A Step Forward for Renewables Development in Russia

First review of the Russian wind energy market was recently published by RAWI

Russia has huge potential for developing renewable energy. However, until now, nothing much has happened, primarily due to the vast reserves of conventional energy resources, such as gas, coal and oil – in addition to lack of political interest and of legislative framework to support renewable energy development.

However, earlier this month the Russian government approved new measures to support renewable energy. On 4 October, the Russian Prime Minister Dmitry Medvedev signed a decree with legislative measures expected to be implemented in the second quarter of 2013. The measures include targets for each renewable energy technology together with a support system based on feed-in tariffs and renewables certificates; some local content measures are also likely to be put in place.

According to RAWI’s (Russian Association of Wind Power) recently released report the total installed capacity for wind projects under different stages (including feasibility) of development account for 3,000 MW and total installed capacity for all announced projects add up to 10,000 MW[1]. Most of the projects are located in the south and north-western part of Russia. Development of renewable energy, and wind energy in particular, is needed in remote regions to prevent energy shortages and to avoid additional fuel transport costs in a vast country like Russia. The Russian large hydro resource also makes wind a perfect fit in the mix.

The first review of the Russian wind energy market published by RAWI is available from www.rawi.ru. The 4th RAWI Wind Power Conference will take place on 19 November in Moscow focusing on the current state of play of the Russian wind power industry as well as on assessing short- and mid-term prospects for wind energy development in the country.

[1] April 2012