Proceedings of the External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019)

Prospects of Alternative Energy and Shale revolution in Russia: Statistical Analysis

Authors
Natalya N. Sadovnikova, Leysan A. Davletshina, Vladimir I. Kuznetsov, Larisa N. Demidova, Olga A. Zolotareva
Corresponding Author
Natalya N. Sadovnikova
Available Online December 2019.
DOI
10.2991/icefb-19.2019.4How to use a DOI?
Keywords
Alternative energy; shale oil; Russia; prospects; economic evaluation; LCOE
Abstract

The Russian energy market is one of the most developed in the world; and Russia is one of the biggest oil and gas exporters. The market transition to alternative energy and shale oil is very slow and insignificant. The modernization of the energy market dictates the needs to change the national markets. In this regard, the discussion of the alternative energy and shale oil development in Russia is very important. The authors attempt to reveal the key factors, contributing to such a situation in Russia and to estimation of the economic effects of the implementation of the new energy sources on the country’s energy market. The main finding of the paper is that the majority of energy consumers in Russia will suffer in terms of finances from the alternative energy development and shale oil extraction.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2019
ISBN
978-94-6252-853-6
ISSN
2352-5428
DOI
10.2991/icefb-19.2019.4How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Natalya N. Sadovnikova
AU  - Leysan A. Davletshina
AU  - Vladimir I. Kuznetsov
AU  - Larisa N. Demidova
AU  - Olga A. Zolotareva
PY  - 2019/12
DA  - 2019/12
TI  - Prospects of Alternative Energy and Shale revolution in Russia: Statistical Analysis
BT  - Proceedings of the External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019)
PB  - Atlantis Press
SP  - 13
EP  - 16
SN  - 2352-5428
UR  - https://doi.org/10.2991/icefb-19.2019.4
DO  - 10.2991/icefb-19.2019.4
ID  - Sadovnikova2019/12
ER  -