Abstract
Our paper analyzes the issue of managing structural and technological modernization of the Russian power utilities industry based on the basic criteria of sustainable development. We have chosen coal-fired generation and its defining technologies as the main subject for our analysis. Key points of the Russian power utilities development strategy that has been drawn up to 2030 are compared against the basic principles of sustainable development. Moreover, a mathematical economic model is proposed to justify the choice of coal-fired power plant technology from the standpoint of economic, social, and environmental efficiency.
Highlights
No long-term development of the national economy is possible without parsimonious use of natural resources and a respectful attitude toward the environment
Population growth brings about increased needs that can only be satisfied if there is a steady production process, which in turn depends on the sufficiency and availability of resources extracted from the environment
Our findings show that at this fuel price level innovative USC thermal power plant (TPP) designs will generate electricity at a lower cost
Summary
No long-term development of the national economy is possible without parsimonious use of natural resources and a respectful attitude toward the environment. The authors [1] believe that exponential population growth will eventually result either in a complete crash of the existing consumer-driven economy, or a severe crisis with consequences that can be mitigated by adjusting the social production structure to reach an agreement between social, environmental, and economic indicators of national welfare. Population growth brings about increased needs that can only be satisfied if there is a steady production process, which in turn depends on the sufficiency and availability of resources extracted from the environment. The production process is always associated with generation of waste that pollutes the environment. Experts in global environment issues and energy policy cite different projections of the limit to population growth and air/water pollution rate; all of them agree that such a limit does exist and has been approached quite closely by mankind
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