Reduction of Energy Intensity of Gross Regional Product: Opportunities and Limitations
Science Journal of Analytical Chemistry
Volume 6, Issue 6, November 2018, Pages: 46-58
Received: Dec. 3, 2018; Accepted: Dec. 17, 2018; Published: Jan. 16, 2019
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Authors
Gabibulla Rabadanovich Khasaev, Department of Regional Economics and Management, Samara State University of Economics, Samara, Russia
Vladimir Andreevich Tsybatov, Department of Regional Economics and Management, Samara State University of Economics, Samara, Russia
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Abstract
In the article, on the basis of model calculations, the possibilities and limitations of reducing the energy intensity of the Gross Regional Product (GRP) of the subject of the Russian Federation are investigated, provided that the region develops taking into account the requirements of the Energy Strategy of Russia for the period up to 2035. The calculations were carried out on interrelated models of the economy and energy of the Samara region, where scenarios for the region’s energy-efficient development were worked out, taking into account the targets of state programs for energy saving and energy efficiency development, declared in the Energy Strategy. As a result of research, it has been established that economic growth is the most important condition for reducing the energy intensity of GRP, and, the higher economic growth, the greater its contribution to the decrease in the energy intensity of GRP. It is also shown that a 40% reduction in GRP within the period of 2018–2035 is feasible only with the average annual economic growth of at least 5%, even with the absolute implementation of all sectoral programs on energy saving and energy efficiency development. Similar conclusions are true for Russian economy as a whole. If Russian economy develops at an average annual rate of less than 5%, then the main target indicator of the Energy Strategy - a decrease in the energy intensity of GDP by more than forty percent by 2035 compared to 2007 will be fundamentally unattainable.
Keywords
Energy Intensity of GRP, Fuel and Energy Complex, Economic Growth, Modeling, Forecasting
To cite this article
Gabibulla Rabadanovich Khasaev, Vladimir Andreevich Tsybatov, Reduction of Energy Intensity of Gross Regional Product: Opportunities and Limitations, Science Journal of Analytical Chemistry. Vol. 6, No. 6, 2018, pp. 46-58. doi: 10.11648/j.sjac.20180606.11
Copyright
Copyright © 2018 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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