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Russian State Corporations in Search of a New Energy Policy for Sustainable Urban Development

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Energy Ecosystems: Prospects and Challenges (EcoSystConfKlgtu 2022)

Abstract

The ESG approach in private investment, which takes into account environmental, social and governance factors when investing, is becoming increasingly popular, as it becomes important for investors to know that the companies in which they invest adhere to the principles of sustainable development. In today's accelerated institutionalization of the energy transition under the onslaught of government regulation, many public corporations have already begun to act in favor of responsible investing as well. As this study has shown, there is a growing demand from domestic state corporations for projects in the field of energy saving and energy efficiency improvement, for which Russian scientific and educational organizations have the necessary competencies and potential to accelerate the development and implementation. State corporations as carriers of significant resources should become drivers of the implementation of new energy policies (including for sustainable urban development) through the commercialization of R&D.

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Acknowledgment

The study was funded by grant No. 21-18-00271 of the Russian Science Foundation within the project “Logic, Institutions, and Development Strategies of ‘Shrinking’ Old Industrial Cities: Synthesis of Heterodox Approaches”.

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Correspondence to Sergey Volkov .

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Skokov, R., Volkov, S. (2023). Russian State Corporations in Search of a New Energy Policy for Sustainable Urban Development. In: Kostrikova, N. (eds) Energy Ecosystems: Prospects and Challenges. EcoSystConfKlgtu 2022. Lecture Notes in Networks and Systems, vol 626. Springer, Cham. https://doi.org/10.1007/978-3-031-24820-7_16

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