title: Strategies for the development of the Russian energy industry in the conditions of climate challenges and geopolitical instability
metadata.name: dc.contributor.author
metadata.value: Vetrova, Maria A.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Pakhomova, Nadezda V.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Richter, Kurt Knut
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2024-03-27T17:14:03Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2024-03-27T17:14:03Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2023-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Vetrova, M. A., Pakhomova, N. V. and Richter, K. K. (2023) ‘Strategies for the development of the Russian energy industry in the conditions of climate challenges and geopolitical instability’, St. Petersburg University Journal of Economic Studies, 39 (4), pp. 439–469. https://doi.org/10.21638/spbu05.2023.401 (In Russian)
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2023.401
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/45136
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The complication of the geopolitical situation, the growth of crisis processes, including in the
  energy and food sectors, the return of a number of “old” problems as significant, including
  increased inflation, rising cost of living, trade wars, large-scale social protests, etc., to a certain
  extent distracted the attention of states from solving the problems of the climate agenda.
  Against this background, it was not possible to overcome the trend towards an increase in
  greenhouse gas (GHG) emissions, with a special role in this energy. As a result, the achievement
  of the milestones agreed in Paris in 2015 to keep the temperature of the atmospheric air
  on the planet within the limits of an increase of 2 °C, with the most preferable option of 1.5 °C,
  was jeopardized. The complexity of the current climate situation and doubts about its easing in
  the application of traditional approaches stimulate a rethinking of the landmarks and instruments
  of climate policy and the energy transition associated with it at the global, subregional
  and national levels, as well as in strategic business decisions. Of particular interest in this
  context as a kind of benchmarking are the efforts of countries and regions that seek to take a
  leading position in these processes. As for Russia, the current situation, including uncertainty
  in the energy markets and price volatility, jeopardizes the export revenues of the budget and
  Russian companies, and the continued relevance of the climate agenda to reduce GHG emissions
  in the face of sanctions pressure and lack of access to the best available decarbonization
  technologies complicate green energy transition. In this context, the article examines the new
  accents of climate policy, reveals the leading priorities of the measures being implemented in
  Russia to adapt to the challenges of the green energy transition, and analyzes ways to update
  the Russian energy development strategy. Particular attention is paid to the substantiation and presentation of the author’s concept of alternative macro-scenarios for the development of the
  Russian energy sector and the development of the highest priority strategies for Russian fuel
  and energy enterprises to maintain their competitive positions in the face of structural shifts
  and the implementation of a moderate energy transition option.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: This work was supported by the St. Petersburg State University research grant, project No. GZ_
  MDF_2023‑1, pure ID 101662710.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 39; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: global risks
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: climate policy
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: energy transition
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: regulatory regime
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: energy sector
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: structural changes
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: CCUS technologies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: low-carbon business strategies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: geopolitical instability
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: new factors of competitiveness
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Strategies for the development of the Russian energy industry in the conditions of climate challenges and geopolitical instability
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 01.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/45136/1/01.pdf
resources.format: Adobe PDF
resources.size: 1,43 MB