Russia

With abundant crude oil and natural gas reserves, Russia is a latecomer to wind power. However, it has now held its first auctions, commissioned its first project, and produced its first components.

The joint venture of Finnish developer Fortum and Russian technology giant Rusnano has dominated the country’s first two wind auctions. It won 1GW of 1.65GW available in June 2017, and then 823MW from the 830MW quota a year later.

Meanwhile, to comply with the country’s strict local content laws, manufacturers are preparing to set up production facilities in Russia.

In 2018, 55% of a wind farm must be produced locally, but this requirement will increase to 65% in 2019.

Developers receive state support through power contracts for top-up payments from the wholesale energy market, and these measures will remain in place until 2023.

However, despite petitions to extend the program, the government has not decided on further mechanisms to develop the wind sector.

Tender Watch

RUSSIA In-Depth

Russia & Ukraine - Russia prepares to launch wind sector

RUSSIA: Wind power scarcely exists at all in Russia -- just 14MW across the whole of this huge country -- but there are indications that this could change quite dramatically in the next few years.

Pockets of opportunity in emerging markets

Pockets of opportunity in emerging markets

EUROPE: Wind energy markets on Europe's eastern outskirts, once fertile terrain for those looking for growth in the face of declining opportunities in more mature markets in western Europe, have lost some of their appeal.

Financing in transition in Europe's emerging markets

Financing in transition in Europe's emerging markets

EUROPE: As a growing number of wind-energy investors have targeted central and eastern Europe (CEE) for growth, regulatory uncertainty in key markets such as Poland and Romania has complicated the prospects for financing and could slow down expansion in these regions.

Ukraine And Russia - Slow and steady increases in wind capacity

UKRAINE: The Ukrainian wind industry is steadily developing as part of state plans to increase the share of renewables in the energy balance of the country to 11% by 2020 and a strong interest from private investors.

LESSONS OF CHERNOBYL

Latest Russia news

Russia more than triples capacity in 2020 but now faces delays

Wind farm commissioning in Russia has continued in 2020 as developers caught up with delays from 2019, but they now face a race against time, with 700MW still due to come online by the end of the year

Russia to slash support and increase fines for new wind farms

Government proposes halving support for new projects while mandating 100% local content and increasing fines for late commissioning

Russia to adopt CfD model for wind tenders

The Russian government is expected to change the way it awards wind power contracts in tenders from next year

Lack of grid capacity hampers Russian growth

Following curtailment in the south of the country, government proposes changes that alarm investors

Emerging markets order more than 1GW of wind turbines in September

Just over 1GW of firm orders were reported for wind farms spread across Egypt, Russia, Morocco, Colombia and Vietnam last month

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