Russia's Energy Efficiency Policies in the Industry Sector: Critical Perspectives

Authors

  • Aleksei Valentinovich Bogoviz Federal Research Center of Agrarian Economy and Social Development of Rural Areas – All Russian Research Institute of Agricultural Economics, Moscow, Russia http://orcid.org/0000-0002-6667-5284
  • Svetlana Vladislavlevna Lobova Altai State University, Barnaul, Russia
  • Yulia Vyacheslavovna Ragulina Federal Research Center of Agrarian Economy and Social Development of Rural Areas – All Russian Research Institute of Agricultural Economics, Moscow, Russia
  • Alexander Nikolaevich Alekseev Plekhanov Russian University of Economics Russia, Moscow, Russia

Abstract

The paper critically reviews the existing energy efficiency policies in the Russian industry sector with the purpose of analyzing their current state, processes of implementation, and main limitations and drawbacks. In particular, we focus on the most energy intensive industries: (a) ferrous metallurgy, (b) building materials production, (c) pulp and paper industry, and (d) fertilizer production. The paper carefully reviews the existing energy efficiency policies in Russia's industry since 2008, focusing on the following dimensions: (a) government management system, (b) technological regulation, (c) financial incentives and funding, (d) supporting mechanisms. Then, on the basis of the data collected according to the methodology used by the Ministry of Energy of Russia, an analysis of energy efficiency performance in industry is conducted. Last, we critically discuss the results obtained, emphasize overall directions of the energy efficiency policies, and outline main limitations the methodology used by the Ministry of Energy of Russia to evaluate energy efficiency performance in the industry sector has.

Keywords: Energy Efficiency, Industry, Russia.

JEL Classifications: Q43, Q48, L60.

DOI: https://doi.org/10.32479/ijeep.7005

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Published

2018-10-28

How to Cite

Bogoviz, A. V., Lobova, S. V., Ragulina, Y. V., & Alekseev, A. N. (2018). Russia’s Energy Efficiency Policies in the Industry Sector: Critical Perspectives. International Journal of Energy Economics and Policy, 8(6), 48–58. Retrieved from https://www.econjournals.com/index.php/ijeep/article/view/7005

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