Details

Autor(en) / Beteiligte

• Bratanova, Alexandra
• Robinson, Jacqueline
• Wagner, Liam

Titel

New technology adoption for Russian energy generation: What does it cost? A case study for Moscow

Ist Teil von

• Applied energy, 2016-01, Vol.162, p.924-939

Ort / Verlag

Elsevier Ltd

Erscheinungsjahr

2016

Link zum Volltext

Quelle

Alma/SFX Local Collection

Beschreibungen/Notizen

• •Power generation cost is modelled for a Russian region under two gas price scenarios.•Conventional, new and renewable technologies are compared based on levelised cost.•Regional energy system is shown to be crucially dependent on natural gas prices.•We conclude that new gas-fired technology adoption is feasible and cost-competitive.•Biomass demonstrates cost competitiveness, whereas solar appears infeasible. Russia is frequently referred to as a country with substantial energy efficiency and renewable energy potential. In 2000–2008 energy-gross domestic product (GDP) ratios were improved by 35%, however, the contribution of technological progress accounts for only 1% of the energy-GDP ratio reduction. At the same time, although new policy mechanisms to stimulate renewable energy development have been recently introduced, renewable technology deployment has not yet taken off. Economic theory suggests that there is no better incentive for industry development than cost signals. This paper adapts the levelised cost of energy methodology to examine the cost structures associated with electricity generation by conventional and new technology types for a Russian region (Moscow). The model, run for two fuel price scenarios, allowed us to conclude that the regional energy supply system is heavily dependent on the natural gas price and that the diversification provided by technology development will be beneficial for the energy security of the region. We conclude that new and renewable technologies become cost-effective for electricity generation as domestic natural gas prices reach parity with export prices. However, strong political and financial support is needed to boost technological development and renewables application in Russia.