Today’s Mechanisms of Financing the 4th Energy-Transition

Today global community focuses on stepping-up efforts aimed at cutting emissions of green-house gases to the atmosphere. It is connected with active realization of the 4th energy-transition strategy based on replacement of one power sources by others that are more efficient and ecologically clean. C...

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Main Author: E. V. Altukhova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2024-05-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/1977
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author E. V. Altukhova
author_facet E. V. Altukhova
author_sort E. V. Altukhova
collection DOAJ
description Today global community focuses on stepping-up efforts aimed at cutting emissions of green-house gases to the atmosphere. It is connected with active realization of the 4th energy-transition strategy based on replacement of one power sources by others that are more efficient and ecologically clean. Current trends of sustainable development define priorities and new approaches to sources and forms of financing. Serious impact on selection of finance mechanisms is made by sectoral specific features demonstrating key lines of development. The article studies accessible efficient finance tools, which can provide a new format of interaction with regard to principles of power system functioning. As auxiliary resources fostering finance priority identification the author put forward ESG-accounting and ESG-ratings. European experience of using mechanisms of financing energy-effective projects can be interesting. The author formulated principles of the 4th energy-transition, showed key lines in the 4th energy-transition financing with regard to coordination of economic interests of process participants and highlighted the most important sources of financing. It is recommended to prioritize the development of technological competences oriented to home market.
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institution Kabale University
issn 2413-2829
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publishDate 2024-05-01
publisher Plekhanov Russian University of Economics
record_format Article
series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-1ee34294e84f420391da1763072302f52025-08-20T03:36:48ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512024-05-010312713310.21686/2413-2829-2024-3-127-1331237Today’s Mechanisms of Financing the 4th Energy-TransitionE. V. Altukhova0Financial University under the Government of the Russian FederationToday global community focuses on stepping-up efforts aimed at cutting emissions of green-house gases to the atmosphere. It is connected with active realization of the 4th energy-transition strategy based on replacement of one power sources by others that are more efficient and ecologically clean. Current trends of sustainable development define priorities and new approaches to sources and forms of financing. Serious impact on selection of finance mechanisms is made by sectoral specific features demonstrating key lines of development. The article studies accessible efficient finance tools, which can provide a new format of interaction with regard to principles of power system functioning. As auxiliary resources fostering finance priority identification the author put forward ESG-accounting and ESG-ratings. European experience of using mechanisms of financing energy-effective projects can be interesting. The author formulated principles of the 4th energy-transition, showed key lines in the 4th energy-transition financing with regard to coordination of economic interests of process participants and highlighted the most important sources of financing. It is recommended to prioritize the development of technological competences oriented to home market.https://vest.rea.ru/jour/article/view/1977sustainable developmentmechanisms of financingeconomic interestssources of financingde-carbonization
spellingShingle E. V. Altukhova
Today’s Mechanisms of Financing the 4th Energy-Transition
Вестник Российского экономического университета имени Г. В. Плеханова
sustainable development
mechanisms of financing
economic interests
sources of financing
de-carbonization
title Today’s Mechanisms of Financing the 4th Energy-Transition
title_full Today’s Mechanisms of Financing the 4th Energy-Transition
title_fullStr Today’s Mechanisms of Financing the 4th Energy-Transition
title_full_unstemmed Today’s Mechanisms of Financing the 4th Energy-Transition
title_short Today’s Mechanisms of Financing the 4th Energy-Transition
title_sort today s mechanisms of financing the 4th energy transition
topic sustainable development
mechanisms of financing
economic interests
sources of financing
de-carbonization
url https://vest.rea.ru/jour/article/view/1977
work_keys_str_mv AT evaltukhova todaysmechanismsoffinancingthe4thenergytransition