+7 495 989 9610, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»






Economic Analysis: Theory and Practice

Development prospects for the Russian market of equipment and services to microgeneration under sanctions

Vol. 21, Iss. 4, APRIL 2022

Received: 11 April 2022

Received in revised form: 16 April 2022

Accepted: 21 April 2022

Available online: 28 April 2022


JEL Classification: Q43

Pages: 643–664


Svetlana V. RATNER V.A. Trapeznikov Institute of Control Sciences, Russian Academy of Sciences, Moscow, Russian Federation


Inna V. LAZANYUK Peoples' Friendship University (RUDN University), Moscow, Russian Federation


Subject. Due to the pressure of increased sanctions on Russia’s economy, the development of renewable energy depends heavily on internal and external solvent demand for photovoltaic panels and wind turbines. A significant share of demand can be provided by the development of microgeneration based on renewable energy sources in the residential and commercial sector.
Objectives. The aim is to perform a comprehensive analysis of real and potential barriers to the development of the microgenerating equipment market on the basis of renewable energy sources, both on the demand side and on the supply side.
Methods. We conducted the supply-side research by studying the official websites of Russian companies offering solutions for autonomous and backup power supply. Then we interviewed representatives of companies, using the "mystery shopper" method. The demand-side research was undertaken through telephone interviews with professionals and stakeholders related to the microgeneration market development.
Results. We found that nowadays the main barriers to market development are high capital costs and a long payback period for microgeneration projects, as well as insufficient level of development of services for design and installation of microgenerating equipment.
Conclusions. The proposed range of equipment for microgeneration is quite wide and is unlikely to be reduced due to new sanctions imposed by Western countries. The equipment is made either in Russia or in China. However, the quality of information about products and services provided by producer companies is insufficient to successfully promote microgeneration.

Keywords: microgeneration, renewable sources, technical services, consumer behavior


  1. Baranov A.A. [The features of project management in renewable energy]. Ekonomicheskii vestnik IPU RAN = Economic Bulletin of ICS RAS, 2020, vol. 1, no. 1, pp. 34–47. (In Russ.) URL: Link
  2. Ratner S.V. [Estimation of efficiency of State measures to support development of microgeneration based on renewable energy]. Vestnik UrFU. Ser.: Ekonomika i upravlenie = Bulletin of Ural Federal University. Series: Economics and Management, 2018, vol. 17, no. 4, pp. 609–619. URL: Link (In Russ.)
  3. Ratner S.V. [Issues of encouraging the microgeneration based on renewable energy sources]. Natsional'nye interesy: prioritety i bezopasnost' = National Interests: Priorities and Security, 2017, vol. 13, iss. 6, pp. 1102–1113. (In Russ.) URL: Link
  4. Iosifov V.V. [Fuel efficiency standards as a tool for achieving climate policy goals: Performance analysis]. Ekonomicheskii vestnik IPU RAN = Economic Bulletin of ICS RAS, 2021, vol. 2, no. 1, pp. 40–52. URL: Link (In Russ.)
  5. Zadorozhnyaya L.E. [World and domestic practice of non-waste production by transition to the circular economy]. Ekonomicheskii vestnik IPU RAN = Economic Bulletin of ICS RAS, 2020, no. 1, pp. 106–124. URL: Link (In Russ.)
  6. Ratner S., Berezin A., Gomonov K. et al. What is stopping energy efficiency in Russia? Exploring the confluence of knowledge, negligence, and other social barriers in the Krasnodar Region. Energy Research and Social Science, 2022, vol. 85, no. 102412. URL: Link
  7. Bagaini A., Colelli F., Croci E., Molteni T. Assessing the relevance of barriers to energy efficiency implementation in the building and transport sectors in eight European countries. The Electricity Journal, 2020, vol. 33, iss. 8, no. 106820. URL: Link
  8. Ebrahimigharehbaghi S., Qian Q.K., Meijer F.M., Visscher H.J. Unravelling Dutch homeowners' behaviour towards energy efficiency renovations: What drives and hinders their decision-making? Energy Policy, 2019, vol. 129, pp. 546–561. URL: Link
  9. Enteria N., Hiroshi Yoshino, Rie Takaki et al. Case analysis of utilizing alternative energy sources and technologies for the single family detached house. Solar Energy, 2014, vol. 105, pp. 243–263. URL: Link
  10. Gielen D., Boshell F., Saygin D. et al. The role of renewable energy in the global energy transformation. Energy Strategy Reviews, 2019, vol. 24, pp. 38–50. URL: Link
  11. Fidalgo J.N., Fontes D.B.M.M. Fostering microgeneration in power systems: The effect of legislative limitations. Electric Power Systems Research, 2012, vol. 84, iss. 1, pp. 181–186. URL: Link
  12. Kaygusuz A., Keles C., Alagoz B.B., Karabiber A. Renewable energy integration for smart sites. Energy and Buildings, 2013, vol. 64, pp. 456–462. URL: Link
  13. Ratner S.V. [Power supply quality management in energy systems with a mixed power generation type: Organizational and economic considerations]. Finansovaya analitika: problemy i resheniya = Financial Analytics: Science and Experience, 2016, no. 19, pp. 2–6. URL: Link? (In Russ.)
  14. Palm J., Eidenskog M., Luthander R. Sufficiency, change, and flexibility: Critically examining the energy consumption profiles of solar PV prosumers in Sweden. Energy Research & Social Science, 2018, vol. 39, pp. 12–18. URL: Link
  15. Weihua Su, Mengling Liu, Shouzhen Zeng et al. Valuating renewable microgeneration technologies in Lithuanian households: A study on willingness to pay. Journal of Cleaner Production, 2018, vol. 191, pp. 318–329. URL: Link
  16. Hanna R., Leach M., Torriti J. Microgeneration: The installer perspective. Renewable Energy, 2018, vol. 116, part A, pp. 458-469. URL: Link
  17. Balcombe P., Rigby D., Azapagic A. Motivations and barriers associated with adopting microgeneration energy technologies in the UK. Renewable and Sustainable Energy Reviews, 2013, vol. 22, pp. 655–666. URL: Link
  18. Ashwini Kumar Aggarwal, Asif Ali Syed, Sandeep Garg. Factors driving Indian consumer's purchase intention of roof top solar. International Journal of Energy Sector Management, 2020, vol. 13, iss. 3, pp. 539–555. URL: Link
  19. Atulkar S. Purchase intention of Indian customers: A study on solar PV technology. International Journal of Energy Sector Management, 2022, vol. ahead-of-print, no. ahead-of-print. URL: Link
  20. Claudy M.C., Michelsen C., O’Driscoll A. The diffusion of microgeneration technologies – Assessing the influence of perceived product characteristics on home owners' willingness to pay. Energy Policy, 2011, vol. 39, iss. 3, pp. 1459–1469. URL: Link
  21. Hansen A.R., Jacobsen M.H., Gram-Hanssen K. Characterizing the Danish energy prosumer: Who buys solar PV systems and why do they buy them? Ecological Economics, 2022, vol. 193, no. 107333. URL: Link
  22. Gržanić M., Capuder T., Zhang N., Huang W. Prosumers as active market participants: A systematic review of evolution of opportunities, models and challenges. Renewable and Sustainable Energy Reviews, 2022, vol. 154, no. 111859. URL: Link
  23. Schaffer A.J., Brun S. Beyond the sun – Socioeconomic drivers of the adoption of small-scale photovoltaic installations in Germany. Energy Research & Social Science, 2015, vol. 10, pp. 220–227. URL: Link
  24. Ratner S.V., Aksyuk T.D. [Foreign experience of stimulating microgeneration based on renewable energy sources: Organizational and economic aspects]. Nauchno-tekhnicheskie vedomosti Sankt-Peterburgskogo gosudarstvennogo politekhnicheskogo universiteta. Ekonomicheskie nauki = St. Petersburg State Polytechnic University Journal. Economics, 2017, vol. 10, no. 4, pp. 104–113. URL: Link? (In Russ.)

View all articles of issue


ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

Vol. 21, Iss. 4
April 2022