Development strategy of the fuel energy complex of Russia: from energy and raw materials to innovative model of development

The article deals with current issues of necessity and reasonability of transition from energy and raw materials to innovative model of Fuel Energy Complex development in the Russian Federation. Special attention is paid to the functioning of the industry as a whole. The author designates means and methods of the innovative development model implementation, describes challenges which the FEC would face in the transition from one model to the other, and discusses an alternative idea of combining commodity-based and innovative model of Russian fuel energy sector development.