The global energy market is going through an important transition process. Successful technology development in the area of Renewable energy sources (RES) and their steady growing competitiveness is promoting more active implementation of the alternative energy generation all over the world. Currently, the shift to RES is no more an issue of the reliability, technical or economic feasibility. Nowadays, the most important factor for the sector development is efficient governmental regulation– namely, the optimal market conditions focused on the investments stimulation, development of scientific/technological and industrial basis in the RES sector.
Absence of an independent body regulating the process of governmental policy formation of RES sector on the one hand, and the demand from the renewable energy market participants for consolidation of efforts and making consolidated decisions on the other hand, stipulated the establishment of the Russia Renewable Energy Development Association.
The Russia Renewable Energy Development Association (RREDA) is a non-profit organization representing the RES sector participants in Russia and aimed to stimulate investments and promote use of the renewable energy generation in the Russian Federation.
RREDA's aim is to consolidate a wide range of stakeholders, including energy generation companies, RES generation project developers, equipment manufacturers (OEMs) and suppliers, scientific research centers, and financial institutions in order to promote efficient institutional development of certain infrastructure for the development of RES sector.
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