The Russian Government has unveiled its “draft general scheme for the placement of electric power facilities to 2042”, which notably forecasts an increase in nuclear, renewables and hydro pumped storage capacity. The scheme implies an increase in the share of nuclear capacity from the current 11% to over 15% by 2042, hydro pumped storage from 0.5% to 2%, and solar and wind from 2% to 7.5%.
The share of thermal is expected to decrease from the current 66% to 56.6%. The share of general hydropower, which currently makes up about 20% of installed capacity, will remain at approximately the same level.
In addition, the scheme forecasts that electricity consumption from 2023 to 2042 will increase to 1,453 TWh, at an average annual growth rate of 2.1% in 2023–2030 and 1.3% in 2023–2042. In terms of power generation, by 2042, the share of thermal will decrease from 63% to 57.7%. The share of nuclear will increase from 19% to 23.5%, while wind and solar generation will rise from less than 1% to 3.3%. The share of hydro will slightly decrease, from 17% to 15.5%.
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