Russia micro high energy

Are small modular reactors a key component of Russia's nuclear energy strategy?

The development of small modular reactors (SMRs) is one of the key components of Russia’s nuclear energy strategy to 2050. The main role of SMRs in the context of future deployment in Russia is to power remote regions, including the vast and scarcely populated lands of Siberia and the Russian Far East, which lack extensive power transmission lines.

Is Russian hydro resource base economically feasible?

Gross theoretical potential of the Russian hydro resource base is 2,295 TWh per year, of which 852 TWh is regarded as economically feasible. Most of this potential is located in Siberia and the Far East.

What is Russia's energy strategy?

Russia's energy strategy prioritizes self-sufficiency in gasoline, so it tends to export minimal volumes. However, Russian refiners produced roughly double the diesel needed to satisfy domestic demand, and typically exported half their annual production, much of it to European markets.

What is Russia's solar energy potential?

It has been estimated that Russia's gross potential for solar energy is 2.3 trillion tce. The regions with the best solar radiation potential are the North Caucasus, the Black Sea and the Caspian Sea areas, and southern parts of Siberia and the Far East.

Does Russia have a refining capacity?

Russia has an estimated 6.9 million bpd of refining capacity, and produces a substantial amount of oil products, such as gasoline and diesel. Russian companies have spent the last decade investing heavily in refining capacity in order to take advantage of favorable government taxation, as well as growing global diesel demand.

Why is Russia expanding its liquefied natural gas capacity?

Furthermore, Russia has been expanding its liquefied natural gas (LNG) capacity, in order to compete with growing LNG exports from the United States, Australia and Qatar. In 2021, Russia exported 40 bcm of LNG, making it the world's 4th largest LNG exporter and accounting for approximately 8% of global LNG supply.