Perspectives of the Wind Energy Market in Russia” launched
Moscow -- WWEA and FES Russian Federation, in collaboration with St. Peter the Great St. Petersburg Polytechnical University and the Russian Association for the Wind Industry RAWI, have conducted a study on the status of the wind energy market in Russia. The study “Perspectives of the Wind Energy Market in Russia” has been presented today during a launch event in Moscow. Recently, Russia has started to re-vive its wind power sector and the first projects of 700 MW have been announced to be constructed over the next three years.
However, the research shows that there are numerous barriers in the wind energy market which remain to be addressed. The main findings are based on analysis of data obtained in interviews amongst key stakeholders of the Russian wind power sector. Based on the opinions of these stakeholders, the main barriers for the Russian wind power industry of today are:
- a general lack of investments and investors which is primarily related to an insufficient and intransparent remuneration scheme and the small market volume but also to the macroeconomic situation in the country.
- a significant number of weaknesses in the regulatory framework, including land use issues, standards etc.
- challenges with grid connection
The study concludes with recommendations on how the identified barriers can be addressed. The main task will be to create an attractive environment for investors by introducing a remuneration system allowing to invest and by defining a market size volume similar to other leading wind markets – China, Germany, India or the USA each have recently seen annual installations in the range between 2’000 and 30’000 MW. Creating a sizable market also includes the task of improving the existing standards, introducing a state territory planning program for wind energy projects and starting state participation in pilot projects in remote and isolated regions on a massive scale. To create more transparency for potential market participants would also be an important and general task.
It is proposed that the Government of Russia, in consultation with the main stakeholders, develops a “Wind Roadmap for Russia” which may include a strategy for grid connected wind farms as well as the off-grid sector.
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