The impact of renewable energy on the country’s economic growth

DOI: 10.33917/mic-6.113.2023.89-94

Efficient use of energy is a prerequisite for economic development. The article identifies the relationship between economic growth and the use of renewable energy sources. The study shows that renewable energy contributes to economic growth for both developing and developed countries.

References: 

1. Armeanu D.S., Joldes C.C., Gherghina S.C., Andrei J.V. (2021). Understanding the Multidimensional Linkages Among Renewable Energy, Pollution, Economic Growth and Urbanization in Contemporary Economies: Quantitative Assessments across Different Income Countries’ Groups. Renew. Sustain. Energ. Rev. 142. doi:10.1016/j.rser.2021.110818

2. Baniya B., Giurco D., Kelly S. (2021). Green Growth in Nepal and Bangladesh: Empirical Analysis and Future Prospects. Energy Policy 149. doi:10.1016/j.enpol.2020.112049

3. Come Zebra E. I., van der Windt H. J., Nhumaio G., Faaij A.P. (2021). A Review of Hybrid Renewable Energy Systems in Mini-Grids for Off-Grid Electrification in Developing Countries. Renew. Sustain. Energ. Rev. 144. doi:10.1016/j.rser.2021.111036

4. Doytch N., Narayan S. (2021). Does Transitioning towards Renewable Energy Accelerate Economic Growth? an Analysis of Sectoral Growth for a Dynamic Panel of Countries. Energy 235. doi:10.1016/j.energy.2021.121290

5. Jenniches S. (2018). Assessing the Regional Economic Impacts of Renewable Energy Sources — A Literature Review. Renew. Sustain. Energ. Rev. 93 (October), pp. 35–51. doi:10.1016/j.rser.2018.05.008

6. Ogonowski P. (2021). Application of VMCM, to Assess of Renewable Energy Impact in European Union Countries. Proced. Comput. Sci. 192, pp. 4762–4769. doi:10.1016/j.procs.2021.09.254

7. Shrinkhal R. (2019). «Economics, Technology, and Environmental Protection», in Phytomanagement of Polluted Sites (Amsterdam: Elsevier), pp. 569–580. doi:10.1016/B978-0-12-813912-7.00022-3

On changes in promising trends in the ratio of annual increases in global GDP and global demand for oil and energy

DOI: 10.33917/mic-6.113.2023.76-88

Forecasts are given for 2023–2028 global demand for oil and energy, as well as real GDP growth by region of the world. The linear regression models developed by the authors and graphs of the relationship between the annual growth rate of global GDP and the annual growth rate of global oil and energy demand are presented.

According to the authors, the fight against inflation by the US Federal Reserve and the Central Bank of Europe through raising interest rates leads to a decrease in investment and a decrease in the growth rate of GDP in the US and Europe.

References: 

1. «Prospects for the development of the world economy».  World Bank report dated June 05,2023. URL:  https://www.vsemirnyjbank.org/ru/publication/global- economic-prospects

2. The Central Bank kept the key rate at 7,5%

for the fifth time in a row. KOMMERSANT dated04/28/2023. URL: https://www.kommersant.ru/doc/5955429

3. The economy is reaching a plateau. GDP monitoring. KOMMERSANT dated 08/04/2023.

URL: https://www.kommersant.ru/doc/6138316

4. EDB macro forecast 2023–2025: economic growth forecast has been improved for all countries in the region. URL: https://eabr.org/press/releases/makroprognoz-eabr-2023–2025-prognozekonomicheskogo-rosta- uluchshen-dlya-vsekhstran-regiona/

5. IEA «Oil 2023 Analysis and forecast to 2028». June 2023. URL: https://www.iea.org/reports/oil-2023

6. IEA «World Energy Outlook 2022». URL:

https://iea.blob.core.windows.net/assets/830fe099–5530–48f2-a7c1–11f35d510983/WorldEnergyOutlook2022.pdf

Energy and Climate Change: Modeling the Relationship

DOI: https://doi.org/10.33917/es-5.185.2022.138-145

Assessing feasibility and possible consequences of integrated energy consumption regulation requires the creation of hybrid model complexes that combine climate modeling, energy modelling and economic modeling as well as investment in the development of certain technologies and areas. These model complexes allow to build various long-term development scenarios for the world and individual regions and countries, to assess the impact of introduced policies and regulation methods on all stakeholders and on the economy and public welfare in general. The paper describes the basic approaches to modeling and also considers in detail the European set of models and the main results that it provides at the output. Taking into account this foreign experience in developing assessments of the economic consequences of climate change and decarbonization, according to the author, will be useful for Russia.

References:

 

1. Parizhskoe soglashenie [Paris Agreement]. Organizatsiya Ob”edinennykh Natsii, available at: https://www.un.org/ru/climatechange/paris-agreement.

2. Energoperekhod i riski dlya Rossii [Energy Transition and Risks for Russia]. Neftegazovaya vertikal’, 2021, 13 marta, available at: http://www.ngv.ru/magazines/article/energoperekhod-i-riski-dlya-rossii/

3. Boiko A.N. Gosudarstvennaya korporatsiya “Rosatom”: unikal’naya forma vnutrisistemnogo upravleniya i khozyaistvovaniya [“Rosatom” State Corporation: a Unique Form of Intra-System Control and Management]. Menedzhment i biznes-administrirovanie, 2020, no 4, pp. 25–36.

4. Kpasyukova N.L. Otsenka innovatsionnoi sostavlyayushchei chelovecheskogo kapitala Nizhegorodskoi oblasti [Evaluating the Innovation Component of the Human Capital of the Nizhny Novgorod Region]. Samoupravlenie, 2021, no 4(126), pp. 420–427.

5. Britz W., Ittersum М., van, Lansink A.O., Heckelei T. Tools for integrated assessment in agriculture. State of the art and challenges. Bio-based and Applied Economics, 2012, N 1(2), pp. 125–150, available at: DOI: https://doi.org/10.13128/BAE-11232.

6. Jansson T., Britz W. Sequential calibration of economic simulation models, the cases of CAPRI and a CAPRI-GTAP link. Paper presented at the Annual Conference on Global Economic Analysis, Bangkok, Thailand, June 9–11, 2010, available at: https://www.gtap.agecon.purdue.edu/resources/download/4991.pdf.

7. Jacoby H.D., Sch fer A. Experiments with a hybrid CGE-MARKAL model. Energy Journal, 2006, N 27, pp. 171–178.

8. Lanz B., Rausch S. General equilibrium, electricity generation technologies and the cost of carbon abatement: A structural sensitivity analysis. Energy Economics, 2011, N 33, pp. 1035–1047.

9. Weitzel M., Vandyck T., Keramidas K., et a1. Model-based assessments for long-term climate strategies. Nat. Clim. Chang., 2019, N 9, pp. 345-347, available at: DOI: https://doi.org/10.1038/s41558-0l9-0453-5.

10. Wene CO. Energy-economy analysis: linking the macroeconomic and systems engineering approaches. Energy, 1996, N 21(9), p. 809e24.

Energy-Informational Cosmism of Russia

DOI: https://doi.org/10.33917/es-5.185.2022.60-65

Earth and space are fractal partners of the world system, whose structural, functional properties and characteristics are similar. They are equally subject to general laws of vital functions and cyclic development, mutual transformation of substance, energy and information, in the process of interaction and evolution generating common space-time categories, common material, biophysical and noospheric formations.

References:

 

1. Fursa E.Ya. Mirozdanie — mir voln, rezonansov i… nichego bolee [Universe is a World of Waves, Resonances and … Nothing More]. Minsk, UniversalPress, 2007, 480 p.

2. Tsiolkovskii K.E. Put’ k luchistomu Chelovechestvu [Path to Radiant Humanity]. Khimiya i zhizn’, 1977, no 1.

3. Chizhevskii A.L. Zemlya i Kosmos. Zemnoe echo kosmicheskikh bur’ [Earth and Space. Terrestrial Echo of Space Storms]. Moscow, Akademicheskii proekt, 2015, 272 p.

4. Bushuev V.V., Kopylov I.P. Energokosmizm Rossii [Energy Cosmism of Russia]. Moscow, Energiya, 2003, 140 p.

5. Bushuev V.V. Energiya i sud’ba Rossii [Energy and the Fate of Russia]. Moscow, Energiya, 2014, 292 p.

6. Bushuev V.V., Klepach A.N., Pervukhin V.V. Tsikly rossiiskoi (vostochno-evraziiskoi) tsivilizatsii [Cycles of Russian (East Eurasian) Civilization]. Moscow, Energiya, 2020, 102 p.

7. Tulupov A.V. Rod Severa. Russkie giperboreitsy [Genus of the North. Russian Hyperboreans]. Moscow, Algoritm, 2013, 528 p.

8. Dobrocheev O.V. Mekhanika ochen’ bol’shikh sistem prirody, zhizni i razuma [Mechanics of Very Large Systems of Nature, Life and Mind]. Moscow, TEIS, 2019.

9. Ivanov Yu.N. Ritmodinamika [Rhythmodynamics]. Moscow, Energiya, 2007, 221 p.

10. Bushuev V.V. Osnovy energologii [Energology Fundamentals]. Moscow, Energiya, 2020.

11. Kaznacheev V.P. Mysli o budushchem. Intellekt, golograficheskaya Vselennaya Kozyreva [Thoughts about the Future. Intelligence, Kozyrev’s Holographic Universe]. Novosibirsk, Sibirskoe nauchnoe izdatel’stvo, 2008, 192 p.

12. Chizhevskii A.L. Kosmicheskii pul’s zhizni [Cosmic Pulse of Life]. Moscow, Mysl’, 1995, 766 p.

13. Klepach A.N., Dobrocheev O.V. Ansambl’ ekonomicheskikh voln ili turbulentnaya gipoteza ekonomiki [Ensemble of Economic Waves or Turbulent Hypothesis of the Economy]. Filosofiya khozyaistva, 2015, no 6, pp. 180–191.

14. Balakshin O.B. Garmoniya samorazvitiya v prirode i obshchestve: podobie i analogii [Harmony of Self-development in Nature and Society: Similarities and Analogies]. Moscow, URSS; Izd-vo LKI, 2008, 341 p.

Modeling of conceptual principles for the formation of an energy strategy for natural gas consumption by industrial enterprise

DOI: 10.33917/mic-5.94.2020.26-38

A study of the methodological and methodological aspects of managing economic processes allowed the authors to determine the basic conceptual principles for the formation of an energy strategy for the use of natural gas in industrial enterprises and distribute them into groups. This article presents the author’s classification of the system of principles for the formation of an energy-efficient strategy for using natural gas at an industrial enterprise, analyzes the principles considered on this issue, which allowed them to be combined into the following target groups: organizational, economic, financial, environmental, technological, methodological and specific. The authors propose, formulate and justify two new specific principles for the formation of an energy strategy: the risk principle of the energy strategy and the principle of reorganization of energy chains of natural gas consumption by an enterprise. For most of the principles presented, regression models have been developed for their quantitative assessment. Conclusions are made regarding the proposed classification of principles, according to which all principles are of equal importance in the implementation of the energy strategy and should be implemented and investigated simultaneously.

Philosophy of Space and Time by P.N. Savitsky and L.N. Gumilev

#5. Longstanding Generation
Philosophy of Space and Time by P.N. Savitsky and L.N. Gumilev

The article analyzes the philosophy of space and time attempting to show the difference in approaches to the problem of time among Western and Russian philosophers. Western philosophy sought to understand time through psychologism. The extreme expression of the Western psychological are manifest in the concepts developed by St. Augustine and Kant. Augustine believed that time exists only in the human soul, while Kant believed that time and space are forms of perception of reality that cannot fully be grasped. Russian philosophy, in contrast, has aspired to ontologism. In the 20th century the Eurasians conceived of an original concept of a transformed ontology, thus creating their own version of a philosophy of space and time. This outlook had direct links to the discovery of quantum physics. Pyotor Savitsky believed that time absorbs and releases energy and that energy triggers the process of history. Based on this concept of energy, Lev Gumilev developed a historical concept and theory of ethnogenesis, the formation of national identity.

C3 Strategy for Deeper EU-EAEU Economic Integration

#3. For Nothing, or an Invisible Threat
C3 Strategy for Deeper EU-EAEU Economic Integration

This article summarizes the results of the International Youth Forum “Future of Eurasian and European Integration: Foresight — 2040”, regarding the economic integration within the European, Eurasian and Asian space. The high interdependence of European and Eurasian markets especially, make strong social and political relations essential in achieving long run economic development, growth and stability in the region. Consequently, this report proposes a C3 strategy encompassing the ideals of Cooperation, Compatibility and Competition in encouraging and facilitating the exchange of goods and services across the EU-EAEU and Asia (China). Specifically, it highlights four main sectors — Transport and Infrastructure, Finance, Technology and Energy through which the C3 strategy could potentially increase economic integration in the EU-EAEU and Asian space by 2040.

Overview of Economic and Trade Relations Between Kazakhstan and the European Union: Current Trends and Prospects

#3. Attraction of Diversity
Overview of Economic and Trade Relations Between Kazakhstan and the European Union: Current Trends and Prospects

The European Union (EU) and Kazakhstan have established close economic and trade relations much thanks to EU Strategy for Central Asia and Kazakh state program Path to Europe. Bilateral trade have been growing steadily since 2002. Today EU is Kazakhstan’s first trade partner with annual turnover of ,1 billion representing a half of the country total trade in 2016 and the largest investor, ahead of Russia and China. EU imports from Kazakhstan are dominated by energy (minerals, fuels) products. The main EU exports to Kazakhstan include machinery and transport equipment, other manufactured goods and chemicals. In 2015 Kazakhstan has joined WTO with the EU consistently supporting Kazakhstan’s accession. Over the past two decades, Kazakhstan and EU have developed a strong and mutually beneficial energy cooperation. Major EU-based energy companies have significant investments in the Kazakh oil and gas industry. Currently, around 70% of Kazakhstan oil exports go to Europe, corresponding to 6.5% of the EU total oil imports. The 2017-address by the President Nursultan Nazarbayev comprise an industrial strategy aimed at modernizing Kazakhstan’s economy by diversifying it away from overdependence on extractive industries, targeting R&D and joining the top 30 most developed countries by 2050. Therefore Enhanced Partnership and Cooperation Agreement signed in 2015 offers new opportunities for Kazakhstan and EU and could be interesting for partners in the Eurasian Economic Union.

The World Oil Prices Decline: Will Russia Sustain Macro-Organized Instability Translated From Abroad?

#10. Russia Concentrates?
The World Oil Prices Decline: Will Russia Sustain Macro-Organized Instability Translated From Abroad?

Macro-strategic game of world actors around the oil prices — is not a matter of business, it is a matter of global domination. If Russia sustains translated from abroad strategic trend of macro-organized instability in the form of geo-manipulated oil prices decline, it will mean that the Russian model is not inferior to the US and the EU ones as the main models of forming basic segments of society that finally confirms our status: return among the great powers. Statement of the new forces alignment in the global economy: a legal succession of modern Russia (Third Rome) from the Byzantine, then the Russian Empire and the Soviet Union as one of the world’s key political, economic and civilizational centers has occurred.