+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Russia Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027

  • PDF Icon

    Report

  • 43 Pages
  • March 2023
  • Region: Russia
  • MarketLine
  • ID: 5782008
Renewable Energy in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The renewable energy market consists of the net generation of electricity through renewable sources. It is divided into five segments, these being hydroelectricity, wind energy, solar, biomass and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means and the market value has been calculated according to an average of annual non-household power price, or equivalent, excluding taxes and levies. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
  • The Russian renewable energy market is expected to generate total revenues of $13.1 billion in 2022, representing a compound annual growth rate (CAGR) of 2.0% between 2017 and 2022.
  • Market production volume is forecast to increase with a CAGR of 1.2% between 2017 and 2022, reaching a total of 156,479.1 GWh in 2022.
  • The primary drivers expected to support the growth of the renewable energy market include growing consumer adoption of green energy, increasing government initiatives to encourage the adoption of clean and green energy, emerging public and private efforts to reduce carbon emissions and rising environmental awareness regarding the negative environmental effects of fossil fuels.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in Russia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Russia
  • Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Russia renewable energy market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Russia renewable energy market by value in 2022?
  • What will be the size of the Russia renewable energy market in 2027?
  • What factors are affecting the strength of competition in the Russia renewable energy market?
  • How has the market performed over the last five years?
  • How large is Russia’s renewable energy market in relation to its regional counterparts?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strengths and weaknesses do leading players have?
7.3. Which companies are responsible for the most significant renewable projects under development?
8 Company Profiles
8.1. RusHydro
8.2. EL5-Energo
8.3. Territorial Generating Company No.1. JSC
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the analyst
List of Tables
Table 1: Russia renewable energy market value: $ billion, 2017-22(e)
Table 2: Russia renewable energy market volume: GWh, 2017-22(e)
Table 3: Russia renewable energy market category segmentation: % share, by volume, 2017-2022(e)
Table 4: Russia renewable energy market category segmentation: GWh, 2017-2022
Table 5: Russia renewable energy market geography segmentation: $ billion, 2022(e)
Table 6: Russia renewable energy market value forecast: $ billion, 2022-27
Table 7: Russia renewable energy market volume forecast: GWh, 2022-27
Table 8: RusHydro: key facts
Table 9: RusHydro: Annual Financial Ratios
Table 10: RusHydro: Key Employees
Table 11: EL5-Energo: key facts
Table 12: EL5-Energo: Annual Financial Ratios
Table 13: EL5-Energo: Key Employees
Table 14: Territorial Generating Company No.1. JSC: key facts
Table 15: Territorial Generating Company No.1. JSC: Key Employees
Table 16: Russia size of population (million), 2018-22
Table 17: Russia gdp (constant 2005 prices, $ billion), 2018-22
Table 18: Russia gdp (current prices, $ billion), 2018-22
Table 19: Russia inflation, 2018-22
Table 20: Russia consumer price index (absolute), 2018-22
Table 21: Russia exchange rate, 2017-21
List of Figures
Figure 1: Russia renewable energy market value: $ billion, 2017-22(e)
Figure 2: Russia renewable energy market volume: GWh, 2017-22(e)
Figure 3: Russia renewable energy market category segmentation: GWh, 2017-2022
Figure 4: Russia renewable energy market geography segmentation: % share, by value, 2022(e)
Figure 5: Russia renewable energy market value forecast: $ billion, 2022-27
Figure 6: Russia renewable energy market volume forecast: GWh, 2022-27
Figure 7: Forces driving competition in the renewable energy market in Russia, 2022
Figure 8: Drivers of buyer power in the renewable energy market in Russia, 2022
Figure 9: Drivers of supplier power in the renewable energy market in Russia, 2022
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Russia, 2022
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Russia, 2022
Figure 12: Drivers of degree of rivalry in the renewable energy market in Russia, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • RusHydro
  • EL5-Energo
  • Territorial Generating Company No.1. JSC

Table Information