| Summary: | The paper deals with the current state and problems of the Russian and World fuel and energy complex. Special attention is paid to the prospects for the development of alternative energy and the search for real opportunities to limit the monopoly power of oil producing and refining companies, which is a promising economic and technological task. The relevance of the paper is determined by the importance of solving the issues of searching for alternatives to hydrocarbon fuel in domestic and industrial use, especially for the Russian economy, for which the oilproducing and refining sector is not only a driver of economic development, but also a strategic lever for the implementation of geopolitical interests. In this regard, the paper considers the existing methods and suggests the approach to the use of biofuels as cheap and affordable raw materials for the development of alternativeenergy.
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