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Regional Economics: Theory and Practice
 

Models of energy development in the regions of the Arctic Zone of the Russian Federation

Vol. 22, Iss. 10, OCTOBER 2024

Received: 12 February 2024

Received in revised form: 7 March 2024

Accepted: 11 April 2024

Available online: 16 October 2024

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: L94, Q47

Pages: 1927-1942

https://doi.org/10.24891/re.22.10.1927

Vadim V. VOROB'EV Lomonosov Moscow State University (Lomonosov MSU), Moscow, Russian Federation
vadimvorobyov1997@gmail.com

https://orcid.org/0009-0001-2494-7245

Subject. This article examines the Arctic as a source of competitive advantages for the Russian economy and discusses its importance in the global fuel and energy complex.
Objectives. The article aims to find optimal models for ensuring energy balance in the Arctic regions of Russia.
Methods. For the study, I used the case-study method.
Results. The article finds that the unsatisfactory economic and socio-economic indicators of the regions of the Arctic zone of the Russian Federation confirm the need to solve problems related to the energy balance. In most regions, modernization and renewal of energy complexes are required.
Conclusions. The energy challenges facing Russia's Arctic regions are broadly similar, while the options for solving them can be diverse. The forms of ensuring energy sustainability are determined by the resources and opportunities that a particular constituent entity of the Russian Federation possesses.

Keywords: fuel and energy complex, Arctic zone, decentralized energy supply

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