Strategic Development Outlook for the Energy Complex of Russia

A. A. Makarov () and T. A. Mitrova
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A. A. Makarov: Russian Academy of Sciences (ERI RAS)
T. A. Mitrova: Russian Academy of Sciences (ERI RAS)

Studies on Russian Economic Development, 2018, vol. 29, issue 5, 514-526

Abstract: Abstract The article discusses the long-term development of the energy complex and its role in the Russian economy in the context of the restructuring of world energy markets and considering the draft Energy Strategy of the Russian Federation for the period through to 2035. Using the SCANER modelling and information complex, representative scenarios for the evolution of world energy markets have been developed, as well as relevant scenarios for the development of Russia’s economy and energy, including the dynamics of domestic consumption of major fuels and energy in view of energy conservation, as well as effective volumes and directions of basic fuel exports. Based on this, the dynamics of extraction and processing of basic fuels, the use of renewable energy resources, and electricity production by various types of power plants are optimized, and the necessary capital investments and returns on the dynamics of domestic prices for fuel and energy are determined. Changes in the main macroeconomic indicators of the contribution of the energy complex to the development of the Russian economy, corresponding to these scenarios, indicate a possible relatively rapid decrease in its dependence on energy exports.

Date: 2018
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DOI: 10.1134/S1075700718050106

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