Renewable Energy and Small Business: Synergies and Sustainability Strategies

Abstract

The article highlights topical and, in many respects, debatable problems of the development of renewable energy both in the world economy and in Russia. Despite a 75% increase in generation from wind and solar stations in 2021, Russia's share in global electricity generation significantly exceeds its share in the use of renewable energy sources. What should be the priorities of the Russian state policy in this area and what are the methodological foundations for the formation of a strategy for the development of “green energy” – ​the solution of these issues lies in line with the priorities of modern economic science? Based on the tools of the general organizational science – ​tektology – ​the paper provides a theoretical justification for the possibility of synergistic effects when small and medium-sized businesses are involved in the development of the renewable energy sector, including for Russian conditions. The result of the formation of new ties between the subjects of the sectors under consideration and the participation of small and medium-sized businesses in the project of creating “green energy” will be to increase the structural stability of the transformable energy complex of Russia, diversify its fuel and energy balance, reduce the negative anthropogenic impact on the environment while reducing the cost of electricity for a wide range of end consumers. Using the example of solar microgeneration on the vertical enclosing surfaces of buildings and structures, the advantages that are currently not fully used for its development in the northern and eastern regions of Russia, which can be realized by small and medium-sized businesses without taking the territories out of economic circulation, are revealed.

Rethinking of Green Economy: A Literature Review

“…The development of green economy is relevant in the context of increasing global environmental challenges associated with anthropogenic destructive impact on the environment. The bioeconomic direction of sustainable development in combination with a closed production cycle becomes relevant, the development of which would help to overcome the imbalance of the ecological and economic system and minimize the burden on the environment (Egorova & Nekrasov, 2022;Romeiro, 2012;Yaremova, 2021;Zvarych et al, 2022). Overall, green economy is an important field of study that has significant implications for sustainable development, economic growth, and social equity.…”