In the new Energy Bulletin, the experts of the Analytical Center evaluated the trends and aspects for the governmental measures in support of renewable energy generation.
The authors write that the success of RES generation in the world is obvious—in 2017 its size reached 2,195 GW, of which 1,081 GW is hydraulic power. The development of renewable energy sources on a global scale has become a necessity due to intensive growth of economies of developing countries. According to the experts, the previous energy supply methods did not allow humankind to cope with the active development of countries where 80% of the world's population lives. The need to reduce greenhouse gas emissions is of current concern.
The bulletin states that the higher level of transition to renewable energy is mainly related to subsidy assistance systems. At the same time, the policy for stimulating renewable energy is country-specific. Thus, according to the experts, countries may have green quotas, special tariffs, and auctions for renewable energy sources. In the future, the role of renewable energy should be strengthened in order to reach a competitive basis.
The experts believe that Russia began actively shaping its RES policy in the 2010s only, however, it has brought some results already. This governmental support is unique because it is focuses at subsidizing the construction, not the tariff. The authors write that the existing system is aimed at solving two main tasks: development of own renewable energy generation technologies and establishment of production of the specialized equipment as well as energy supplies to domestic and foreign markets. At the same time, in their opinion, the role of renewable energy can be especially important in Russia given the technological progress to ensure distributed consumption, supply to remote and isolated consumers.
The experts note that digitalization of the Russian energy and utilities sector involves gradual installation of smart sensors to measure the volume and dynamics of resource consumption. This data can be used by both resource suppliers and third parties for research activities and decision-making on optimizing resource consumption at the national level. However, this implies a constant collection of relevant information from the meters and some intrusion into the consumer's private life, which is not yet regulated by the Russian legislation.
For more information, see the bulletin Support for RES Generation: Trends and Opportunities.
Other energy bulletins can be found here.