Industrial Opportunities of the Energy Transition (specifics and the importance to invest in renewable energy)

Keywords: Production of renewable energy, Economic growth, Labor market

Abstract

The health crisis that has hit the planet over the course of several months will cause serious shocks. The global economy has been also suffering and it will take time for all socio-economic indicators to return to a positive trajectory. However, this particularly difficult situation presents us with a collectively unprecedented opportunity: to anchor economic, political and energy choices in the energy transition and make them an important lever to restart the economy.

The research aimed at the preferences of renewable energies provides the ground for this paper. The main question that this paper seeks to answer is whether renewable energy is an engine of economic growth and an industrial opportunity that Russia can look at to become the world leader.

In the coming months and years, renewable energies will make it possible to provide concrete responses to the three objectives which should guide the recovery plan: fostering the creation of jobs and added value in the world; decarbonize the economy (particularly in the industrial, building and mobility sectors), the only guarantee of generating sustainable jobs and activities; and develop the industrial sector of renewable energies.

Author Biographies

Anna Dokukina, Plekhanov Russian University of Economics

PRUE www.rea.ru

Industrial Economics Department

Entrepreneurship and Logistica Deparment

Ph.D. (Economics), Associate Professor

Domain of research: innovation economy, business smart growth and integration, entrepreneurship, economics of the firm, admired knowledge enterprises, management and strategy, open innovations, business strategies

Hichem Djafar Dit Djaker, Plekhanov Russian University of Economics

Candidate for a master's degree in Economics of High Tech Industrial Companies, Industrial Economics Department, Plekhanov Russian University of Economics.

Consultants senior & Research Analyst

 

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Published
2021-06-29
How to Cite
Dokukina, A., & Djafar Dit Djaker, H. (2021). Industrial Opportunities of the Energy Transition (specifics and the importance to invest in renewable energy). Review of Applied Socio-Economic Research, 21(1), 16-23. Retrieved from https://www.reaser.eu/ojs/ojs-3.1.2-1/index.php/REASER/article/view/66