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.


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/

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.


1. «Prospects for the development of the world economy».  World Bank report dated June 05,2023. URL: 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:

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


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

5. IEA «Oil 2023 Analysis and forecast to 2028». June 2023. URL:

6. IEA «World Energy Outlook 2022». URL:–5530–48f2-a7c1–11f35d510983/WorldEnergyOutlook2022.pdf

Renewable Energy Development Support Program: how are things going?

DOI: 10.33917/mic-5.112.2023.85-93

The program to support the development of renewable energy sources on the territory of the Russian Federation (hereinafter referred to as DMP RES 2.0) is analyzed. The calculation of the current cost of installing renewable generation facilities, included in the two generations of the state program of CSA RES, is carried out. The resulting calculation allows the article to compare the current market state and cost of solar and wind generation projects in Russia in comparison with international practice. In addition, the article outlines a path to achieve grid parity in the cost of electricity from renewable energy sources, taking into account the current situation. Based on the work done, recommendations are given on the way to develop a support system for renewable energy in Russia.


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4. Rodygina N.Yu., Rudanets V.S. Methods of state regulation and instruments of state support for renewable energy sources in Russia and abroad. Education and Law. 2023;7:69-76. (In Russ.).
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Medium-term prospects for the development of the coal mining industry in the Russian Federation

DOI: 10.33917/mic-5.112.2023.72-84

Considered the main provisions of international agreements that limit the use of such an energy resource as coal. The authors analyzed the real situation with the production, import and consumption of other types of energy resources, such as oil and gas, which has led to the fact that the volume of production and supply of coal in the Russian Federation to domestic and foreign (foreign) client markets is practically not reduced. According to the plan developed by the Government of the Russian Federation, the development of coal mining and the entire coal industry will develop in three stages until 2035. The tasks of the first stage are now being implemented. In addition to the further development of old fields, work will be carried out to find and develop new fields according to two development scenarios – conservative and optimistic. Both scenarios assume an increase in the volume of exported coal to those countries that are the main consumers of coal – the People’s Republic of China and the Republic of India. In 2023, the Republic of Turkey joined these countries, where coal imports are only 10% less than in the Republic of India and 45% less than in the People’s Republic of China. In order to increase the supply of coal to the countries of the Asia-Pacific region, it is planned to further develop the Baikal-Amur and Trans-Siberian Railways, as well as the construction of railway and water routes for the delivery of goods, including coal, along the North-South transport corridor to the seaport in Mumbai in the Republic of India. In addition, the Northern Sea Route from Murmansk to the ports of China will be developed. Consequently, the revenues of the federal budget of the Russian Federation from coal exports will not decrease, despite the promotion of Green Energy by foreign countries.


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On the transfer of Russian oil and gas exports from Europe to Asia

DOI: 10.33917/mic-4.111.2023.69-72

An analysis is given of significant changes in the export of energy resources from Russia, taking into account the global economic recession and the warm winter in Europe in comparison with 2022. It is noted that in 2023 there was a sharp change in the export flows of oil and gas from Europe to Asia (China and India), after the introduction of the EU price ceiling for Russian oil. Europe has switched to coal for power plants and buying more expensive LNG from the US instead of Russian gas.


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2. Oil market, OPEC+, new markets and gasification // Neftegaz.RU. URL:

Forecast of economic development and energy consumption in Russia and abroad in the medium term

The article analyzes the development of the economy and the consumption of energy resources for the coming years in Russia and abroad. The role of energy resources in the growth of prices in 2022 in the EU countries is shown. An increase in the export of energy resources from Russia to Asia (China, India) was noted, with a significant decrease in oil and gas supplies to Europe. The impact of the Russian oil price ceiling on the budget in 2023 is assessed. The results of the Davos Forum in January 2023 are analyzed.


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3. Alifirova E. The Russian budget in January 2023 received less than 52.1 billion rubles. oil and gas revenues. URL:

4. Viktorov V. LNG is exported on a record // Radio «Kommersant FM» dated December 7, 2022. URL:

5. Edovina T. Gas occupies the provided volume. URL:

6. Urvachev L. The dollar fell below 68 rubles, the euro – below 73 rubles. URL:

7. Babkin D. The West did not have enough ceiling. URL:

8. The IMF has revised forecasts for GDP dynamics in the world and in Russia // Kommersant dated 10/11/2022. URL:

9. Borovikova K. Davos ended with a discussion of the shaky prospects for the global economy // Kommersant, 2023. URL:

10. Kuzovkin A.I. Climate, the role of fuel and renewable energy sources. Microeconomics. 2022;3:28-37. (In Russ.).

State programs and projects to stimulate the leading EU companies for the use of renewable energy sources, hydrogen and recycling of municipal solid waste

DOI: 10.33917/mic-1.108.2023.52-60

This article provides an analytical review of government programs and incentive projects for leading EU companies in the use of renewable energy sources (RES), hydrogen and recycling of municipal solid waste (MSW) under economic sanctions. It has been established that the federal government of Germany, as the leading EU country, as part of stimulating the use of renewable energy, has launched a series of public and public-private (with the involvement of large investors) projects and financing programs that are aimed at private households, as well as municipalities and companies. The 7 largest projects and programs for the use of renewable energy and hydrogen were analyzed, as well as the 6 largest projects and programs for the recycling of solid waste. It has been established that renewable energy sources have begun to play an important role in the structure of the energy balance of the entire European Union, in no way inferior to fossil fuels.


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2. Alekseev A.E., Novitsky I.Yu., Zhenzhebir V.N., Pshava T.S., Dadugin M.V. Energy security in the European Union: problems of «dependence» and development. Online journal of Science Studies. 2015;7(6 (31):3. (In Russ).

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6. Polozhentseva I.V., Alekseev A.E., Novitsky I.Yu., Zhenzhebir V.N., Pshava T.S. The dilemma of the political elite of the European Union countries in the energy sector. Online journal of Science Studies. 2015;7(6 (31)):78. (In Russ).

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Digital import substitution in the nuclear industry

DOI: 10.33917/mic-5.106.2022.79-86

Import substitution as a factor in the growth of domestic production in 2022 is again a relevant process, firstly, due to the consequences of geopolitical tensions, which entailed, among other things, the outflow of personnel, and secondly, due to the COVID-19 pandemic, which resulted in destruction of established logistics links and supply chains.

The article analyzes the process of import substitution on the example of the largest Russian generating company in the nuclear industry – the State Corporation «Rosatom».


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5. Rosatom completely switches to Astra Linux // CNews. May 19, 2022 URL:

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8. «Logos»: a course towards import substitution in the StrAU segment // CAD. 2021. No. 10. URL:

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Problems of gas, LNG, coal and RES supply in Europe until 2030

DOI: 10.33917/mic-5.106.2022.69-78

The situation with unstable gas supply and energy supply in the EU has become more complicated in connection with the start of the military special operation of the Russian Federation in Ukraine, which has dramatically changed the situation with the energy supply in Europe. The EU predicts to reduce the consumption of Russian gas, while experiencing a shortage of gas.

Germany could use Nord Stream 2 gas, as former German Chancellor Gerhard Schroeder called for in early August this year after his visit to Moscow. This step would solve Germany’s gas supply problems for a long period. However, the EU and Germany previously refused to use Nord Stream 2 for political reasons.

The situation changed radically when, on September 26, 2022, a sabotage was committed on the Nord Stream 1 and Nord Stream 2 gas pipelines, as a result of which sections of gas pipes were torn off near the island of Bornholm (Denmark). As a result, one billion m3 of gas flows out of the pipes. Repair of ruptured pipes can take several months. Europe will remain in autumn and winter without Russian gas.

LNG will not be able to replace Russian gas due to the limited number of points for its reception, as well as the rise in the cost of LNG by 20-30% compared to pipeline Russian gas. In addition, until 2030, EU LNG imports will be limited due to insufficient LNG production capacities in the US and the world, as well as Asian countries’ competition in LNG consumption.


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2. Frank Ch., Fiedler S., Crewell S. Balancing potential of natural variability and extremes in photovoltaic and wind energy production for European countries, Renewable Energy, Volume 163, January 2021. pp. 674-684.

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Analytical modeling of natural gas energy consumption and basic principles of the conceptual approach to strategic management at an industrial enterprise

DOI: 10.33917/mic-4.105.2022.65-73

This study considers the analysis of modern conditions in the energy market, which currently objectively requires a fundamentally new strategic management of natural gas consumption at industrial enterprises. The existing strategy for the energy-efficient use of natural gas does not meet the current energy situation in the world and does not allow a comprehensive assessment of all the processes that take place at the enterprise, which in turn affects the environmental situation, the efficiency of the use of natural gas and the rational formation of the fuel and energy balance of an industrial enterprise. Systemic conceptual provisions are needed that would allow the fundamentally new implementation of strategic energy management at the enterprise, which would ensure sustainable economic growth of the industrial enterprise and environmental balance in the region.


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