Impact of Solar and Wind Energy in the EU Countries on the Long-Term Prospects of Russian Hydrocarbon Exports

Влияние солнечной и ветровой энергетики стран ЕС на долгосрочные перспективы российского углеводородного экспорта

Vladimir Potashnikov (), Golub Alexander and Shorin Dmitry
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Golub Alexander: Russian Presidential Academy of National Economy and Public Administration
Shorin Dmitry: Russian Presidential Academy of National Economy and Public Administration

Russian Economic Development, 2021, issue 12, 12-22

Abstract: Solarand wind are forcing out coal and gas-fired power in the EU. Electric cars will edge out gasoline powered cars. Based on the highly detailed model of the representative energy system of the EU carbon-free electric power industry (365 days for 24 hours, 200 supply regions and 8 demand regions) presented in the article, it has been concluded that the share of renewable energy sources (RES) is likely to continue to grow, despite the difficulties of balancing energy sources with intermittent operation. And carbon regulation can only accelerate this process. The article was prepared in the framework of execution of state order by RANEPA.

Keywords: energy transition; representative power model; 100% electricity generation; renewable energy sources (RES) (search for similar items in EconPapers)
JEL-codes: Q41 Q42 Q47 (search for similar items in EconPapers)
Date: 2021
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