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Issues of Energy Saving and Energy Efficiency Policy: Foreign and Russian Experience

In: Climate-Smart Innovation Social Entrepreneurship and Sustainable Development in the Environmental Economy

Author

Listed:
  • Olga Yu. Patrakeeva
  • Margarita Bogdanova
  • Tatyana V. Plotnikova
  • Irina V. Lipchanskaya

Abstract

The development of measures and patterns to increase energy efficiency appears as one of the key objectives of the world economy and is aimed at solving environmental problems associated with energy consumption and climate change. The chapter focuses on the issue of the impact of economic growth and structural changes on the energy intensity of territories. Empirical studies highlight a significant influence of macroeconomic, demographic, and political factors on changes in the energy intensity of economies. Russia has significant capacity for improving energy efficiency, primarily in the electricity and housing sectors. The released volumes of fossil fuels can be exported, reduce emissions into the atmosphere, and, as a result, improve the quality of life. A consistent reduction in the consumption of fuel and energy resources due to the transition to a new technological order is demonstrated by the electric power industry, the manufacturing industry, and the transport sector. For Russia, the transition from a raw-material model of the economy to an innovative one is a priority for sustainable development. To overcome the causes of low energy efficiency and realize the existing potential, it is necessary to intensify the state policy at the regional and federal levels. Simultaneously, measures to save energy and increase energy efficiency will not be able to achieve the goal of reducing the energy intensity of GDP/GRP without high economic growth rates. The authors present the analysis of the influence of the structure of the gross regional product on energy consumption in the Rostov Region and characterize the structure of the economy and the electricity consumption of the region. It was noted that the development of the service sector and high-tech industries, as well as investment in environmental technologies, will allow the Rostov Region to move to an energy-efficient model of economic growth.

Suggested Citation

  • Olga Yu. Patrakeeva & Margarita Bogdanova & Tatyana V. Plotnikova & Irina V. Lipchanskaya, 2023. "Issues of Energy Saving and Energy Efficiency Policy: Foreign and Russian Experience," World Scientific Book Chapters, in: Elena G Popkova & Natalia G Vovchenko & Olga V Andreeva (ed.), Climate-Smart Innovation Social Entrepreneurship and Sustainable Development in the Environmental Economy, chapter 16, pages 253-267, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811264252_0016
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    More about this item

    Keywords

    Climate-smart Innovation; Social Entrepreneurship; Sustainable Development; Environmental Economy; Green Economy; Environmental Marketing; Green Entrepreneurship Practices; COVID-19; Regional Economy; Natural Territory;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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