Article
Modeling of Prospects for the Development of Regional
Renewable Energy
Svetlana Drobyazko
1,
*, Suparna Wijaya
2
, Pavel Blecharz
3
, Sergii Bogachov
4
and Milyausha Pinskaya
5
Citation: Drobyazko, S.; Wijaya, S.;
Blecharz, P.; Bogachov, S.; Pinskaya,
M. Modeling of Prospects for the
Development of Regional Renewable
Energy. Energies 2021, 14, 2221.
https://doi.org/10.3390/en14082221
Received: 9 March 2021
Accepted: 6 April 2021
Published: 16 April 2021
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1
The European Academy of Sciences LTD, 71-75 Shelton Street Covent Garden, London WC2H 9JQ, UK
2
Polytechnic of State Finance STAN, Bintaro Jaya Tangerang Selatan, Banten 15222, Indonesia;
suparna_w@pknstan.ac.id
3
Faculty of Economics, VŠB-Technical University of Ostrava, 17. listopadu 2172/15,
70800 Ostrava-Poruba, Czech Republic; pavel@seznam.cz
4
Financial University under the Government of the Russian Federation, 49 Leningradsky Prospekt,
125167 Moscow, Russia; bogachov@mail.ru
5
Financial Research Institute of the Ministry of Finance of the Russian Federation, Nastasyinsky Lane, 3, b. 2,
127006 Moscow, Russia; ppinskaya_mila@mail.ru
* Correspondence: drobyazko.s.i@gmail.com
Abstract:
It has been proven that to solve the problems that arise in the combinatorial modeling of
the prospects for the development of regional renewable energy, an algorithmically simple general
combinatorial approach is the most appropriate option. The conceptual express method and corre-
sponding mechanisms of the economic estimation of the efficiency of variants of the formation of
regional systems of renewable energy have been suggested. These variants take into account the
inflationary factors which serve as a basis of the analysis of investment and innovative projects of
renewable energy sources by means of combinatorial modeling methods. To qualitatively analyze
the effectiveness of the compared options, the system of existing indicators of the economic efficiency
of renewable energy sources at the meso-level has been studied. The system was supplemented
by informal and environmental indicators, the need for which is due to the fact that they have
a significant impact on renewable energy in the region. Factors that significantly determine the
effectiveness of the investment and innovation project for the introduction of renewable energy
sources into the regional economy have been substantiated.
Keywords:
renewable energy sources; regional economy; investment and innovation project; effi-
ciency; environment
1. Introduction
Rational use of renewable energy sources (RES) such as wind, solar radiation, geother-
mal energy and biomass is one of the essential components of sustainable development,
which brings significant environmental and energy effects. The growing share of renewable
energy sources in the fuel and energy balance helps to improve the efficiency of use and sav-
ing of energy raw materials, improve the environment, reduce pollution of the atmosphere
and water, as well as reduce the amount of production and human activity waste.
In this regard, supporting the development of renewable energy is becoming increas-
ingly important for almost all countries. RES can play a significant role in the energy
balance of separate regions or provinces of our country, increasing their energy security.
Renewable energy development is able to attract and develop additional infrastructure for
the implementation of new projects and the operation of existing energy facilities. However,
most importantly, the widespread introduction of RES will help solve many environmental
problems that arise in the process of using traditional fuel resources.
The implementation of the regional energy policy is connected with solving the
pressing problems of the functioning and development of the regional energy system.
Energies 2021, 14, 2221. https://doi.org/10.3390/en14082221 https://www.mdpi.com/journal/energies