• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 10 days Does Toyota Know Something That We Don’t?
  • 4 days America should go after China but it should be done in a wise way.
  • 10 days World could get rid of Putin and Russia but nobody is bold enough
  • 5 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 12 days China is using Chinese Names of Cities on their Border with Russia.
  • 5 hours The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 1 day Even Shell Agrees with Climate Change!
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 days How Far Have We Really Gotten With Alternative Energy
  • 12 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 13 days Putin and Xi Bet on the Global South

Russia Has Massive Hydropower And Wind Energy Potential

Wind power and hydropower are the renewable energy sources with the best chance of successful deployment in Russia, a new paper has suggested.

The country has great potential for renewable energy generation thanks to the size of its territory and its climatic and terrain diversity. It also has swathes of unoccupied land that could be used for building wind farms across much of its territory, the authors of the paper said as quoted by Newswise.

Hydropower is another promising resource, which Russia is already utilizing at quite a scale. Its installed hydropower capacity is 45 GW, according to RusHydro—the state water utility—with annual generation at 165 billion kWh.

Russia has the second most abundant hydropower resources in the world, the utility notes on its website, but it also has further potential for development, with new construction already planned for Siberia and the Far East.

The authors of the new paper note, however, that the deployment of more renewable energy capacity has been slow to take off in Russia for reasons that are pretty obvious: besides hydropower, Russia also boasts some of the world’s most abundant oil and gas resources. It also has a well-developed nuclear power industry. Demand for renewables, therefore, has not been as urgent as in countries dependent on imported energy.

“The renewable energy sector is very capital-intensive and largely depends on legislation,” said one of the paper’s authors, Ural Federal University research engineer Ephraim Bonah Agyekum.

“The existing documents in the field of renewable energy in Russia are not enough for its progressive development, - emphasizes the researcher. - There is an objective need to revise the mechanism of RES development in the domestic and global markets, to make it more attractive for investors and countries exporting green energy.”

According to Agyekum and his co-authors, if Russia develops its renewable energy capacity, it could become a major exporter of green energy.

ADVERTISEMENT

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • George Doolittle on September 30 2021 said:
    "anti-market."

    Not selling into the deep pockets nor interested in doing so. Plus seemingly at War with everyone all the time...even itself...not that the United States is no different of course.

    Still absolutely correct to say massive geo-political forces have suddenly exploded into the open and a far more violent and cruel World than what existed in the USA/USSR days has emerged.

    Certainly bad news for global energy markets let alone the entire ahem "global economy" ahem save for perhaps the Kingdom of Saudi Arabia.

    Maybe Brazil.
  • DoRight Deikins on September 30 2021 said:
    But unfortunately, like many inner continental areas, those hydro resources are significantly intermittent (i.e. subject to severe drought or freezing). I can't speak to the wind.

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News