The Current State of the Green Sectors of the Economy in the Conditions of Innovative Transformation

I. Shakhgiraev, G. Sultanov, G. Magomedbekov

2022

Abstract

The basis of the Russian energy sector is natural gas: it accounted for 60% of primary energy consumption in 2018. The structure of the Russian energy sector from an environmental point of view is more favorable than in many other major economies of the world. In particular, in India and China, the basis of primary energy consumption is coal (more than 40% and more than 60%, respectively), the most polluting fossil fuel. However, in terms of the development of renewable energy sources, Russia lags far behind the world. Hydropower is well developed in Russia: it accounts for about 3% of primary energy consumption and 17.6% of electricity generation. At the same time, most Russian HPPs were built even before the start of the transition to a market economy and are large projects characterized by significant environmental damage. The rest of the RES, including the world’s most dynamically developing areas such as solar and wind energy, are at the initial stage of development in Russia: they accounted for only 0.03% of primary energy consumption in 2018 and 0.28% of electricity generation in 2019. For comparison, according to REN21, in the world, modern RES, excluding hydropower and traditional biomass, already provided 7.4% of primary energy consumption in 2018 and 11.4% of electricity generation at the end of 2019. According to Ember, Russia is the largest economy in the world, which has practically no modern renewable energy.

Paper Citation

in Harvard Style

Shakhgiraev I., Sultanov G. and Magomedbekov G. (2022). The Current State of the Green Sectors of the Economy in the Conditions of Innovative Transformation. In Proceedings of the 1st International Conference on Methods, Models, Technologies for Sustainable Development - Volume 1: MMTGE, ISBN 978-989-758-608-8, SciTePress, pages 147-152. DOI: 10.5220/0011556400003524

in Bibtex Style

@conference{mmtge22,
author={I. Shakhgiraev and G. Sultanov and G. Magomedbekov},
title={The Current State of the Green Sectors of the Economy in the Conditions of Innovative Transformation},
booktitle={Proceedings of the 1st International Conference on Methods, Models, Technologies for Sustainable Development - Volume 1: MMTGE,},
year={2022},
pages={147-152},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011556400003524},
isbn={978-989-758-608-8},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Methods, Models, Technologies for Sustainable Development - Volume 1: MMTGE,
TI - The Current State of the Green Sectors of the Economy in the Conditions of Innovative Transformation
SN - 978-989-758-608-8
AU - Shakhgiraev I.
AU - Sultanov G.
AU - Magomedbekov G.
PY - 2022
SP - 147
EP - 152
DO - 10.5220/0011556400003524
PB - SciTePress