Russia has potential to be very competitive in renewable energy market

nuclear-news

flag_RussiaRussia can be one of the most energy-competitive areas based on renewables, EurekAlert, 30 d3ec15 LAPPEENRANTA UNIVERSITY OF TECHNOLOGY A fully renewable energy system is achievable and economically viable in Russia and Central Asia in 2030. Researchers from Lappeenranta University of Technology (LUT) modelled a renewable energy system for Russia and Central Asia. Results show that renewable energy is the cheapest option for the continent and can make Russia a very energy competitive region in the future.

According to the research, a 100 percent renewable energy system for Russia and Central Asia would be roughly 50 percent lower in cost than a system based on latest European nuclear technology or carbon capture and storage. Renewable energy covers electricity and industrial natural gas demand, not, for example, transport or heating.

« We think that this is the first ever 100% renewable energy system modelling for Russia and Central Asia. It demonstrates that Russia…

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