Comparative Evaluation of Russian Federation Energy Development Strategies Using the Kind Approach (Russian Federation). Chapter 3.11

This chapter presents structured report of the third of the four case studies done by experts from the Russian Federation. Today there are various kinds of power generation technologies offering different advantages and disadvantages to potential consumers. Energy policy is an important aspect of national economic development for any country and suboptimal solutions could potentially hamper the sustainability of an energy system in the long term. Although it is generally preferable for countries to diversify their energy supply, it is not always possible due to geographic, political or economic circumstances. In addition, the benefits of transferring to more advanced technologies might not always seem tangible in light of higher investment costs or the requirement for building supplementary infrastructure. To overcome these issues, simulation modelling and comparative evaluation tools can provide credible information for decision makers that would be otherwise forced to rely exclusively on expert opinion. Considering the fact that Russia is a key player in the global energy market with limited resources and an ever- growing climate change threat, an optimal strategy aimed at providing electricity at affordable prices without compromising sustainable development goals is a national priority.