V. N. Pulyaeva¹, N. A. Kharitonova¹ and A. Messaoudene¹

¹Financial University under the Government of the Russian Federation, 49, Leningradsky Prospekt, Moscow, 125993, Russia

Abstract

This study discovers the problem of stable and reliable functioning of the Algerian and Russian energy and fuel complexes. The analysis of structural changing in the composition of the energy and fuel balances of the countries under consideration allowed the authors of the article to conclude that there is a need for a wider use of secondary energy resources, which requires government support measures aimed at attracting investments and switching to providing own secondary energy resources. The possibilities of Algeria in the development of solar and wind energy are shown. For Russia, the relevance of the wider use of biomass, in particular, wood processing waste, was noted. At the end of the work, the conditions are defined, compliance with which will allow the governments of both countries to carry out the necessary transformation of national fuel and energy complexes.