Russia has almost unlimited potential to develop renewable energy projects. Russia has set 4.5% of the energy generation to come from renewable energy sources in 2020. Technical-economic and geographical opportunities for energy efficiency and renewable energy in Russia are enormous – cost-effective investments are possible in district heating systems, buildings, and industry, and for wind, biomass, solar and geothermal energy. Renewable energy currently comprises just 1% of Russia’s energy output, with the government planning to increase this to 4.5% by 2020, in the face of estimates suggesting that up to 30% of Russia’s energy demand could come from renewable sources. That compares poorly with many international counterparts. The European Union is expecting to get 11.5% of its energy from renewable sources in 2010, rising to 20% by 2020 and 30% by 2030. In Canada the figure varies between 3.5% and 15% depending on the province, with the US figure varying between 5% and 30% depending on the state. Even fellow BRIC, India, is getting an estimated 10% of its energy from renewable sources. The largest factor in why Russia doesn’t have a more sizeable renewable energy sector is its wealth of hydrocarbon based resources – copious amounts of oil, gas and coal. This coupled with a history which sees Russia dependent on energy exports for an estimated 80% of its foreign trade earnings has meant renewable sources have traditionally been viewed as minor players. First of all, it is important to note that Russia is a well-established producer of hydroelectric energy, ranking fifth among the world’s producers of renewable energy. 15% of the country’s energy production originates from hydro sources, mostly from colossal hydroelectric power stations. The current discussions on measures to popularize renewable energy focus on decentralized and smaller projects for geothermal, tidal, wind, solar, biofuel, biomass and small-scale hydroelectric power stations. In these areas, renewable energy is still underdeveloped in Russia, although the environment and number of natural resources of the country present considerable potential for it. Like people around the world, ordinary Russians, are increasingly concerned about global warming and the environment, and they want to do something about it. Russia has a huge potential for tidal energy resources, although it is currently only scarcely used. The main difficulty in this field lies in the power transmission, as many of the prospective places lie in remote areas, necessitating for the electricity to be transmitted through large distances. The country has excellent potential for wind power generation as well. An attempt to utilize just 25% of its total potential would yield around 175,000 MW of power. The highest wind energy potential is concentrated along seacoasts, in the vast territories of steppes and in the mountains. Russia has a long history of small-scale wind turbines located in agricultural areas with low population density. As connection to the main energy grid is difficult there, small energy suppliers are in high demand. However, large-scale commercial wind energy production has been having a difficult stand so far in