Does renewable energy redefine geopolitical risks?

The article analyzes the dynamics of consumption of primary energy and production of electrical energy in the world for 1973-2012 and the volume of renewable energy. It is shown that in the crisis year of 20 0 9 there was a significant reduction in primary energy consumption and production of electrical energy. At the same time, renewable energy has developed rapidly, well above the rate of the world economy growth. The development of renewable energy is one of the most effective ways out of the crisis, taking into account its production regime, energy, environmental, social and economic efficiency. The forecast for the development of renewable energy for the period up to 2020, compiled by the IEA, is analyzed. It is shown that its assessment rates are conservative; the authors justify higher rates of development of renewable energy.

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Overcoming stereotypes of renewable energy

Voprosy Ekonomiki ◽

10.32609/0042-8736-2019-4-124-136 ◽

2019 ◽

pp. 124-136

Author(s):

Victor D. Gazman

Keyword(s):

Renewable Energy ◽

Empirical Analysis ◽

Energy Generation ◽

New Paradigm ◽

Financial Instrument ◽

Promising Direction ◽

Investment Projects ◽

Power Stations ◽

New Generation ◽

The Impact

The article considers prerequisites for the formation of a new paradigm in the energy sector. The factors that may affect the imminent change of leadership among the energy generation are analyzed. The variability of the projects of creation and functioning of power stations is examined. The focus is made on problematic aspects of the new generation, especially, storage and supply of energy, achieving a system of parity that ensures balance in pricing generations. The author substantiates the principles of forming system of parities arising when comparing traditional and new generations. The article presents the results of an empirical analysis of the 215 projects for the construction of facilities for renewable energy. The significance and direction of the impact of these factors on the growth in investment volumes of transactions are determined. The author considers leasing as an effective financial instrument for overcoming stereotypes of renewable energy and as a promising direction for accelerated implementation of investment projects.

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Consideration of Geopolitical Challenges within the Analysis of Geoenvironmental Risks for Oil and Gas Development of the Russian Arctic

Issues of Risk Analysis ◽

10.32686/1812-5220-2019-16-6-50-59 ◽

2019 ◽

Vol 16 (6) ◽

pp. 50-59

Author(s):

O. P. Trubitsina ◽

V. N. Bashkin

Keyword(s):

Oil And Gas ◽

Oil And Gas Industry ◽

Optimal Operation ◽

The Arctic ◽

Stage Model ◽

Oil And Gas Development ◽

Gas Industry ◽

The Impact ◽

Further Development ◽

Geopolitical Risks

The article is devoted to the consideration of geopolitical challenges for the analysis of geoenvironmental risks (GERs) in the hydrocarbon development of the Arctic territory. Geopolitical risks (GPRs), like GERs, can be transformed into opposite external environment factors of oil and gas industry facilities in the form of additional opportunities or threats, which the authors identify in detail for each type of risk. This is necessary for further development of methodological base of expert methods for GER management in the context of the implementational proposed two-stage model of the GER analysis taking to account GPR for the improvement of effectiveness making decisions to ensure optimal operation of the facility oil and gas industry and minimize the impact on the environment in the geopolitical conditions of the Arctic.The authors declare no conflict of interest

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