Scientific journal NRU ITMO
Series "Economics and Environmental Management"
Registration certificate ЭЛ № ФС 77 – 55411 от 17.09.2013
registered by the Federal Inspectorate Service for Communication, Information Technologies and Communication Media
ISSN:2310-1172

September 2023 (published: 04.09.2023)

Number 3(54)

Home > Issue > Economic aspects of the use of alternative energy sources in the arctic zone of the Russian Federation at the present stage

UDC 620.92

Economic aspects of the use of alternative energy sources in the arctic zone of the Russian Federation at the present stage

Rumiantsev D.S. , Didikov А.Е.

This article discusses the main problems associated with the use of traditional energy sources in the region. The prospects for the use of renewable energy sources, such as wind energy and solar energy, as well as their economic efficiency are described. The main stages of economic support in the development of alternative energy are given. The authors analyzed the cost of electricity generation based on alternative sources and compared it with the cost of electricity generation based on traditional sources. In addition, this work highlights the need to consider alternative energy sources in the context of ensuring energy security in the Arctic zone. Given the climatic conditions and remoteness of this region, a variety of energy sources can help increase the reliability of energy systems and ensure the continuity of energy supply in Arctic settlements and infrastructure. Arguments have been made that the development of alternative energy sources in the Arctic region could create additional opportunities for research and innovation. Attracting scientific and engineering resources to this area can contribute to the development of new technologies and methods adapted to the characteristics of the Arctic environment. As a result of the study, the potential economic benefits of using alternative energy sources in the Arctic zone of the Russian Federation were identified, and recommendations were made for the further development of renewable energy infrastructure in the region. The results of the study can be used both for making decisions in the field of energy and for developing a strategy for the development of the Russian Arctic zone. The study results show the potential economic benefits of switching to alternative energy sources in the Russian Arctic. These findings can serve as the basis for developing a strategy for the development of the Arctic zone, focused on more sustainable and efficient use of resources and reducing negative impacts on the environment.
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Keywords: Arctic, renewable energy sources, wind energy, LCOE, energy system modernization, remote settlements.

DOI 10.17586/2310-1172-2023-16-3-12

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