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Policy measures to improve energy efficiency in Russian buildings: Forecast up to 2050

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  • I. Bashmakov

Abstract

The article presents a long-term forecast of costs and benefits associated with the implementation of additional energy efficiency policies in Russian buildings. In Russia, buildings are directly and indirectly responsible for 38% of primary energy use; at the same time, they have a large energy efficiency potential. The 10 assessed scenarios of implementing packages of policy measures to improve energy efficiency illustrate that it is possible to halve fossil fuel use while providing energy services to the buildings stock which is expected to double by 2050. Additional benefits are considered, such as reduced greenhouse gas emissions and air pollution and improved indoor comfort, employment growth, improved affordability of housing services for both residents and the public sector. The paper estimates the costs and economic benefits of the implementation of energy efficiency measures and policies in the buildings sector. It shows that a new model of economic growth in Russia should be based on improving the overall economic efficiency, including energy efficiency.

Suggested Citation

  • I. Bashmakov, 2016. "Policy measures to improve energy efficiency in Russian buildings: Forecast up to 2050," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 3.
    • Handle: RePEc:nos:voprec:y:2016:id:183
    DOI: 10.32609/0042-8736-2016-3-75-98
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