Partly explaining the low uptake of energy production from renewable energy sources, Russia accesses huge oil, natural gas, coal, and uranium resources and hosts advanced nuclear energy, oil, and natural gas industries. Yet, the combined effect of the exceedingly low cost of electricity generation via today's photovoltaic modules and wind turbines combined with energy storage in Li‐ion battery and hydrogen obtained via water electrolysis will shortly have a profound impact on Russia's economy and manufacturing industry. The buildup of Russia's clean energy technology industry will require proper planning, rationalization efforts, and the development of creative and effective policies, which will include new educational initiatives in today's new energy technologies and energy management.