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Green Energy Markets: Current Gaps and Development Perspectives in the Russian Federation

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The Economics of Digital Transformation

Abstract

The article is devoted to the analysis of the current state and prospects for the development of the renewable (green) energy market. The achieved level of technologies and equipment for the production of renewable energy and the main trends in the development of these issues are analyzed. The demand for green energy is analyzed from the point of view of free-market niches for this type of energy. The accessibility of energy systems is considered as a key factor for the development of the green energy market. The technical, organizational, and economic problems of ensuring the accessibility of energy systems are analyzed. Existing barriers that prevent the level of grids accessibility, which is necessary for the formation of an effective market for green energy, are also analyzed. Getting the electricity index as a component of the Doing Business rating is used for comparative analysis of the availability of electricity grids in the world economies and Russia. The Smart Grid concept is analyzed from the point of view of development the grid’s availability.

Selected portions of this chapter have appeared in Nurulin Y.R., Skvortsova I.,Vinogradova E. (2020) “On the Issue of the Green Energy Markets Development.” In: Arseniev D., Overmeyer L., Kälviäinen H., Katalinić B. (eds) Cyber-Physical Systems and Control. CPS&C 2019. Lecture Notes in Networks and Systems, vol 95. Springer, Cham.

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Acknowledgments

The article is prepared in the frame and with the financial support of the KS1024 project of the CBS ENI program.

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Nurulin, Y., Skvortsova, I., Vinogradova, E. (2021). Green Energy Markets: Current Gaps and Development Perspectives in the Russian Federation. In: Devezas, T., Leitão, J., Sarygulov, A. (eds) The Economics of Digital Transformation. Studies on Entrepreneurship, Structural Change and Industrial Dynamics. Springer, Cham. https://doi.org/10.1007/978-3-030-59959-1_13

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