The current state and prospects for the development of Russian Federation green energy exports

Abstract

Renewable energy is obtained from sustainable sources, which in particular include solar and wind energy, geothermal and hydroelectric energy, biomass, tidal energy. The Russian Federation has a significant potential for the development of “green” energy, is among the leaders in terms of export potential in this area. The article considers the export potential of fuel wood pellets. The European sales market, problems and prospects of entering it were studied as priority areas. The purpose of this study is to assess the export potential of the Russian Federation for “green” energy products, using the example of the group of HS 4401310000 Wood pellets. Within the framework of the study, the following tasks were solved: the importance of export relations in the framework of the development of “green” energy directions was studied, the market of wood pellets of the Russian Federation was studied and the export potential of the country for this group of goods was determined. As a result of the conducted research, the authors concluded that the development of the export of wood fuel pellets is of high importance for strengthening the country’s position in the market of foreign trade in renewable energy sources.