Template-Type: ReDIF-Article 1.0
Author-Name:Lanshina T.
Author-Name-First: T. 
Author-Name-Last:Lanshina 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Title: The effect of renewable energy sources  on the global power industry 
Abstract: The global power market is undergoing an important transformation.  Successful development of technologies of renewable energy sources (RES) and even a complete switchover of individual countries to those technologies is no longer a technical or economic problem.  Some cities, regions and even countries have already set a goal to switch over completely or partially to RES. In the near future, in the power industry the existing trends are expected to consolidate: prices on RES technologies are going to depreciate and the share of RES in the power sector is bound to rise. In Russia, no radical changes on the power market are expected so far: in accordance with the officially approved plan only 6 GW of new REC power stations which are going to ensure 4.5% of the country’s entire power consumption will be built in Russia by 2024
Classification-JEL: E30, E31, C81, L11
Keywords:  Russian Industry, Russian Economy
Year: 2016
Issue:9
Month: September
Pages: 43-45
File-URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-9-723.pdf
File-Format: application/pdf
File-Function: Revised version, 2016
Handle: RePEc:gai:recdev:recdev-2016-9-723