Search: Energy,Economy (18 materials)


China’s Energy Crisis

... prior to the pandemic, which allowed generation companies to operate normally. Second, in the era of a “new normalcy,” the spike in industrial power consumption and high export rates required for a large-scale crisis were absent. When China’s economy began to rebound after the coronavirus outbreak, these conditions were finally met. Dynamics of Energy Consumption Growth in China’s Secondary Sector in January–September 2011–2021 Compiled by the author using data from,, Given that the tertiary sector has been seriously hit by the pandemic-related restrictions,...


The European Green Deal: Risks and Opportunities for the EU and Russia

... joint “green” projects. The ‘green’ avenues for fostering EU–Russia bilateral relations The European Green Deal affords opportunities for the parties to cooperate. This should not be limited to climate issues alone, although restructuring the energy sector remains a priority. Such cooperation should also include addressing the whole set of measures needed to transition to a “green economy”, with circular economy being one of its ingredients. The latter’s share in the global economy is estimated at some 9% . Investment cooperation might become a key area, primarily encompassing investment in research, manufacturing and infrastructure,...


Russia-Europe: Nothing New on the Western Economic Front?

... Russia in the coming decades. In 2020, the European Commission adopted additional documents setting forth specific directions of the new course in industrial policies and digital transformation, in hydrogen energy, critically important raw materials, energy-efficient construction and building modernization, the closed-cycle economy, agriculture and forestry, and biodiversity. The particulars are still being actively discussed in the European political and expert communities. In 2021–2022, a new legal framework will be adopted and requisite mechanisms launched on the basis ...


Will China’s 14th Five-Year Plan Be Able to Deliver on Its Objectives?

... balance. It presumed the transition from minerals to renewable energy resources, as well as from coal to natural gas. The measures indicated in the 13 th five-year plan related primarily to the electric power industry and the tasks of ensuring sustainable energy supply to the country's economy and population. This approach made it the ‘greenest’ plan so far. (The 13 th Five-Year Plan for Energy Development, 2016). Some alternative energy sources and emission reductions goals have been partially achieved by 2018. For example, carbon ...


Russia might well consider its participation in EU defence policy projects within the framework of PESCO

... structurally complementary. And it is not that we have nothing better to do than build pipelines that – despite resistance from some EU countries – bring gas to Europe. Russia makes a lot of money out of it. The main thing is that we strengthen Europe’s energy security. Another example: despite EU’s unilateral measures against Russia, we have long-established cross-border cooperation, especially in the North-West of Russia – with Finland, Sweden, Poland and the Baltic countries. This is even financially ...


Good News From the Parallel Energy Sector

... that demand for electricity on weekdays will be more like demand for electricity on weekends as people stay at home. But what does that mean for the sector? Former Siemens representative in Russia Dietrich Moeller believes that a slowdown in the global economy and a decrease in the electricity consumption especially in the industrial production, cannot be easily compensated by an insignificant increase in private consumption on a global scale. He is confident that energy companies will face lower electricity prices. Thus, a lower turnover. Steven Griffiths (Vice President for Research and Development, Khalifa University of Science and Technology in Abu Dhabi), suggests that declining demand will change the distribution ...


Russia’s Energy Strategy to 2035

Russia’s Energy Strategy to 2035 (ES-2035) enters, finally, the home stretch. The Ministry of Energy submitted its version of the document to the Russian Government in early October 2019. Once approved (this is expected before year’s end), ES-2035 will become ...


India-Russia Special and Privileged Strategic Partnership in the 21 Century

... strategic partnership. The annual summits that has been taking place since 2000 have helped in making an overall assessment on the wide-ranging aspects of political and strategic cooperation, military and security cooperation, cooperation in the spheres of economy, energy, industry, science and technology, etc.[ 1 ] The 19th summit was held in New Delhi on October 2018 where the two leaders, Indian Prime Minister (PM) Narendra Modi and Russian President Vladimir Putin took stock of the bilateral relationship and ...


Bridges to India

... US-India cooperation works. Over the next twenty years, this can create an Indo-Russian executive bridge similar to the Indo-American one. Commerce between India and Russia would grow in IT and other hi-tech areas as in the Indo-American model. India’s energy needs Energy is the most critical need for India. India imported US$ 112 billion of crude oil in 2018, of which US$ 75 billion of crude came from Middle Eastern countries. This is galling to the Indians, especially given the overwhelming geopolitical ...


Russia and China: Cooperation in a New Era. Results of the 19th National Congress of the Communist Party of China and of the Russian Presidential Election

... areas. 3. The Russian economy is recovering. Vladimir Putin singled out economic growth and the development of an innovative economy as the priority areas of Russia’s domestic policy for his fourth term as President. Russia’s economic and political ... ... investment between the two countries will play an increasingly important role in bilateral economic cooperation. 5. China’s energy requirements are growing, and natural gas imports are in particular demand. At the same time, Russia’s share of the European ...


Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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