The evaluation of the modernization cost of the transport infrastructure of the Northern Sea Route in the Arctic zone of the Russian Federation

The paper is aimed to figure out the cost of modernization of the transport infrastructure of the Northern Sea Route. Main unfavorable factors, such as fall in prices for energy resources and the necessity of the implementation of ecologically safe and energy efficient technologies are taken into ac...

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Bibliographic Details
Published in:IOP Conference Series: Earth and Environmental Science
Main Authors: Radushinsky D., Mottaeva A., Andreeva L., Dyakova G.
Format: Article in Journal/Newspaper
Language:English
Published: Institute of Physics Publishing
Subjects:
Costs
Energy efficiency
Energy management
Energy resources
Motor transportation
Transportation
Energy efficient technology
Financial modeling
Northern sea routes
Planned investments
Potential investors
Russian federation
Transport infrastructure
Investments
Arctic
Northern Sea Route
Online Access:https://repository.rudn.ru/records/article/record/5201/
Description
Summary:The paper is aimed to figure out the cost of modernization of the transport infrastructure of the Northern Sea Route. Main unfavorable factors, such as fall in prices for energy resources and the necessity of the implementation of ecologically safe and energy efficient technologies are taken into account. It is estimated that the development of Northern Sea Route financial model should also reflect the of effect of introduction of sanctions against the Russian Federation since 2014. The systematize the current conditions for the implementation of the, a survey of expert has been conducted. The total amount of cost appreciation, according to experts, is estimated from 50 to 70% of the base amount of planned investments in different areas. This result could be taken into account while making a proposals to potential investors. © Published under licence by IOP Publishing Ltd.

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