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Improvement of Russian energy efficiency strategy within the framework of "green economy" concept (based on the analysis of experience of foreign countries)

Author

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  • Matraeva, Lilia
  • Solodukha, Petr
  • Erokhin, Sergey
  • Babenko, Maria

Abstract

Analysis of Russian energy saving potential and experience of implementation of energy efficiency policy in Russia at the present stage showed that the domestic economy has considerable potential energy savings, but their implementation requires intensifying the activities of the State in this area, particularly with regard to overcoming the identified reasons for the low efficiency of national economy. Government activities in the field of energy saving and energy efficiency in Russia was initiated in 2008 and a significant legal and regulatory framework was developed as a basis for it, however, despite the positive examples, the objectives set for energy intensity reduction are not being met, and the overall level of implementation of government interventions in energy efficiency in industries is insufficient. This paper proposes the author's approach to Russian energy efficiency strategy, which, based on international experience, sets out priorities for improving the energy efficiency policies.

Suggested Citation

  • Matraeva, Lilia & Solodukha, Petr & Erokhin, Sergey & Babenko, Maria, 2019. "Improvement of Russian energy efficiency strategy within the framework of "green economy" concept (based on the analysis of experience of foreign countries)," Energy Policy, Elsevier, vol. 125(C), pages 478-486.
    • Handle: RePEc:eee:enepol:v:125:y:2019:i:c:p:478-486
    DOI: 10.1016/j.enpol.2018.10.049
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    References listed on IDEAS

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    3. Olivia Bina, 2013. "The Green Economy and Sustainable Development: An Uneasy Balance?," Environment and Planning C, , vol. 31(6), pages 1023-1047, December.
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    13. Khoshnava, Seyed Meysam & Rostami, Raheleh & Zin, Rosli Mohamad & Kamyab, Hesam & Abd Majid, Muhd Zaimi & Yousefpour, Alireza & Mardani, Abbas, 2020. "Green efforts to link the economy and infrastructure strategies in the context of sustainable development," Energy, Elsevier, vol. 193(C).
    14. Svetlana Ratner & Konstantin Gomonov & Svetlana Revinova & Inna Lazanyuk, 2020. "Energy Saving Potential of Industrial Solar Collectors in Southern Regions of Russia: The Case of Krasnodar Region," Energies, MDPI, vol. 13(4), pages 1-19, February.
    15. Lin, Boqiang & Zhu, Junpeng, 2019. "Fiscal spending and green economic growth: Evidence from China," Energy Economics, Elsevier, vol. 83(C), pages 264-271.
    16. Alexander N. Alekseev & Aleksei V. Bogoviz & Ludmila P. Goncharenko & Sergey A. Sybachin, 2019. "A Critical Review of Russia s Energy Strategy in the Period until 2035," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 95-102.
    17. Lee, Chien-Chiang & Wang, Chih-Wei & Thinh, Bui Tien & Xu, Zhi-Ting, 2022. "Climate risk and bank liquidity creation: International evidence," International Review of Financial Analysis, Elsevier, vol. 82(C).
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    19. Mikhail A. Averbukh & Nikolay A. Zhukov & Stanislav V. Khvorostenko & Vasiliy I. Panteleev, 2019. "Reducing Electric Power Losses in the System of Power Supply Due to Compensation of Higher Harmonics of Currents: Economic and Energy Efficiency Outcomes," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 396-403.
    20. Sai Yuan & Xiongfeng Pan, 2023. "The spatiotemporal effects of green fiscal expenditure on low-carbon transition: empirical evidence from china’s low-carbon pilot cities," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(2), pages 507-533, April.
    21. Shahriyar Mukhtarov & R dvan Karacan & Fuzuli Aliyev & Vuqar Ismayilov, 2022. "The Effect of Financial Development on Energy Consumption: Evidence from Russia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 243-249.
    22. Valeriy V. Iosifov & Pavel D. Ratner, 2021. "Climate Policies of G20 and New Threats for Russian Energy and Transportation Complex," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 478-486.

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