 Vested interests as driver of the clean energy transition: Evidence from Russia's solar energy policyAnatole Boute and Alexey Zhikharev Energy Policy, 2019, vol. 133, issue C Abstract: By contrast to the common objective of decarbonization of electricity production, the main driver of Russia's renewable energy policy is to achieve the economic benefits related to the manufacturing of green equipment. The focus on industrial development rather than the decarbonization of the power sector clearly appears from the decision of the Russian government to tie renewable energy subsidies to stringent local content requirements. In particular, solar energy benefits from a subsidy regime that is favourable to local manufacturers. Based on a detailed analysis of Russian renewable energy regulation, this paper studies the benefits for solar generation and explains this favourable treatment based on the vested interests of influential industrial groups in the solar PV manufacturing sector. These vested interests helped to overcome the resistance to renewable energy in an economy heavily dependent on oil and gas. More fundamentally, the influence of the local solar energy industry enabled the development of a support scheme that eventually stimulated the deployment of renewable energy technologies in general. Keywords: Russia; Renewable energy policy; Local content requirements; Vested interests (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:133:y:2019:i:c:s0301421519304884 DOI: 10.1016/j.enpol.2019.110910 Access Statistics for this article Energy Policy is currently edited by N. France More articles in Energy Policy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.