GREEN ELECTRICITY AND HEAT GENERATION IN CANADA: IMPLICATIONS FOR RUSSIA

Today, green energy is a new key feature of the sectors in developed and dynamically developing economies. It can stimulate development small medium-sized businesses, greatly impacts on nature conservation generates strong technological impulse. Canada known as one countries with highly considered to use most its resources efficiently. Russia possesses significant reserves natural has high potential field production; however, share balance not high. The authors have compared terms climatic conditions, financial situation, for social attitudes towards energy, demonstrated similarity two countries. Having conducted regression analysis production, further analyzed regional by comparing prices proved that cheaper Canada. Based obtained results, system recommendations electricity both heating. main findings include recommendations, reasons reluctance Russian society introduce suitable regions transformation. Keywords: Russia, Canada, electricity, heating, strategy JEL Classifications: O13; Q42 DOI: https://doi.org/10.32479/ijeep.10972