Russia reviews its stance on renewable energy

Moscow, May 29 (IANS/RIA Novosti) The Russian government believes renewable energy sources have a bright future, and will review its policies toward their broader use, Prime Minister Dmitry Medvedev said Tuesday.

“At the moment, the use of renewable energy sources and green energy is far from what we would like it to be. We probably use only an inconsiderable part of our potential,” Medvedev said at the Startup Village international investor conference at the Skolkovo hi-tech hub outside Moscow.

He said “the abundance of hydrocarbons” in Russia was a reason for the low use of renewable energy sources.

Energy officials and businessmen argued even recently that Russia should continue selling oil and gas instead of dealing with such “trifles”, the premier said.

“But now that attitude has changed, for various reasons. I see various countries and their leaders changing their approach to the issue of green energy, green growth and renewable energy sources,” Medvedev said.

“That is why we are also correcting our position. We, of course, believe that renewable energy sources have a bright future.”

–IANS/RIA Novosti

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