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Scenarios for Intensification of Economic and Energy Development in Russia

Author

Listed:
  • A. A. Makarov

    (Institute for Energy Research, Russian Academy of Sciences)

  • F. V. Veselov

    (Institute for Energy Research, Russian Academy of Sciences)

  • V. A. Malakhov

    (Institute for Energy Research, Russian Academy of Sciences)

Abstract

For Russia’s successful development in new geopolitical conditions, it is necessary, through intensifying investment policy, to seriously increase the country’s economic potential, providing it with a stable energy base with the maximum possible participation in world energy markets. Based on updated forecasts for the export of Russian fuel, three scenarios for accelerating the development of the economy and fuel and energy complex of Russia for the period up to 2050 have been formed. The energy supply requirements for these scenarios have been studied in connection with the dynamics of greenhouse gas emissions. A corridor has been identified for rational growth rates of investment in fixed capital with the corresponding dynamics of gross domestic product (GDP) and development of the energy sector until 2050.

Suggested Citation

  • A. A. Makarov & F. V. Veselov & V. A. Malakhov, 2024. "Scenarios for Intensification of Economic and Energy Development in Russia," Studies on Russian Economic Development, Springer, vol. 35(4), pages 540-553, August.
  • Handle: RePEc:spr:sorede:v:35:y:2024:i:4:d:10.1134_s1075700724700096
    DOI: 10.1134/S1075700724700096
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