Wind power potential in Russia : barriers and opportunities
Pirozhenko, Konstantin (2019)
Pirozhenko, Konstantin
2019
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2019111421203
https://urn.fi/URN:NBN:fi:amk-2019111421203
Tiivistelmä
The objective of the study was to determine the current state of the country's wind energy sector and to identify future trends regarding this industry. In this paper was considered a relatively new way of generating electricity for the selected target market in Russia - wind energy. Today’s Russia makes it possible to exchange technologies and apply innovations in various spheres of society. For foreign manufacturers producing components of wind turbines, it is necessary to clearly understand the advantages and disadvantages of the Russian macroeconomic environment when deciding to enter the market.
The structure of the theoretical part of the study consists of an analysis of the Russian energy sector in general perspective along with the PESTEL Analysis. The first part considers factors such as the share of renewable energy in the country as well as the main operating organizations in wind energy and their development strategies while the second part provides a comprehensive overview of the business environment with a focus on the most influential aspects. The information base of the theoretical part was selected from various literary sources, articles together with leading news portals of Russia. The composition of the empirical part includes the results of an interview with a representative of a foreign company manufacturer of wind turbine components in Russia together with an email interview of the Russian Association of Wind Energy member.
The results of the study show clear political constraints in terms of renewable energy. The vague policy at this stage does not allow to reveal the full wind turbine potential in Russia. In terms of opportunities, the high potential regarding the installed capacity as well as support from the Russian Association of Wind Energy. In general, Russia represents a good direction for large manufacturers of wind turbines, since they can take possible risks and successfully put forward production facilities in the country.
The structure of the theoretical part of the study consists of an analysis of the Russian energy sector in general perspective along with the PESTEL Analysis. The first part considers factors such as the share of renewable energy in the country as well as the main operating organizations in wind energy and their development strategies while the second part provides a comprehensive overview of the business environment with a focus on the most influential aspects. The information base of the theoretical part was selected from various literary sources, articles together with leading news portals of Russia. The composition of the empirical part includes the results of an interview with a representative of a foreign company manufacturer of wind turbine components in Russia together with an email interview of the Russian Association of Wind Energy member.
The results of the study show clear political constraints in terms of renewable energy. The vague policy at this stage does not allow to reveal the full wind turbine potential in Russia. In terms of opportunities, the high potential regarding the installed capacity as well as support from the Russian Association of Wind Energy. In general, Russia represents a good direction for large manufacturers of wind turbines, since they can take possible risks and successfully put forward production facilities in the country.