Prospects and Barriers for Renewable Microgeneration in India

Today, India is one of the largest emitters of greenhouse gases with fast growing energy demand. The fact that India has no nationwide energy system due to natural causes such as impassable forests, mountainous areas, and considerable distances, makes the development of microgeneration based on renewable energy is a promising direction for this country from technical, economical, and environmental points of view. The present paper aims at analyzing barriers for developing the microgeneration based on the most advanced renewable energy technologies (photovoltaics and small wind) in India. Our results demonstrate that for many territories in India, microgeneration is not just a supplementary way to provide electricity to the local population, but also the only way. Therefore, higher technical requirements are imposed, particularly the need for parallel development of microgrid management and energy storage technologies. This creates additional technical, infrastructural, and financial barriers to development and reduces the role of an individual consumer (prosumer). Due to the low importance of individual consumers, companies selling and servicing micro-generating equipment are more focused on the B2B sells format, manifested in the strategy of their representation on the Internet

Carbon Capture and Storage in Hydrogen Production: World Experience and Growth of Export Opportunities of the Russian Hydrogen Sector

The purpose of this paper is a review of the commercialization and demonstration of CCS projects and an analysis of the commercial prospects for CCS industrial application in the production of low-carbon hydrogen in Russia and globally. The research was carried out using the methods of literature review, detailed analysis of regulatory documents, descriptive statistics, meta-analysis, and case studies. The results of the study clearly show that the widespread introduction of carbon capture and storage technologies can significantly affect the future development of the global energy market and the share of the Russian Federation in it. Despite the growing share of renewable energy in the global energy balance and the production of innovative energy products, the prospects for completely ousting hydrocarbon fuels from the market currently seem unattainable. Therefore, decarbonization of the global economy is impossible without the development of CCS in the coming decades

The global economy in technological transformation conditions: A review of modern trends

Despite the neo-industrial marathon of most developed countries, Russia, China, India, and other developing countries will determine the trend of the world economy in this century. Exogenous factors influence the development of national economic systems, which are particularly significant in the context of the intensification of globalization processes. This study identifies and analyzes the most important new trends in the world economy and investigates the effect of these key trends for the economy and society. The authors emphasize the importance of fifth-generation networks as a digital breakthrough for the connectivity of devices. The authors then investigate the effect of the development of artificial intelligence as one of the key elements of the new technological revolution. Following this, the factors and preconditions behind the emergence of new trends in the world economy are presented, and these trends’ interrelationship and impact on the future of the world economy as part of neo-industrialization are investigated. To this end, a system analysis and economic and statistical methods are used to identify new trends. The identified trends shape the strategy of the economic development of many countries, including Russia, which is highly exposed to external factors