Renewable Energy Policy in Russia: Waking the Green Giant

Total Page:16

File Type:pdf, Size:1020Kb

Renewable Energy Policy in Russia: Waking the Green Giant IFC Advisory Services in Europe and Central Asia IFC Russia Renewable Energy Program In Partnership with the Global Environment Facility (GEF) Renewable Energy Policy in Russia: Waking the Green Giant The green paper “Renewable Energy Policy in Russia: Waking the Green Giant” was prepared by the IFC Russia Renewable Energy Program. The conclusions and judgments contained in this publication should not be attributed to, and do not necessarily represent the views of, IFC or its Board of Directors or the World Bank or its Executive Directors, Global Environment Facility or the countries they represent. IFC and the World Bank do not guarantee the accuracy of the data in this publication and accept no responsibility for any consequences of their use. The material in this work is protected by copyright. Copying and/or transmitting portions or all of this work may be a violation of applicable law. IFC encourages dissemination of this publication and hereby grants permission to the user of this work to copy portions of it for the user’s personal, non-commercial use. Any other copying or use of this work requires the express written permission of IFC. Copyright © 2011 International Finance Corporation 2121 Pennsylvania Ave. NW, Washington, DC 20433 United States of America A Member of the World Bank Group Renewable Energy Policy in Russia: Waking the Green Giant “Green” paper for discussion “Green” paper for discussion Table of Contents Introduction ............................................................................................................................................................. 4 1. Renewables on the National Policy Agenda .......................................................................................................... 5 1.1. Overview ............................................................................................................................................................... 5 1.2. National renewable energy target ........................................................................................................................ 6 1.3. Economic, social and climate change policy ...................................................................................................... 10 2. Russian Energy Sector: Opportunities and Challenges for Renewables ................................................................ 13 2.1. Electricity sector reform ..................................................................................................................................... 13 2.2. Opportunities for renewable energy sources ..................................................................................................... 15 2.2.1. Power sector investment requirements ................................................................................................. 16 2.2.2. Isolated zones ......................................................................................................................................... 17 2.2.3. Momentum for “greening” the heat supply .......................................................................................... 18 2.2.4. Export potential ...................................................................................................................................... 22 2.3. Challenges .......................................................................................................................................................... 23 2.3.1. Unlevel playing field ............................................................................................................................... 23 2.3.2. Externalities ............................................................................................................................................ 25 2.3.3. Price control ............................................................................................................................................ 26 2.3.4. Variability ................................................................................................................................................ 28 3. Financing Renewables in Russia .......................................................................................................................... 31 3.1. The national support scheme for renewable energy.......................................................................................... 31 3.1.1. Historical background ............................................................................................................................ 31 3.1.2. The electricity premium scheme ............................................................................................................ 33 3.1.3. The new capacity-based scheme .......................................................................................................... 38 3.1.4. The premium and capacity schemes: exclusive or combined support? ................................................. 43 3.1.5. The compensation of connection costs .................................................................................................. 44 3.2. Regional support ................................................................................................................................................. 46 3.3. Kyoto Protocol mechanisms: joint implementation ........................................................................................... 46 4. Assessment of the Russian Support Scheme from a Public and Private Perspective ............................................ 48 4.1. Government perspective .................................................................................................................................... 48 4.1.1. Effectiveness of support / cost-efficiency ............................................................................................... 48 4.1.2. Reinforced Government control ............................................................................................................. 49 4.2. Investors’ perspective ......................................................................................................................................... 50 4.2.1. Regulatory instability and unpredictability ............................................................................................. 50 4.2.2. Investment / project risks ....................................................................................................................... 53 4.2.3. Contractual guarantees and investment protection .............................................................................. 54 4.2.4. Connection and access to the network infrastructure ........................................................................... 55 4.2.5. Reliability issues ...................................................................................................................................... 56 4.2.6. Lack of international experience with capacity-based support schemes ............................................... 56 4.2.7. Lack of independence from short-term political interests ..................................................................... 57 5. Waking the Green Giant: Possible Way Forward ................................................................................................. 59 5.1. Fine-tuning the national support scheme: issues for consideration .................................................................. 59 5.1.1. Stability and predictability of support .................................................................................................... 59 5.1.2. Reliability ................................................................................................................................................ 60 5.1.3. Mandatory targets .................................................................................................................................. 60 5.2. Making the wholesale market architecture renewable energy friendly ............................................................ 61 5.2.1. Guaranteed access to the network: prioritisation of electricity produced from RES ............................. 62 5.2.2. A renewable energy friendly long-term competitive capacity market ................................................... 63 5.2.3. A renewable energy friendly balancing market ...................................................................................... 64 5.3. Regional approach .............................................................................................................................................. 65 5.4. Greening the Russian CHP sector ....................................................................................................................... 65 5.5. Improving the investment climate for renewable energy investments ............................................................. 67 5.6. Environmental legislation ................................................................................................................................... 67 5.7. EU joint renewable energy projects: a Russian WINDTEC to green Europe’s electricity consumption .............. 67 “Green” paper for discussion Introduction In Russia, the subject of renewable energy is far from straightforward. On the one hand, Russian leaders have shown a strong political will to support the development of renewable energy by adopting a target of 4.5 per cent
Recommended publications
  • Biogas Production in the Russian Federation: Current Status, Potential, and Barriers
    energies Article Biogas Production in the Russian Federation: Current Status, Potential, and Barriers Tatiana Nevzorova Industrial Economics and Management, KTH Royal Institute of Technology, Lindstedtsvägen 30, 114 28 Stockholm, Sweden; [email protected] Received: 4 June 2020; Accepted: 9 July 2020; Published: 14 July 2020 Abstract: Russia has signed the Paris Agreement and recently approved its ratification. However, the Russian Government does not consider abandoning the production and use of hydrocarbons to reduce greenhouse gas emissions. To meet the goals of the Agreement, Russia must find new innovative solutions. This study demonstrates that biogas is one of the most necessary renewable sources in Russia. Despite this, the deployment of biogas technologies is currently extremely slow. In this regard, to assess their subsequent impact on the Russian energy sector as a whole, it is important to identify the factors that hinder the wider implementation of biogas technologies. Based on the findings, the most critical barriers were identified and discussed in detail. In the light of the results, some policy-related recommendations are also proposed. Keywords: biogas; biomethane; barrier identification; Russia; renewable energy policy 1. Introduction The Paris Agreement, which was enacted in November 2016, aims to replace the Kyoto Protocol, has set the objective to reduce greenhouse gas (GHG) emissions, and keep the global average temperature rise below 2 ◦C compared to the pre-industrial level [1]. The document was signed by representatives of more than 170 countries, including Russia. However, Russia did not ratify it until recently. In September 2019, official news emerged that the Prime Minister of Russia, Dmitry Medvedev, has approved the ratification of the Paris Agreement [2,3].
    [Show full text]
  • Energy and Theatre Methodika 2001
    SKRIFTSERIE ★ NR1/2OO3 METHODIKA 2OO1 ENERGY AND THEATRE Report by Martha Vestin and Grete Sneltvedt Enheten för Konstnärligt Utvecklingsarbete METHODIKA 2nd International Festival of Methods in Theatre Training 21–27 juli 2001 Gripsholms folkhögskola COOPERATIVE PARTNERS DRAMATISKA INSTITUTET MÄLARDALEN HÖGSKOLA AKT-ZENT INTERNATIONAL THEATRE CENTRE BERLIN PROTEI PROGETTI TEATRALI INTERNAZIONALI, ROME SCUT SKANDINAVISKT CENTRUM FOR UTFORSKNING AV TEATER, STOCKHOLM/OSLO EUROPEAN ASSOCIATION FOR THEATRE CU ASSOCIATED PARTNERS ITI, SWEDEN TEATERALLIANSEN, STOCKHOLM THE PROJECT RECEIVED SUPPORT FROM STATENS KULTURRÅD KONSTNÄRSNÄMNDEN NORDISKA KULTURFONDEN TEATER OG DANS I NORDEN DRAMATISKA INSTITUTET GRIPSHOLM FOLKHÖGSKOLA MÄLARDALENS HÖGSKOLA ANSVARIG UTGIVARE: PER LYSANDER ENHETEN FÖR KONSTNÄRLIGT UTVECKLINGSARBETE DRAMATISKA INSTITUTET 2003 ENERGY AND THEATRE Welcome speech Jurich Alschitz . 5 Methodika, organisation Grete Sneltvedt . 9 Points of departure . .13 Martha Vestin The work of the four teachers Anne-Lise Gabold . .15 Gregory Hlady . .37 Gabriele Vacis . .60 Anatoly Vasiliev . .79 Each section divided in: a. Short description of the workshop by Martha Vestin b. Presentation of the teacher c. The work, a list of exercises d. Selection of the teachers comments and instructions e. Comments by participants and observers Evening programmes . .99 The Energy of Theatry Space . .111 by Jurij Alschitz General comments by participants . .119 Conclusion by Martha Vestin . .125 Credlist . .133 Jurij Alschitz WELCOME SPEECH JURIJ ALSCHITZ artistic director of Methodica Dear friends, I would like to welcome and thank you for coming to our festi- val. It shows that theatre pedagogues are still interested in meeting each other. It makes me happy because usually people in our profession are solitaries. That is why it is so useful and important for our souls to get together.
    [Show full text]
  • The History of Geothermal Resources Use in Russia and the Former Ussr
    THE HISTORY OF GEOTHERMAL RESOURCES USE IN RUSSIA AND THE FORMER USSR. Valentina Svalova Institute of Environmental Geoscience, Russian Academy of Sciences, Geothermal Council of Russia, Moscow, Russia Key words: history, volcanoes, geysers, hot springs, Kam- natural way. Very likely that wild animals led ancient people chatka. to hot springs. For a long time the warriors treated their wounds in mineral geothermes. ABSTRACT. 1. A BRIDGE FROM THE ANCIENT GREECE TO Usage of geothermal energy in Russia and the former ANTIQUE TOWNS OF CRIMEA. USSR goes back to deep antiquity. And always the reality was in neighbourhood with legends. It is considered that curative properties of under- History of hot and mineral springs is traced from Cri- ground springs were known to people of the Stone Age. The mean antique towns through Kiev Russia, Moscow State and mineral springs of Epidauros in the Ancient Greece could be Russian Empire to our days. considered as the most ancient known spa (6 century B.C.) in Wave of ancient civilization arised in Mediterranean the world. Even now it is possible to see there the plates with near volcanoes and hot springs, rolled through all territory of diagnosis and descriptions of the illness treatment caurses. Russia and reached Kamchatka where met another culture and Famouse sanctuary of God-Healer Asklepius is placed in 9 magic land of geysers and volcanoes. km from port Epidauros. Another wave of civilization from ancient Greece It is impossible now to elucidate a question of Ask- rolled through Western Europe, crossed Atlantic Ocean with lepius transformation from the Hero at the beginning of 5 the first American settlers and met American Indians' culture.
    [Show full text]
  • Energy in Russia's Foreign Policy Kari Liuhto
    Kari Liuhto Energy in Russia’s foreign policy Electronic Publications of Pan-European Institute 10/2010 ISSN 1795 - 5076 Energy in Russia’s foreign policy Kari Liuhto 1 10/2010 Electronic Publications of Pan-European Institute www.tse.fi/pei 1 Kari Liuhto is Professor in International Business (specialisation Russia) and Director of the Pan- European Institute at the Turku School of Economics, University of Turku, Finland. His research interests include EU-Russia economic relations, energy relations in particular, foreign investments into Russia and the investments of Russian firms abroad, and Russia’s economic policy measures of strategic significance. Liuhto has been involved in several Russia-related projects funded by Finnish institutions and foreign ones, such as the Prime Minister’s Office, various Finnish ministries and the Parliament of Finland, the European Commission, the European Parliament, and the United Nations. Kari Liuhto PEI Electronic Publications 10/2010 www.tse.fi/pei Contents PROLOGUE 4 1 INTRODUCTION: HAVE GAS PIPES BECOME A MORE POWERFUL FOREIGN POLICY TOOL FOR RUSSIA THAN ITS ARMY? 5 2 RUSSIA’S ENERGETIC FOREIGN POLICY 8 2.1 Russia’s capability to use energy as a foreign policy instrument 8 2.2 Dependence of main consumers on Russian energy 22 2.3 Russia’s foreign energy policy arsenal 32 2.4 Strategic goals of Russia's foreign energy policy 43 3 CONCLUSION 49 EPILOGUE 54 REFERENCES 56 1 Kari Liuhto PEI Electronic Publications 10/2010 www.tse.fi/pei Tables Table 1 Russia’s energy reserves in the global scene (2008) 9 Table 2 The development of the EU’s energy import dependence 23 Table 3 The EU’s dependence on external energy suppliers 24 Table 4 Share of Russian gas in total primary energy consumption 26 Table 5 Natural gas storage of selected European countries 29 Table 6 Russia’s foreign policy toolbox 32 Table 7 Russia’s disputes with EU member states under Putin’s presidency 36 Table 8 Russia’s foreign energy policy toolbox 40 Table 9 Russia's potential leverage in the ex-USSR (excl.
    [Show full text]
  • Restructuring and Privatizing the Coal Industries in Central and Eastern Europe and the Cis
    RESTRUCTURING AND PRIVATIZING THE COAL INDUSTRIES IN CENTRAL AND EASTERN EUROPE AND THE CIS RESTRUCTURING AND PRIVATIZING THE COAL INDUSTRIES IN CENTRAL AND EASTERN EUROPE AND THE CIS COPYRIGHT © 2000 WORLD ENERGY COUNCIL All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means electronic, electrostatic, magnetic, mechanical, photocopy, recording or otherwise, without prior permission of the copyright holder. Published August 2000 by: World Energy Council 5th Floor, Regency House 1-4 Warwick Street London W1B 5LT United Kingdom WEC MEMBER COMMITTEES as at August 2000 Albania Hong Kong, China Paraguay Algeria Hungary Peru Argentina Iceland Philippines Australia India Poland Austria Indonesia Portugal Belarus Iran (Islamic Republic) Romania Belgium Ireland Russian Federation Bolivia Israel Saudi Arabia Botswana Italy Senegal Brazil Japan Singapore Bulgaria Jordan Slovakia Cameroon Kenya Slovenia Canada Korea (Republic) South Africa Chile Latvia Spain China (People's Republic) Libya/GSPLAJ Sri Lanka Congo (Democratic Republic) Lithuania Swaziland Côte d'Ivoire Luxembourg Sweden Croatia Mali Switzerland Czech Republic Mexico Syria (Arab Republic) Denmark Monaco Taiwan, China Egypt (Arab Republic) Mongolia Tanzania Estonia Morocco Thailand Ethiopia Namibia Trinidad & Tobago Finland Nepal Tunisia Macedonia (Republic) Netherlands Turkey France New Zealand USA Gabon Niger Ukraine Germany Nigeria United Kingdom Ghana Norway Uruguay Greece Pakistan Venezuela Yemen i WEC EAST-WEST EUROPEAN ENERGY PROGRAMME Group A "Commonwealth of Independent States" Chairman: H. E. Sergei B. Tulub, Minister of Energy, Ukraine Belarus: V. Gerasimov, Director General, Belenergo France: L. Charreyre, EDF Germany: H. Holfeld, Siemens, W. Strassburg, RWE Italy: U.
    [Show full text]
  • Paul De La Morinerie MGIMO's French Connection He Relationship Between France and Russia Has “Tsomething Unique
    #2/2018 The Trianon Dialogue in Versailles Aleksandar Vučić “Serbia is a genuine friend of the Russian people” MGIMO – Patrick Sciences Po Pouyanné 25 years “We need a renaissance of Excellence of courage in our leaders” Paul de La Morinerie MGIMO's French connection he relationship between France and Russia has “Tsomething unique. It arises from the attraction and mutual recognition of two peoples enamored of absolute, beauty and truth” Jacques Chirac CONTENTS A number of anniversaries 34 26 were celebrated at MGIMO: School of International Relations has turned 75, School of International Economy – 60, Journalism School – 50 101 12 MGIMO’s exchange agreement with Sciences Po 128 and Business School of Konstantin Palace is the state residence of Nancy opened doors for the Russian President just outside St. international students to 210 Petersburg. It is often referred to as Russia and France ‘Russian Versailles’. And it is no coincidence that V. Putin chose this venue for negotiations with his French counterpart 206 Anton Tokovinin (left) is in charge of MGIMO’s Proxenos Chorus. In 1948, a most high-profile Boris Belozerov is a member of diplomatic scandal took place two clubs – of the popular Russian between USSR and USA, which TV game show “What? Where? resulted in the consulates being When?” and of “World Energy 202 closed down 52 Policy” club START History and Modernity of the State Early in 2020, the current MGIMO VIP SERBIA Dialogue, which has emerged from a of Israel. The Ambassador of Israel Development Strategy will expire, meeting
    [Show full text]
  • The Turkey, Russia, Iran Nexus Driving Forces and Strategies
    abbreviated edition The Turkey, Russia, Iran Nexus driving forces and strategies March 2013 Project Director Authors Project Manager Stephen J. Flanagan Bulent Aliriza T.J. Cipoletti Jon B. Alterman Andrew C. Kuchins CHARTING our future abbreviated edition The Turkey, Russia, Iran Nexus driving forces and strategies March 2013 Project Director Authors Project Manager Stephen J. Flanagan Bulent Aliriza T.J. Cipoletti Jon B. Alterman Andrew C. Kuchins CHARTING our future About CSIS—50th Anniversary Year For 50 years, the Center for Strategic and International Studies (CSIS) has developed solutions to the world’s greatest policy challenges. As we celebrate this milestone, CSIS scholars are developing strategic insights and bipartisan policy solutions to help decisionmakers chart a course toward a better world. CSIS is a nonprofit organization headquartered in Washington, D.C. The Center’s 220 full- time staff and large network of affiliated scholars conduct research and analysis and develop policy initiatives that look into the future and anticipate change. Founded at the height of the Cold War by David M. Abshire and Admiral Arleigh Burke, CSIS was dedicated to finding ways to sustain American prominence and prosperity as a force for good in the world. Since 1962, CSIS has become one of the world’s preeminent international institutions focused on defense and security; regional stability; and transnational challenges ranging from en- ergy and climate to global health and economic integration. Former U.S. senator Sam Nunn has chaired the CSIS Board of Trustees since 1999. Former deputy secretary of defense John J. Hamre became the Center’s president and chief executive of- ficer in April 2000.
    [Show full text]
  • Technological Progress Opportunities in the Energy Sector of Russia A
    ISSN 1075-7007, Studies on Russian Economic Development, 2020, Vol. 31, No. 1, pp. 52–63. © Pleiades Publishing, Ltd., 2020. Russian Text © The Author(s), 2020. INDUSTRIES AND INTERINDUSTRY COMPLEXES Technological Progress Opportunities in the Energy Sector of Russia A. A. Makarov* Energy Research Institute, Russian Academy of Sciences, Moscow, 117186 Russia *e-mail: [email protected] Received March 13, 2019; revised July 19, 2019; accepted September 2, 2019 Abstract—Based on the scenarios [1] for the transition of world energy in the period up to 2040 to a new tech- nological base, a study was made of its implications for energy and the economy of Russia. The damage from the declining export of Russian fuel due to the acceleration of technological progress (TP) in the global energy sector, as well as possible direct and multiplicative effects of its achievements in the energy sector of Russia1 are estimated. It is shown that with accelerated TP and the dynamics of domestic energy consumption obtained in the conservative scenario, it is possible to almost double the growth rate of the country’s gross domestic product (GDP). The required financial and economic conditions and measures for restructuring the fuel and energy complex2 are determined, so that the acceleration of TP in the energy sector could not only compensate for the expected decline in revenue from fuel exports, but almost double the growth rate of Russian GDP. DOI: 10.1134/S1075700720010086 Problem formulation. Technological progress in the nario of the country’s economy using a SCANER simu- 21st century is the main dominant factor in the devel- lation data complex [4] for enlarged types of economic opment of energy in the world and in Russia.
    [Show full text]
  • Energy Empire: Oil, Gas and Russia's Revival
    The European Think Tank with a Global Outlook Energy Empire: Oil, Gas and Russia’s Revival Fiona Hill September 2004 About the Author First published in 2004 by The Foreign Policy Centre Dr. Fiona Hill is a Senior Fellow in the Foreign Policy Studies 49 Chalton Street Program at The Brookings Institution. She has published extensively London on a diverse range of issues related to Russia, relations among the NW1 1HY states of the former Soviet Union, the Caucasus region, Central UNITED KINGDOM Asia, ethno-political conflicts in Eurasia, and energy and strategic issues. Her book with Brookings Senior Fellow Clifford Gaddy, The Email: [email protected] Siberian Curse. How Communist Planners Left Russia Out in the Cold, was published by Brookings Press in December 2003. Other ©The Foreign Policy Centre 2004 recent publications include: ‘The Caspian Region: Pipelines for Politics, Peace and Prosperity?’ Georgetown Journal of International Affairs (Winter/Spring, 2004); ‘Central Asia and the Caucasus: The All rights reserved Impact of the War on Terrorism’, Nations in Transit (Freedom ISBN: 1 903558 38 7 House, 2003); ‘Seismic Shifts in Eurasia: The Changing Relationship Between Turkey and Russia, And its Implications for the South Caucasus’, Journal of South Eastern European and Black Sea Studies (2003); ‘Does Saudi Arabia Still Matter? Differing Perspectives on the Kingdom and its Oil’, (with Shibley Telhami) in Foreign Affairs, November/December 2002; and ‘Fueling the Future: The Prospects for Russian Oil and Gas’, (with Florence Fee) in Demokratizatsiya, Fall 2002. Hill was Director of Strategic Planning at the Eurasia Foundation in Washington, DC, from 1999-2000, and continues to serve as an advisor to the Foundation’s president.
    [Show full text]
  • Energy Efficiency and Renewable Energy in Russia: Perspectives and Problems of International Technology Transfer and Investment
    ENERGY EFFICIENCY AND RENEWABLE ENERGY IN RUSSIA: PERSPECTIVES AND PROBLEMS OF INTERNATIONAL TECHNOLOGY TRANSFER AND INVESTMENT by Eric Martinot B.S. (Massachusetts Institute of Technology) 1984 M.A. (University of California at Berkeley) 1991 DISSERTATION Submitted in partial satisfaction of the requirements for the degree of DOCTOR OF PHILOSOPHY in ENERGY AND RESOURCES in the GRADUATE DIVISION of the UNIVERSITY OF CALIFORNIA at BERKELEY Committee in Charge: Professor John Holdren, Chair Professor David Hooson Professor Richard Norgaard 1995 Energy Efficiency and Renewable Energy in Russia: Perspectives and Problems of International Technology Transfer and Investment Copyright (c) 1995 by Eric Martinot ABSTRACT Energy Efficiency and Renewable Energy in Russia: Perspectives and Problems of International Technology Transfer and Investment by Eric Martinot Doctor of Philosophy in Energy and Resources University of California at Berkeley Professor John Holdren, Chair Case study and other research evidence, along with prior studies and literature, demonstrate that there are huge technical-economic opportunities for cost-effective energy-efficiency investments in the industrial, residential, and heating sectors in Russia, and that renewable energy sources, especially wind, solar, and biomass, can play a significant and cost-effective role in energy supply in some geographic regions. The evidence also shows that technological capabilities of Russians to exploit these technical-economic potentials are strong, but that market-related capabilities are still weak. Market-level energy prices, privatization, and greater institutional efficiency, all traditional policy prescriptions for developing countries and countries in transition, are insufficient conditions for exploitation of these technical-economic opportunities. The evidence illustrates that many transaction barriers severely limit economic activities, including technology transfer, that would result in greater energy efficiency and renewable energy supplies.
    [Show full text]
  • The Energy Dimension in Russian Global Strategy
    THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY OF RICE UNIVERSITY THE ENERGY DIMENSION IN RUSSIAN GLOBAL STRATEGY RUSSIA AND REGIONAL ENERGY LINKS IN NORTHEAST ASIA DR. VLADIMIR I. IVANOV SENIOR ECONOMIST AND DIRECTOR OF RESEARCH, ECONOMIC RESEARCH INSTITUTE FOR NORTHEAST ASIA (ERINA), NIIGATA, JAPAN PREPARED IN CONJUNCTION WITH AN ENERGY STUDY SPONSORED BY THE PETROLEUM ENERGY CENTER OF JAPAN AND THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY RICE UNIVERSITY - OCTOBER 2004 THESE PAPERS WERE WRITTEN BY A RESEARCHER (OR RESEARCHERS) WHO PARTICIPATED IN A BAKER INSTITUTE RESEARCH PROJECT. WHEREVER FEASIBLE, THESE PAPERS ARE REVIEWED BY OUTSIDE EXPERTS BEFORE THEY ARE RELEASED. HOWEVER, THE RESEARCH AND VIEWS EXPRESSED IN THESE PAPERS ARE THOSE OF THE INDIVIDUAL RESEARCHER(S), AND DO NOT NECESSARILY REPRESENT THE VIEWS OF THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY. © 2004 BY THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY OF RICE UNIVERSITY THIS MATERIAL MAY BE QUOTED OR REPRODUCED WITHOUT PRIOR PERMISSION, PROVIDED APPROPRIATE CREDIT IS GIVEN TO THE AUTHOR AND THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY. THIS STUDY WAS MADE POSSIBLE THROUGH THE GENEROUS SUPPORT OF THE PETROLEUM ENERGY CENTER OF JAPAN RENAISSANCE CAPITAL BAKER BOTTS L.L.P. LEHMAN BROTHERS BAKER INSTITUTE ENERGY FORUM ANADARKO PETROLEUM THE HONORABLE HUSHANG ANSARY AND MRS. ANSARY APACHE CORPORATION ARAMCO SERVICES BAKER BOTTS LLP BAKER HUGHES BP CHEVRONTEXACO CONOCOPHILLIPS EXXONMOBIL HALLIBURTON KUWAIT PETROLEUM MARATHON OIL CORPORATION MISSION RESOURCES NOBLE CORPORATION PETROLEUM ENERGY CENTER OF JAPAN QATAR PETROLEUM SCHLUMBERGER SHELL SHELL EXPLORATION & PRODUCTION CO. SIMMONS & COMPANY INTERNATIONAL TOTAL E&P USA, INC.
    [Show full text]
  • Geothermal Development in Russia: Country Update 2005-2009
    Proceedings World Geothermal Congress 2010 Bali, Indonesia, 25-29 April 2010 Geothermal Development in Russia: Country Update Report 2005-2009 Konstantin О. Povarov1, Valentina B. Svalova2 1Association of Geothermal Energy Society, Krasnokazarmennaya Str. 9/1, Moscow, 111250 Russia, 2Institute of Environmental Geoscience RAS, Ulansky 13, Moscow, 101000 Russia [email protected], [email protected] Keywords: Geothermal resources, electric power utilization of the Earth’s thermal energy is coming to be a generation, direct use, Russia subject of great importance. ABSTRACT Figure 1 illustrates the main territories of Russia possessing geothermal power resources for industrial utilization. There As is well known, Russia possesses unique reserves of are 8 main regions promising for “direct” utilization (heat geothermal energy for production of electricity, provision supply to residential and industrial buildings, heating of of district heating systems for industrial and agricultural greenhouses and soils, in the cattle breeding industry, fish needs. Exploitation of geothermal resources, farming, in industrial manufacture, for chemical elements implementation of drilling operations for geothermal fluid extraction, for increase of a reservoir recovery, for frozen production has been carried out in Russia and former Soviet rocks melting, in balneology etc.), as well as for heat Union for more than 60 years. Today almost all the territory generation with application of heat pumps and power of the country is well investigated. It was found that production at binary cycle GeoPP. One of them – region 5 numerous regions have reserves of hot geothermal fluid (Kamchatka and the Kuril Islands) is region of active ° with the temperature from 50 up to 200 C at depth from volcanoes being most promising for “direct” utilization of 200 to 3000 m.
    [Show full text]