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Renewable Energy Agency Wonders Why Russia Is Not Wasting $300bn On Renewable Energy!

May 9, 2017
tags:

By Paul Homewood

 

 

PEI report:

 

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Renewable energy could account for as much as 11.3 per cent of Russian’s power generation mix by 2030, but has so far remained badly underdeveloped, according to the International Renewable Energy Agency (IRENA).
Green energy accounts for a paltry 3.6 per cent of the total mix at the present time, and the  politics and over-reliance on its large reserves of fossil fuels are largely responsible for the failure to meet potential.


IRENA, in a recent report entitled
Renewable Energy Prospects for the Russian Federation, called for cumulative investments of $300bn in renewable energy up to 2030, or on average $15bn per year between 2010 and 2030.
Although the Russian government is aware of the possibilities for renewable energy in the country, its energy model is in need of transformation if promise is to be fulfilled, according to the FT.
Under its current energy strategy, Russia aims to increase its
renewable energy share to only 4.9 per cent by the 2030 timeline which is well below par of the 11.3 per cent aforementioned figure estimated by IRENA.
The Russian oil and gas industry generates about 15 per cent of GDP, 35 per cent of federal budget revenue and 60 per cent of exports.
Rosneft and Gazprom, state-owned oil and gas groups both benefit from government assistance and preferential treatment. In addition, an underdeveloped grid hampers investments in large-scale renewable projects such as wind farms or new hydroelectric stations, which are cost-effective only if enough consumers are close enough.

http://www.powerengineeringint.com/articles/2017/05/russian-renewable-energy-potential-going-unexploited.html

 

I think we can file this in the No S**t Sherlock file!

Does anybody with a modicum of common sense honestly expect Russia, with huge reserves of fossil fuels (on which its whole economy is heavily dependent), to simply abandon these, and waste hundreds of billions (which it has not got) on building wind and solar plants (that don’t work most of the time).

 

Anybody who still thinks Russia are in any way serious about cutting CO2 might care to check out the actual data.

Following a sharp drop in the early 1990s, due to the collapse of the old Soviet heavy industry, emissions have not fallen at all in twenty years.

 

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http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html

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15 Comments
  1. May 9, 2017 12:32 pm

    The one-eyed man in the land of the blind.

  2. HotScot permalink
    May 9, 2017 12:35 pm

    Thankfully our Russki political cousins have more sense than money, unlike our mob.

    • May 9, 2017 3:45 pm

      Our mob has no money, but they are able to borrow it and then waste it or give it away. It is future generations that will end up paying it back.

  3. Jack Broughton permalink
    May 9, 2017 12:44 pm

    Is it not interesting that Russia and the Norway seem to be the only European countries not to be infected by eco-madness. Yet these are the two countries with the power system best able to absorb unreliable generation.

    Norwegian sense is clear in that they of all countries could have afforded a bigger splash-out on white elephants than the UK or Germany, but did not.

    • markl permalink
      May 9, 2017 3:36 pm

      Over 95% of Norway’s power is from hydro.

  4. dave permalink
    May 9, 2017 3:21 pm

    “IRENA…called for…”

    Glendower
    I can call spiritis from the vasty deep.
    Hotspur
    Why, so can I, or so can any man;
    BUT WILL THEY COME…?

  5. markl permalink
    May 9, 2017 3:40 pm

    I believe Russia is a closet CAGW skeptic.

    • Graeme No.3 permalink
      May 9, 2017 8:21 pm

      Not so closet. Their scientists (real ones) have long predicted cooling due to the less active sun. They have ignored the whole scam, and are happy enough to sell gas and wood pellets to the deluded europeans.
      The Chinese are more active in that they subsidise their local wind and solar manufacturers by building farms, mostly in remote areas. Thus backward areas get some electricity until the grid is expanded there, and backward europeans get competition for their fantasy programs, and have to subsidise their manufacturers. On top of that they get favourable comments and (wishful) articles in the MSM about how China is going green.
      As for believing that the world is going to get warmer look at their policies as China builds up agricultural investments in Australia, southern Africa and in South America.

    • Robin Guenier permalink
      May 10, 2017 8:07 am

      As Graeme says – not so closet. See this article published recently by the Russian Academy of Sciences: https://link.springer.com/article/10.3103/S1062873817020411

  6. tom0mason permalink
    May 9, 2017 6:07 pm

    Russia has long viewed skeptically the West’s fascination with Lefty dreams of magical realism that has deformed the world of science, via state sponsorship of hubristic beliefs in virtual reality modeled outcomes. The West’s product of this marriage is today’s b’stard of ‘magical science’ and climate science modeling. It is as noble and worthy as Newton’s base metal to gold alchemy experiments, and continues to show nearly as much merit.

    Putin shows admirable courage in defending the Russian nation against such dangerous ill-founded nonsense, indeed his actions against Soros-funded NGOs, and the self-appointed ‘world savers’ Greenpeace serve to show that he will not allow Russia entering another era of Lysenkoism. The Russian science establishment too, especially in the field of climate studies, shows as much in their defense of real science being based on observation and verification, and less on unverified modeled outcomes.

  7. John F. Hultquist permalink
    May 9, 2017 9:00 pm

    What Russia does face is a serious decline in population, from 143 Million in 2017 to 111 Million in 2050.
    Putin called the problem of Russia’s dramatically declining population, “The most acute problem of contemporary Russia.”

    https://www.thoughtco.com/population-decline-in-russia-1435266

    A few or many wind towers will not solve this problem.

  8. John Raw permalink
    May 10, 2017 2:59 am

    None

    On Tue, May 9, 2017 at 5:22 AM, NOT A LOT OF PEOPLE KNOW THAT wrote:

    > Paul Homewood posted: “By Paul Homewood PEI report: Renewable energy > could account for as much as 11.3 per cent of Russian’s power generation > mix by 2030, but has so far remained badly underdeveloped, according to the > International Renewable Energy A” >

  9. AndyG55 permalink
    May 10, 2017 12:10 pm

    Russia winter ….. Frozen wind turbines, and minimal solar energy.

    Renewables in Russia…… wafwotam !!!

  10. May 10, 2017 3:50 pm

    Reblogged this on ajmarciniak.

  11. Gamecock permalink
    May 10, 2017 6:56 pm

    ‘over-reliance on its large reserves of fossil fuels’

    What does this even mean?

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