Modeling and analyzing the Russian fuel and energy production and consumption in interaction with its national and regional economies

Abstract

This paper discusses issues of a system energy modeling and the approaches to modeling and studies carried out in this field and by the Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Science. The SONAR-Energy project, being developing by the Institute, includes several models of the national and regional energy systems of Russia, including those from macrolevels to models of large energy units. A central model (OMMM-Energy) belongs to the category of MRIO models, though it has its own features. A modern version includes 6 regions of Russia and 45 sectors of the national economy. It is applied to predict the development of the energy sector of Russia within its national economy and to assess efficiency of large energy projects implementation. A final part of the paper discusses what consequences the displacement of Russian coal and gas from European markets would bring to the economy of the country.