DEVELOPING MICROGENERATION BASED ON RES AS A DRIVER OF DECARBONISATION AND ECONOMIC GROWTH IN RUSSIA

L. K. Babicheva (), E. V. Neprintseva () and S. A. Shubin ()

Strategic decisions and risk management, 2022, vol. 12, issue 3

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.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:abw:journl:y:2022:id:957

DOI: 10.17747/2618-947X-2021-3-236-241

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