International Journal of Energy Economics and Policy ISSN: 2146-4553 available at http: www.econjournals.com International Journal of Energy Economics and Policy, 2019, 9(6), 95-102. A Critical Review of Russia’s Energy Strategy in the Period until 2035 Alexander N. Alekseev1, Aleksei V. Bogoviz2*, Ludmila P. Goncharenko3, Sergey A. Sybachin3 1Department of Organizational and Management Innovations, Plekhanov Russian University of Economics, Moscow, Russia, 2Federal Research Center of Agrarian Economy and Social Development of Rural Areas, All Russian Research Institute of Agricultural Economics, Moscow, Russia, 3Research Institute “Innovative Economy,” Plekhanov Russian University of Economics, Moscow, Russia. *Email:
[email protected] Received: 20 June 2019 Accepted: 08 September 2019 DOI: https://doi.org/10.32479/ijeep.8263 ABSTRACT Noting the enormous importance of the Russian and energy complex for international and domestic energy policies, the paper critically reviews the Energy Strategy of Russia until 2035, focusing on the state, challenges, and development trends of the global and Russian energy. We devote a lot of attention to the internal problems and export opportunities, the key aspects of the Russian energy policy in long-term perspectives, as well as review the development scenarios and stages of implementation. While conducting a critical review, we focus on how well the Strategy captures the current situation in international energy markets and trends in the development of the Russian energy and fuel complex. We also look into how comprehensively the Strategy addresses the identified challenges and possible prospects, as well as discuss which provisions could strengthen the Strategy. Our analysis clearly demonstrates that the Strategy adequately addresses both international and domestic processes leading to the current state of the Russian fuel and energy complex.