Technological Changes as the Development Factor of the Global and Russian Energy Sector

Abstract

This article aims to study the real and hidden technological changes that will shape the strategic contours of the world energy civilization development, as well as the development of the Russian energy sector. The paper presents the following main conclusions: i) global energy development and nation states energy sector development are determined by a set of issues, foremost of which is innovation and technological aspect that determines the local and global changes that are likely to lead to the formation of a new energy civilization; ii) new energy civilization is established by concepts of "green economy" and "smart energy". In the new energy civilization for a sufficiently long period, the level of primary fossil energy resources consumption will be reduced, and the consumption of energy derived from renewable energy sources will be increased; iii) The prospect of long-term and distant future now requires a reorientation of national energy sectors from resource-intensive and resource-dependent development type to resource-efficient and resource-tech development type. For the Russian energy sector, which is one of the problematic areas of the national economy, the local and systemic solutions are offered that reduce the level of its energy intensity and improve its energy efficiency.Keywords: Energy Sector, Green Economy, ConsumptionJEL Classifications: O32, Q48, O13, Q28, Q57, Q38