Russia climbs 30 positions in the World Energy Trilemma Index
Moscow, 23 March. – Russia has significantly improved its national energy policy, which resulted in moving up to the 29th place in the World Energy Trilemma Index in 2020. The ranking is presented by the World Energy Council. Compared to the first Index published in 2018, Russia climbed 30 positions.
The ranking tracks 125 countries. It is calculated using 32 indicators of national energy policy efficiency aggregated into three dimensions:
Energy Equity (accessibility and affordability)
Commenting on the report, Nikolay Shulginov said that the World Energy Trilemma Index is a good tool that allows to identify best global practices, see when adjustments are needed and bring certain assessment criteria and methodologies closer together. According to him, substantial strengthening of Russia’s position in the World Energy Trilemma Index is an expected result of consistent joint efforts by government agencies, systemic fuel-and-energy companies, academic community, and industry associations for improving sustainability and reliability of Russian energy system.
Energy security, energy equity and environmental sustainability will be among the key issues on the agenda of the 25th World Energy Congress and Road to Congress series of events organized by the Roscongress Foundation.
“Given that the 25th World Energy Congress will be held in 2022 in St. Petersburg, it is very important for us to get an unbiased assessment of the efficiency of Russian energy policy from international industry experts using such tools. This, in turn, will help represent our vision, in open dialogues, of an ‘equitable’ energy transition based on the principles of technological neutrality and non-discrimination of energy carriers while sticking to the low-carbon development goals to build a sustainable energy industry and solve the global issue of energy poverty,” emphasized the head of the Ministry of Energy of the Russian Federation.
World Energy Trilemma Index has been annually published since 2010 by the World Energy Council and is based on open global and country data – reports by the International Energy Agency (IEA) and the World Bank, information from the Joint Organizations Data Initiative (JODI), as well as public information and answers by representatives of respondent countries. The main goal of the Index is to monitor the comparative effectiveness of measures taken for building a sustainable energy industry and carry out a comparative study of state policy efficiency based on other participants’ indicators.
The full World Energy Council report is available here.