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Regional Economics: Theory and Practice

Energy intensity of Russia's industrial regions: Assessment and potential for reduction

Vol. 22, Iss. 4, APRIL 2024

PDF  Article PDF Version

Received: 15 January 2024

Received in revised form: 18 February 2024

Accepted: 5 March 2024

Available online: 15 April 2024


JEL Classification: L51, O25, R11, R52, R58

Pages: 691–709


Valerii I. BELOV North-West Institute of Management (NWIM), Branch of RANEPA, St. Petersburg, Russian Federation

ORCID id: not available

Subject. This article discusses the issues of development of mining and manufacturing industries and energy consumption growth.
Objectives. The article aims to develop strategic recommendations to reduce the energy intensity of some regions' economy, taking into account the potential for the region's development.
Methods. For the study, I used various methods of statistical data processing.
Results. The article finds that technological and production factors have an impact on reducing the energy intensity of industrial regions.
Conclusions. When making decisions aimed at improving the energy efficiency of the region's economy, it is necessary to take into account both the growth rate of the volume of shipped goods of own production and the specifics of energy consumption in the region.

Keywords: energy efficiency, regional energy intensity, experiencing power shortages region, manufacturing industry, extractive industry, regional energy saving program


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