Russian energy policy is currently at an important watershed. on the one hand, Moscow is emerging as an alternative nonopec supplier of energy. on the other hand, however, there is notable concern that the russia energy strategy is coming closer to the 'energy capitalism model', where foreign energy companies are welcome to invest, but only on the Government’s terms and in partnership with a state-controlled national energy company. this paper discusses the main pillars of the russian energy policy: government control over the export energy infrastructure, major energy assets, decision- making process and use of energy as an instrument of ‘comparative advantage’ in global politics. these pillars fifit into a coherent, Kremlin-shaped energy strategy presently determining the russian foreign policy identity and affecting the global energy security framework.

'Russia is an increasingly important player in global energy markets, yet its policies are under-researched and little understood. This collection represents an important and sophisticated contribution to the debate. While much of the commentary on Russian energy consists of generalizations about Russia's political strategy, this work lifts the lid and looks inside the process through which Russian energy policies are designed and implemented. It brings together essays by top specialists in the field, and makes a conscious effort to integrate the various disciplines of politics, economics and geography by developing a model of the "cognitive frames" through which the policy process is shaped. It addresses both domestic and international dimensions of the problem, and gives equal weight to traditional customers in Europe and new markets in Asia.' Peter Rutland, Wesleyan University, US 'The book explains Russian energy policies, instead of a policy. It portrays a picture with multiple policy drivers, including institutional, regional and federal, environmental and commercial. The study markedly improves our understanding of the multifaceted nature of Russian energy policy, a topical and complex issue. This is a highly commendable book that should be included in the reading lists of anyone with an interest in the role of energy in Russia's political economy or energy matters more generally.' Kim Talus, University College London, Australia Russia's vast energy reserves, and its policies towards them have enormous importance in the current geopolitical landscape. This important book examines Russia's energy policies on the national, interregional and global level. It pays particular attention to energy policy actors ranging from state, federal and regional actors, to energy companies and international financial actors and organizations. The book models the formation of Russia's energy policies in terms of how energy policy actors perceive and map their policy environment. The case studies cover federal, regional and environmental aspects of Russian energy policy, Russia's energy relations with Europe and the CIS, North East Asia, the globalization of Russian oil companies and the political economy of Russian energy. It is found that there are several concurrent energy policies in contemporary Russia, and that this situation is likely to continue. These policies are conducted primarily from the business frame perspective while notions of energy superpower Russia are found more ambiguous. Russia's Energy Policies will benefit advanced master's level students, doctoral students, researchers, policy-makers and practitioners. The book will be a great resource for advanced international relations, political economy, international business and globalisation courses alongside energy policy courses, as well as area studies courses on Russian, post-Soviet and European politics and environmental politics.

This important report looks at the policies and strategies President Putin has developed in the field of energy and at the current climate for foreign investors in the sector. Russian energy policy is at an important watershed. A substantial increase in the output of oil & gas, has led some analysts to view Russia as a reliable, alternative to global dependence on energy supplies from the Gulf. On the other hand, there are concerns that current Russian energy strategy comes closer to the Venezuelan OCyenergy state-capitalismOCO model where foreign energy companies are welcome to invest, but only on MoscowOCOs terms and in partnership with a state-controlled national energy company. How are these strategies unfolding and what are the lessons for private sector investors?"

Despite the success of many countries in increasing energy saving and energy efficiency, the global energy consumption is expected to continue its growth. The main reasons are economic development and population growth happening primarily in developing and emerging economies, especially in India and China. In such circumstances fossil fuels will remain the dominant energy source in the medium and even long run. The present research paper aims at analyzing the current global trends in the energy sector identified through literature review and expert tools, and their influence on Russia. Considering a broad range of factors, the paper determined the following main challenges for the Russian energy sector: tightening competition at international energy markets, the need for comprehensive modernization and stronger energy efficiency measures, the need for technological catch-up in a number of energy sector segments, the need to increase recovery factor at traditional oilfields, and the need to diversify energy mix by increasing the share of renewables. The paper also considers the main rationale for the last challenge that include strengthened security, reliability and sustainability of the Russian energy sector. Among the key preconditions for advancements in renewable energy are improvements in investment climate, modernisation of the central grid and changes in energy policy. The paper is based on the outcomes of the first stage of the Foresight project devoted to renewable energy technologies.

The challenges in Russia’s energy sector are changing. On the demand side, Europe is seeking to limit its dependence on Russian oil and gas, with the result that China and other Asian countries are likely to eventually become growing export markets for Russian energy. On the supply side, oil and gas fields in West Siberia are diminishing and in future Russia’s energy will have to come more from East Siberia and the Arctic, which will necessitate new infrastructure development and the employment of advanced technologies, which may increase Russia’s dependence on commercial partners from outside Russia. This book explores the challenges facing Russia’s energy sector and the resulting security implications. It includes a discussion of how far the Russian state is likely to continue to monopolise the energy sector, and how far competition from private and foreign companies might be allowed.

Seminar paper from the year 2012 in the subject Politics - International Politics - Region: Russia, grade: B, University of Illinois at Chicago, language: English, abstract: Energy policy refers to the approach that governmental entities take to address issues pertaining to development of energy, particularly its production, distribution, and consumption. Energy policy is surrounded by many factors that affect it, which include legislative policies, investment incentives, treaties, taxation policies, and energy conservation, among many other public policy factors. The Russian energy policy is contained in a strategy document, which outlines the nation's energy policy until the year 2020. Russia has been proved to have the largest natural gas reserves in the world, and it recurrently alternates the top oil producer position with Saudi Arabia. Russia is responsible for supplying over a third of the oil and natural gas that Europe uses, and it is even starting to export its surplus to East Asian markets, which are hungry for energy. The energy sector is obviously a vital commercial asset for Russia, but it is much more than just that; for more than a century, Russia's energy sector has been one of its major pillars in the country's stabilization and escalating power. Energy security has been classified as the most fundamental aspect of Russia's national security, and more so because of the recent changes in global trends, which make the continuation of the strength of Russia's energy sector doubtful. Through out the history of Russia, its energy sector has undergone cycles of fluctuating strength and weakness. Since the czarist times, it has been the focus of the country's policy to manage these cycles. However, this history can be traced back to Vladimir Putin's regime. This paper, therefore, will discuss the political pressure activated by Russia's trade of oil and natural gas in Europe during Putin's third presidency.

This important report looks at the policies and strategies President Putin has developed in the field of energy and at the current climate for foreign investors in the sector. Russian energy policy is at an important watershed. A substantial increase in the output of oil & gas, has led some analysts to view Russia as a reliable, alternative to global dependence on energy supplies from the Gulf. On the other hand, there are concerns that current Russian energy strategy comes closer to the Venezuelan 'energy state-capitalism' model where foreign energy companies are welcome to invest, but only on Moscow's terms and in partnership with a state-controlled national energy company. How are these strategies unfolding and what are the lessons for private sector investors?