of Decarbonisation And Economic Growth In Russia

Author

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  • L. K. Babicheva
  • E. V. Neprintseva
  • S. A. Shubin

Abstract

Having analysed the domestic and foreign experience of developing the market of microgeneration based on renewable energy sources (RES) the authors conclude that a smart industrial policy can ensure an expedited transition to zero-carbon economy and stimulate economic growth. Research background – Russia’s commitment to achieve carbon neutrality by 2060. Research purpose – assessing the prospects and barriers in the development of microgeneration based on RES. Methods – generalising, comparing, analysing empirical evidence of microgeneration market development in Russia and abroad, calculating the levelized cost of electricity (LCOE) of a solar plant and comparing it with current low voltage tariffs for small and medium-sized businesses. Results and novelty – the authors have determined the most effective industrial policy tools for developing the market of microgeneration based on RES.

Suggested Citation

  • L. K. Babicheva & E. V. Neprintseva & S. A. Shubin, 2022. "Developing Microgeneration Based On Res As A Driver Of Decarbonisation And Economic Growth In Russia," Strategic decisions and risk management, Real Economy Publishing House, vol. 12(3).
    • Handle: RePEc:abw:journl:y:2022:id:957
    DOI: 10.17747/2618-947X-2021-3-236-241
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