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Energy Sources, Part B: Economics, Planning, and Policy Volume 17, 2022 - Issue 1
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Research Article

Energy efficiency improvements under conditions of low energy prices: the evidence from Russian regions

Svetlana Ratnera Department of Economic Mathematic Modelling, Peoples ’Friendship University of Russia (Rudn University), Moscow, Russia;b V.a. Trapeznikov Institute of Control Sciences, Russian Academy of Sciences, Moscow, RussiaORCID Iconhttps://orcid.org/0000-0003-3485-5595View further author information
ORCID Icon,
Andrey Berezina Department of Economic Mathematic Modelling, Peoples ’Friendship University of Russia (Rudn University), Moscow, Russia;c Laboratory for Gas, Technology, and Sustainable Development, Peoples ’Friendship University of Russia (Rudn University), Moscow, RussiaCorrespondence[email protected]
ORCID Iconhttps://orcid.org/0000-0001-9250-5177View further author information
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Bruno S. Sergic Laboratory for Gas, Technology, and Sustainable Development, Peoples ’Friendship University of Russia (Rudn University), Moscow, Russia;d Davis Center for Russian and Eurasian Studies, Harvard University, Cambridge, USAORCID Iconhttps://orcid.org/0000-0002-5050-5651View further author information
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Article: 1966134 | Published online: 26 Aug 2021
 
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ABSTRACT

This study evaluates the productivity of energy efficiency (EE) measures taken at the regional level employing a set of non-parametric statistical methods. The first aspect is investigating the impact of various energy efficiency measures. A high proportion of the population lives in apartment buildings, with limited opportunities to manage their own energy efficiency. The second research aspect of this paper is the study of the effectiveness of various energy efficiency measures in the context of low energy prices. Our analysis indicates that only two tools exert a long-term positive effect on reducing the economy’s energy intensity for all regions. This is the use of combined heat sources in large cities and implementing ISO 50001 in large companies. These two energy efficiency measures work even under low energy prices, which do not sufficiently stimulate the introduction of innovative energy-saving technologies.

Notes

Additional information

Funding

The publication was prepared with the support of the grant of the President of the Russian Federation for young scientists—candidates of sciences   MK-5006.2021.2 and RUDN University Strategic Academic Leadership Program.

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