Russia, Central Asia: Report Suggests Development of 2700 MW of Geothermal Energy

Russia can be one of the most energy-competitive areas based on renewables (Lappeenranta University of Technology LUT)

In three of the four envisaged scenarios geothermal energy would provide 2.7 GW of electricity.

A fully renewable energy system is achievable and economically viable in Russia and Central Asia in 2030. Researchers from Lappeenranta University of Technology (LUT) in Finland modeled a renewable energy system for Russia and Central Asia. Results show that renewable energy is the cheapest option for the continent and can make Russia a very energy competitive region in the future.

According to the research, a 100 percent renewable energy system for Russia and Central Asia would be roughly 50 percent lower in cost than a system based on latest European nuclear technology or carbon capture and storage. Renewable energy covers electricity and industrial natural gas demand, not, for example, transport or heating.

In three of the four envisaged scenarios geothermal energy would provide 2.7 GW of electricity.

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