The Fuel and Energy Complex of Russia: Analyzing Energy Efficiency Policies at the Federal Level

Authors

  • Svetlana Vladislavlevna Lobova Altai State University, Barnaul, Russia
  • Aleksei Valentinovich Bogoviz Federal Research Center of Agrarian Economy and Social Development of Rural Areas – All Russian Research Institute of Agricultural Economics, Moscow, Russia http://orcid.org/0000-0002-6667-5284
  • Yulia Vyacheslavovna Ragulina Federal Research Center of Agrarian Economy and Social Development of Rural Areas – All Russian Research Institute of Agricultural Economics, Moscow, Russia
  • Alexander Nikolaevich Alekseev Plekhanov Russian University of Economics, Moscow, Russia

Abstract

The paper critically reviews Russia's energy efficiency policies in the fuel and energy complex, one of the most important parts of the economy of Russia, since 2012 till 2016. Since Russia's economy is very energy intensive and has a great potential of increasing its energy efficiency, the role of such policies in the fuel and energy complex is of the highest importance. The paper, first of all, comprehensively reviews overall goals and priorities of energy efficiency in the fuel and energy complex of Russia, devoting special attention to the government management system, technological regulations, financial incentives and funding, as well as supporting mechanisms. Second, the paper analyzes energy efficiency performance in the fuel and energy complex of Russia on the basis of the official methodology used by the Ministry of Energy of Russia. Third, the paper critically reviews both the legal and strategic framework of energy efficiency policies in Russia and the methodology used by the Ministry of Energy to evaluate energy efficiency performance, with the purpose of providing valuable recommendations that would further develop energy efficiency policies in the fuel and energy complex of Russia.Keywords: energy efficiency, fuel and energy complex, RussiaJEL Classifications: Q43, Q48, E60, E65, O10DOI: https://doi.org/10.32479/ijeep.7182

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Published

2018-12-07

How to Cite

Lobova, S. V., Bogoviz, A. V., Ragulina, Y. V., & Alekseev, A. N. (2018). The Fuel and Energy Complex of Russia: Analyzing Energy Efficiency Policies at the Federal Level. International Journal of Energy Economics and Policy, 9(1), 205–211. Retrieved from https://econjournals.com/index.php/ijeep/article/view/7182

Issue

Vol. 9 No. 1 (2019)

Section

Articles

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