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Conditions and Trends of Green Energy Development in the Largest Economies of the Post-soviet Space

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"Smart Technologies" for Society, State and Economy (ISC 2020)

Abstract

Purpose: The research purpose consists in identifying efficient practices and prospects for the development of green energy in the post-Soviet space by means of comparative analysis of trends and conditions for supporting renewable energy generation in Kazakhstan, Russia and Ukraine.

Design/methodology/approach: The research has been carried out using the methods of analysis and synthesis, descriptive statistics and comparative analysis, graphical and tabular visualization of the results. The sources used include the data of the International Energy Agency, the independent information and consulting company Enerdata, the National Energy Report of the Republic of Kazakhstan for 2019, the Analytical Center under the Government of the Russian Federation, the State Agency for Energy Efficiency and Energy Saving of Ukraine (State Energy Efficiency) and other sources.

Findings: The article presents the results of comparative analysis of the dynamics of absolute and relative indicators of RES generation, in general, as well as solar and wind generation, in particular, in Kazakhstan, Russia and Ukraine over the period of 1995–2018. The specificity of the applied measures to support renewable energy generation in these countries has been described. Efficient practices and promising areas for improving the regulation of green energy have been identified.

Originality/value: It is argued that green tariffs demonstrate high efficiency of RES generation support. Development of transparent competitive market mechanisms (green auctions) and creation of conditions for attracting investments in the capital market by means of green finance can help enhance the generation of “clean” electrical energy in the post-Soviet space.

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Acknowledgments

The research has been supported by the grant of the President of the Russian Federation for the project “Development of an information system for evaluating the effectiveness of introduction and operation of renewable energy sources in the context of transition to smart production”, No. MK-1362.2020.9.

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Correspondence to Lyudmila Yu. Bogachkova .

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Bogachkova, L.Y., Guryanova, L.S., Usacheva, N.Y., Usacheva, I.V. (2021). Conditions and Trends of Green Energy Development in the Largest Economies of the Post-soviet Space. In: Popkova, E.G., Sergi, B.S. (eds) "Smart Technologies" for Society, State and Economy. ISC 2020. Lecture Notes in Networks and Systems, vol 155. Springer, Cham. https://doi.org/10.1007/978-3-030-59126-7_18

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