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dc.contributor.authorKozlova, Mariia
dc.contributor.authorCollan, Mikael
dc.contributor.authorOverland, Indra
dc.date.accessioned2020-06-29T08:47:19Z
dc.date.available2020-06-29T08:47:19Z
dc.date.issued2020
dc.identifier.isbn9780429450891en_US
dc.identifier.urihttps://library.oapen.org/handle/20.500.12657/39900
dc.description.abstractThis chapter reviews the development of the legal framework for renewable energy in Russia and discusses the current state of renewable energy in the country. The Russian support scheme for renewable energy is elaborated in detail for both the wholesale and retail energy markets, and the outcomes of the policy are assessed based on the current state of renewable energy in Russia. Russia has introduced an unusual scheme to promote renewable energy: compensating investments in capacity installed and guaranteeing investors a certain return on their investments. This instrument is known in the literature as a ‘capacity-based mechanism’ or simply a ‘capacity mechanism’. The capacity mechanism also imposes some restrictions and incentives to motivate renewable-energy production and attempts to minimise the cost burden of the subsidies on the taxpayer. Renewable-energy investments in other countries are commonly supported by paying projects for the electricity produced, rather than the installed capacity. The Russian approach has practical relevance from the policymakers’ perspective because, in contrast to conventional power plants that can be operated non-stop to produce electricity, many forms of renewable energy are not able to guarantee production on command. Paying for actual electricity production encourages investors to select appropriate sites for renewable energy generation. However, the Russian case demonstrates that renewables can also be supported through installed capacity. In this chapter, we present a short overview of Russian renewable-energy policy, review the academic literature on this topic, and analyse the outcomes of the policy in terms of the current state of renewable energy in Russia, paying particular attention to the effect of the capacity mechanism.en_US
dc.languageEnglishen_US
dc.subject.classificationthema EDItEUR::L Law::LA Jurisprudence and general issuesen_US
dc.subject.classificationthema EDItEUR::L Law::LB International lawen_US
dc.subject.classificationthema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNC Company, commercial and competition law: general::LNCR Energy and natural resources lawen_US
dc.subject.otherenergy lawen_US
dc.subject.otherrenewable energyen_US
dc.subject.otherrenewable energy in Russiaen_US
dc.titleChapter 12 Russian Renewable Energyen_US
dc.title.alternativeRegulations and outcomesen_US
dc.typechapter
oapen.relation.isPublishedBy7b3c7b10-5b1e-40b3-860e-c6dd5197f0bben_US
oapen.relation.isPartOfBook6b2d21b1-ab3c-45a1-bb42-d5b19e58f3c1en_US
oapen.imprintRoutledgeen_US
oapen.pages18en_US
oapen.remark.public3-8-2020 - No DOI registered in CrossRef for ISBN 9781138324459
peerreview.anonymitySingle-anonymised
peerreview.idbc80075c-96cc-4740-a9f3-a234bc2598f1
peerreview.open.reviewNo
peerreview.publish.responsibilityPublisher
peerreview.review.stagePre-publication
peerreview.review.typeProposal
peerreview.reviewer.typeInternal editor
peerreview.reviewer.typeExternal peer reviewer
peerreview.titleProposal review


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