Economic and geographical features of the development of renewable energy

M. Yu. Berezkin1, O.A. Sinyugin2

Lomonosov Moscow State University, Moscow, 119991, Leninskie Gory, 1, Russia

E-mail: 1, 2

Abstract. The work is devoted to economic and geographical features and prospects for the development of renewable energy in the world. Three main as- pects are distinguished: structural, innovative and investment. The structure of world energy in the next decade is greatly diversified. High growth rates of in – vestments in renewable energy demonstrate a significant potential for improve- ment. Renewable energy can be considered a high-tech innovative industry. A geographic shift has occurred in investments in renewable energy: developing countries have exceeded developed countries in terms of absolute level of in- vestments.

Keywords: economic geography, renewable energy, innovation, investment