There is a growing realization by russias policy makers and the private sector that increased use of energy efficient and renewable energy technologies can help meet the growing demand for . Renewable energy in russia mainly consists of hydroelectric energy the country is the sixth largest producer of renewable energy in the world although it is 56th when hydroelectric energy is not taken into account some 179 twh of russias energy production comes from renewable energy sources out of a total economically feasible potential of 1823 twh. Russias government decree 449 28052013 renewable energy source development measures has opened the way for new budgetary interest and increased investment in renewable energy market overview renewable energy sector solar geothermal bio fuel and especially wind energy has been actively developing during the last several years. The energy ministry has endorsed a report from the international renewable energy association that estimates russia has the potential for renewables to account for 113 per cent of energy . According to irenas 2017 report remap 2030 renewable energy prospects for the russian federation russia has the potential to increase the projected share of renewables from 49 to 113 of total final energy consumption by 2030 this would require the agency said 15bn a year in investment between 2010 and 2030 the vast majority of
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