Equity Analysis /
Russia

Russia Energy: Regressive new energy strategy hinders development of clean tech

  • Energy Strategy 2035 is regressive and prioritises selling hydrocarbons to the world over new technology

  • Stringent localisation requirements and unpredictable US$-based returns have discouraged investment in renewable energy

  • We estimate that more rounded policies could attract over US$2bn of annual investments until 2030

Russia Energy: Regressive new energy strategy hinders development of clean tech
Vahaj Ahmed
Vahaj Ahmed

Head of Industrials Equity Research

Tellimer Research
15 June 2020
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