voprecotestВопросы экономикиVoprosy Ekonomiki0042-8736Voprosy Ekonomiki, NP10.32609/0042-8736-2019-4-124-136voprecotest-2169Research Article_______________________________________________Преодоление стереотипов, связанных с возобновляемой энергетикойOvercoming stereotypes of renewable energyhttps://orcid.org/0000-0001-7498-0505ГазманВ. Д.GazmanVictor D.

Газман Виктор Давидович, к. э. н., проф. НИУ ВШЭ

Москва

Moscow

vgazman@hse.ruНациональный исследовательский университет «Высшая школа экономики»РоссияNational Research University Higher School of EconomicsRussian Federation20190404201904124136Copyright © Voprosy Ekonomiki, NP, 20192019Voprosy Ekonomiki, NPVoprosy Ekonomiki, NPhttps://www.vopreco.ru/jour/about/submissions#copyrightNoticehttps://www.vopreco.ru/jour/article/view/2169

В статье рассмотрены предпосылки формирования новой парадигмы в энергетике. Анализируются факторы, влияющие на грядущую смену лидерства среди энергетических генераций, исследуется вариативность проектов создания и функционирования электростанций. Сделан акцент на проблемных аспектах новой генерации — хранении и поставке вырабатываемой энергии, достижении системного паритета, обеспечивающего равновесие в ценообразовании генераций. Обоснованы принципы формирования системы паритетов при сравнении традиционной и новой генераций. Представлены результаты эмпирического анализа 215 проектов возобновляемой энергетики. Определены значимость и направленность воздействия факторов на рост инвестиций. Лизинг рассматривается как эффективный финансовый инструмент преодоления стереотипов, связанных с возобновляемой энергетикой, и как перспективное направление ускоренной реализации инвестиционных проектов.

The article considers prerequisites for the formation of a new paradigm in the energy sector. The factors that may affect the imminent change of leadership among the energy generation are analyzed. The variability of the projects of creation and functioning of power stations is examined. The focus is made on problematic aspects of the new generation, especially, storage and supply of energy, achieving a system of parity that ensures balance in pricing generations. The author substantiates the principles of forming system of parities arising when comparing traditional and new generations. The article presents the results of an empirical analysis of the 215 projects for the construction of facilities for renewable energy. The significance and direction of the impact of these factors on the growth in investment volumes of transactions are determined. The author considers leasing as an effective financial instrument for overcoming stereotypes of renewable energy and as a promising direction for accelerated implementation of investment projects.

энергетикавозобновляемая энергетикафинансовый лизинглеверидж-лизингпроектное финансированиеenergyrenewable energyfossil energyfinancial leasingleveraged financeproject financingReferencesАлферов Ж. И. (2010). Интервью. М.: Свободная пресса.Alferov Zh. I. (2010). Interviews. Moscow: Svobodnaya Pressa. (In Russian).АЦ при Правительстве РФ (2015). Политика субсидирования ТЭК в России и странах мира при снижении цен на энергоносители. М.: Аналитический центр при Правительстве РФ. http://ccgs.ru/system/system/archives/Novosti/Material_k_obsuzhdeniju__Subsidii_TEK.pdfAnalytical Center under the Government of RF (2015). Subsidies policies in the fuel and energy complex in Russia and the world under conditions of lowering prices for energy. Moscow. (In Russian). http://ccgs.ru/system/system/archives/Novosti/Material_k_obsuzhdeniju__Subsidii_TEK.pdfГазман В. Д. (2011). Лизинг: финансирование и секьюритизация. М.: Изд. дом ВШЭ.Gazman V. D. (2011). Leasing: Financing and securitization. Moscow: HSE Publ. (In Russian).Газман В. Д. (2016). Лизинг недвижимости. М.: Изд. дом ВШЭ.Gazman V. D. (2016). Leasing of real estate. Moscow: HSE Publ. (In Russian).Макаров А. А., Григорьев Л. М., Митрова Т. А. (ред.) (2016). Прогноз развития энергетики мира и России 2016. М.: Институт энергетических исследований РАН, Аналитический Центр при Правительстве РФ. http://ac.gov.ru/files/publication/a/10585.pdfMakarov A. A., Grigoryev L. M., Mitrova T. A. (eds.) (2016). The forecast of energy development in Russia and the world 2016. Moscow: Energy Research Institute, RAS; Analytical Center under the Government of RF. (In Russian). http://ac.gov.ru/files/publication/a/10585.pdfAssilea (2015). Rapporto sul leasing 2014. Associazione Italiana Leasing.Assilea (2015). Rapporto sul leasing 2014. Associazione Italiana Leasing.Bloomberg New Energy Finance (2017). New energy outlook 2017, June 15. https://about.bnef.com/new-energy-outlook/Bloomberg New Energy Finance (2017). New energy outlook 2017, June 15. https://about.bnef.com/new-energy-outlook/BP (2017). Statistical review of world energy, June. http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy/downloads.htmlBP (2017). Statistical review of world energy, June. http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy/downloads.htmlCandia G. (2014). Italy. Market review. In: L. Paul (ed.). World leasing yearbook-2014. London: Euromoney Institutional Investor Publication, pp. 286—298.Candia G. (2014). Italy. Market review. In: L. Paul (ed.). World leasing yearbook-2014. London: Euromoney Institutional Investor Publication, pp. 286—298.Mintz Levin (2010). Renewable energy project finance in the U.S.: An overview and midterm outlook. Mintz Levin Greenpaper.Mintz Levin (2010). Renewable energy project finance in the U.S.: An overview and midterm outlook. Mintz Levin Greenpaper.OECD/IEA (2015). World energy outlook 2015. Paris: International Energy Agency.OECD/IEA (2015). World energy outlook 2015. Paris: International Energy Agency.OECD/IEA (2018). World energy outlook 2018. Fossil-fuel subsidies. Paris: International Energy Agency. https://www.iea.org/weo/energysubsidies/OECD/IEA (2018). World energy outlook 2018. Fossil-fuel subsidies. Paris: International Energy Agency. https://www.iea.org/weo/energysubsidies/Ooghe A.-M. (2015). Belgium. Market review. In: L. Paul (ed.). World leasing yearbook-2015. London: Euromoney Institutional Investor Publication, pp. 113—115.Ooghe A.-M. (2015). Belgium. Market review. In: L. Paul (ed.). World leasing yearbook-2015. London: Euromoney Institutional Investor Publication, pp. 113—115.O’Sulivan F. M., Warren C. H. (2016). Solar securitization: An innovation in renewable energy finance. MIT Energy Initiative Working Paper, No. MITEI-WP-2016-05, July. http://energy.mit.edu/wp-content/uploads/2016/07/MITEI-WP-2016-05.pdfO’Sulivan F. M., Warren C. H. (2016). Solar securitization: An innovation in renewable energy finance. MIT Energy Initiative Working Paper, No. MITEI-WP-2016-05, July. http://energy.mit.edu/wp-content/uploads/2016/07/MITEI-WP-2016-05.pdf“Political Economist” (2016). World energy 2016—2050: Annual report. June. http://peakoilbarrel.com/world-energy-2016-2050-annual-report/“Political Economist” (2016). World energy 2016—2050: Annual report. June. http://peakoilbarrel.com/world-energy-2016-2050-annual-report/REN21 (2018). Renewables 2018: Global status report. Paris. http://www.ren21.net/wp-content/uploads/2018/06/17-8652_GSR2018_FullReport_web_final_.pdfREN21 (2018). Renewables 2018: Global status report. Paris. http://www.ren21.net/wp-content/uploads/2018/06/17-8652_GSR2018_FullReport_web_final_.pdfSarad V., Morton T., Berry A. (2016). Five things you need to know about the extension of the ITC/PTC. https://www.pillsburylaw.com/images/content/6/5/v2/65812/TaxAlertDecember2015Tax5ThingsYouNeedtoKnowAbouttheExtensionofth.pdfSarad V., Morton T., Berry A. (2016). Five things you need to know about the extension of the ITC/PTC. https://www.pillsburylaw.com/images/content/6/5/v2/65812/TaxAlertDecember2015Tax5ThingsYouNeedtoKnowAbouttheExtensionofth.pdf

The authors declare that there are no conflicts of interest present.