Barents region transition to a green economy

Abstract

The article addresses the development of a green economy through the prism of renewable energy. Currently, interest in the development of renewable energy is growing dramatically, as evidenced by the highest growth of renewable energy among all energy sources in the world balance. The aim of this article is to carry out the quantitative assessment and to estimate economic potential from introduction of promising energy-saving and energy-efficient technologies, new energy sources. This paper considers the energy sector through the renewable energy sources, with a particular focus on the Barents region in view of its specific. The article gives a brief overview of the main types of renewable energy sources in this territory. The article is completed with the evaluation of the energy potential in Russian part of the Barents region.