Abstract
The pathway to a low-carbon future is circular. Circular economy and the optimization of resources used in the energy system can be seen as a way to improve energy self-sufficiency. In St. Petersburg, stakeholders of International Innovation Forum and International Economic Forum 2018 have discussed foreign experience and circular economy in Russia, and found several solutions. Representatives from Business Finland partnership shared their experience – how environmentally friendly technologies become profitable business. FIRO-O, OptiKom, Charity second-hand store “Spasibo”, Baltika Brewery (Carlsberg group) and St. Petersburg Urban Eco-Cluster are given as successful examples of circular economy principles in Russia and St. Petersburg. Moscow and Saint Petersburg have different programs under the local authorities’ support in the sphere of environmentally-friendly development. Infrastructure of the Russian regions needs more attention and support from all the stakeholders: the business, the government and the society. The triangle cooperation (business-government-society) is needed. Russian company’s cooperation and integration into the global networks of ecologically responsible businesses could lead to the easier and faster solutions.
Highlights
Energy transition is one of the major environmental sustainability issues for the 21st century
In 2015, the United Nations (UN) passed a resolution that contained a set of 17 Sustainable Development Goals, approved by all participating countries including the Russian Federation (RF) [6, 7]
Referring to RF it should be noticed that the development of the circular economy had been launched not so long ago
Summary
Energy transition is one of the major environmental sustainability issues for the 21st century. The main solution to accelerate this transition is the circular economy. The principle of the circular economy is about achieving the most efficient use of resources. It is a major lever for developing innovative energy transition solutions. The energy industry is leading towards a low-carbon energy system by replacing fossil-based fuels with renewable energy, and plays a key role in enabling circular economy in other industries. Circular economy in the energy system consists of designs, processes and solutions that maximize the efficient use of natural resources for energy production, end use of energy, excess energy and side streams. Circular economy in the energy industry is promoted by cooperation between industries and companies, as well as by services that decrease the overall consumption of energy
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
