Chapter 12 Russian Renewable Energy
This chapter reviews the development of the legal framework for renewable energy in Russia and discusses the current state of renewable energy in the country. The Russian support scheme for renewable energy is elaborated in detail for both the wholesale and retail energy markets, and the outcomes of...
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| Fformat: | Online |
| Iaith: | Saesneg |
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Taylor & Francis
2023
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| Mynediad Ar-lein: | https://library.oapen.org/handle/20.500.12657/39900 |
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Dim Tagiau, Byddwch y cyntaf i dagio'r cofnod hwn!
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| _version_ | 1869526037680881664 |
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| author | Kozlova, Mariia Collan, Mikael Overland, Indra |
| author_browse | Collan, Mikael Kozlova, Mariia Overland, Indra |
| author_facet | Kozlova, Mariia Collan, Mikael Overland, Indra |
| author_sort | Kozlova, Mariia |
| collection | Directory of Open Access Books |
| description | This chapter reviews the development of the legal framework for renewable energy in Russia and discusses the current state of renewable energy in the country. The Russian support scheme for renewable energy is elaborated in detail for both the wholesale and retail energy markets, and the outcomes of the policy are assessed based on the current state of renewable energy in Russia.
Russia has introduced an unusual scheme to promote renewable energy: compensating investments in capacity installed and guaranteeing investors a certain return on their investments. This instrument is known in the literature as a ‘capacity-based mechanism’ or simply a ‘capacity mechanism’. The capacity mechanism also imposes some restrictions and incentives to motivate renewable-energy production and attempts to minimise the cost burden of the subsidies on the taxpayer. Renewable-energy investments in other countries are commonly supported by paying projects for the electricity produced, rather than the installed capacity. The Russian approach has practical relevance from the policymakers’ perspective because, in contrast to conventional power plants that can be operated non-stop to produce electricity, many forms of renewable energy are not able to guarantee production on command. Paying for actual electricity production encourages investors to select appropriate sites for renewable energy generation. However, the Russian case demonstrates that renewables can also be supported through installed capacity.
In this chapter, we present a short overview of Russian renewable-energy policy, review the academic literature on this topic, and analyse the outcomes of the policy in terms of the current state of renewable energy in Russia, paying particular attention to the effect of the capacity mechanism. |
| format | Online |
| id | doab-20.500.12854ir-131886 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| publisher | Taylor & Francis |
| publisherStr | Taylor & Francis |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1318862025-06-24T06:46:46Z Chapter 12 Russian Renewable Energy Kozlova, Mariia Collan, Mikael Overland, Indra energy law renewable energy renewable energy in Russia thema EDItEUR::L Law::LA Jurisprudence and general issues thema EDItEUR::L Law::LB International law thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNC Company, commercial and competition law: general::LNCR Energy and natural resources law This chapter reviews the development of the legal framework for renewable energy in Russia and discusses the current state of renewable energy in the country. The Russian support scheme for renewable energy is elaborated in detail for both the wholesale and retail energy markets, and the outcomes of the policy are assessed based on the current state of renewable energy in Russia. Russia has introduced an unusual scheme to promote renewable energy: compensating investments in capacity installed and guaranteeing investors a certain return on their investments. This instrument is known in the literature as a ‘capacity-based mechanism’ or simply a ‘capacity mechanism’. The capacity mechanism also imposes some restrictions and incentives to motivate renewable-energy production and attempts to minimise the cost burden of the subsidies on the taxpayer. Renewable-energy investments in other countries are commonly supported by paying projects for the electricity produced, rather than the installed capacity. The Russian approach has practical relevance from the policymakers’ perspective because, in contrast to conventional power plants that can be operated non-stop to produce electricity, many forms of renewable energy are not able to guarantee production on command. Paying for actual electricity production encourages investors to select appropriate sites for renewable energy generation. However, the Russian case demonstrates that renewables can also be supported through installed capacity. In this chapter, we present a short overview of Russian renewable-energy policy, review the academic literature on this topic, and analyse the outcomes of the policy in terms of the current state of renewable energy in Russia, paying particular attention to the effect of the capacity mechanism. 2023-12-08T04:29:00Z 2023-12-08T04:29:00Z 2020-06-29T08:47:19Z 2020 chapter https://library.oapen.org/handle/20.500.12657/39900 9780429450891 https://directory.doabooks.org/handle/20.500.12854/131886 eng open access image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/39900/5/9781138324459_oachapter12.pdf https://library.oapen.org/bitstream/20.500.12657/39900/5/9781138324459_oachapter12.pdf https://library.oapen.org/bitstream/20.500.12657/39900/5/9781138324459_oachapter12.pdf Taylor & Francis Routledge fa69b019-f4ee-4979-8d42-c6b6c476b5f0 Routledge Handbook of Energy Law 9780429450891 Routledge 18 open access |
| spellingShingle | energy law renewable energy renewable energy in Russia thema EDItEUR::L Law::LA Jurisprudence and general issues thema EDItEUR::L Law::LB International law thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNC Company, commercial and competition law: general::LNCR Energy and natural resources law Kozlova, Mariia Collan, Mikael Overland, Indra Chapter 12 Russian Renewable Energy |
| title | Chapter 12 Russian Renewable Energy |
| title_full | Chapter 12 Russian Renewable Energy |
| title_fullStr | Chapter 12 Russian Renewable Energy |
| title_full_unstemmed | Chapter 12 Russian Renewable Energy |
| title_short | Chapter 12 Russian Renewable Energy |
| title_sort | chapter 12 russian renewable energy |
| topic | energy law renewable energy renewable energy in Russia thema EDItEUR::L Law::LA Jurisprudence and general issues thema EDItEUR::L Law::LB International law thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNC Company, commercial and competition law: general::LNCR Energy and natural resources law |
| topic_facet | energy law renewable energy renewable energy in Russia thema EDItEUR::L Law::LA Jurisprudence and general issues thema EDItEUR::L Law::LB International law thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNC Company, commercial and competition law: general::LNCR Energy and natural resources law |
| url | https://library.oapen.org/handle/20.500.12657/39900 |
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