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Scientific and economic journal

«Problems of economics and management of oil and gas complex»

ISSN 1999-6942

The potential of low-carbon energy sources in the context of stimulating the innovative development of the Russian oil and gas complex

UDC: 332.143:620.91
DOI: -

Authors:

ORLOVA OLGA YU.1,
BABENKO MIKHAIL A.1

1 St. Petersburg State University of Economics, St. Petersburg, Russia

Keywords: low-carbon energy, oil and gas complex, de-carbonization, sustainable development, alternative energy sources, strategic planning, innovation, energy hydrogen

Annotation:

Over the past few decades, there observed an increase in global initiatives aimed at reducing harmful emissions into the atmosphere, which, despite a slight decrease of their discussion severity in modern scientific discourse, continue paying a significant impact on the formation of a strategic vector of the global energy market development. For the Russian economy, where the oil and gas sector play a key role in ensuring the national budget revenue component, low-carbon initiatives support is an important trend of the domestic energy industry development, since these initiatives are actively supported in key importing countries of Russian energy resources. At the same time, it should be noted that the pace of innovation related to the low-carbon technologies introduction in the Russian oil and gas sector remains insufficiently intensive, while global practice demonstrates rapid technological growth in the field of de-carbonization and alternative energy projects, including the production of energy-efficient hydrogen. The authors of the article present the results of a comprehensive studying the current and forecast energy balance in Russia and the world, provide a comparative analysis of modern technological solutions aimed at achieving the stated goals of minimizing harmful emissions, and identify promising development trajectories for Russian oil and gas companies that will contribute not only to de-carbonization of their business, but also to the formation of the required potential to enter new markets, being quickly developing in the global environment.

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