Abstract

The article highlights the features of economic activity in the energy sector. Economic activity associated with generation, transformation, transmission and use of different forms of energy, is carried out by business organizations of different branches of the energy sector of economy. In this article the author analyzes the structure of the energy sector, including oil and gas sector, coal sector, power generation and nuclear energy sector, as well as alternative energy sector. The author provides the definition of the economic activity in the energy sector taken from the Energy Charter Treaty. The author underlines that the energy sector is closely connected with the use of natural resources, as well as with the energy production, processing and marketing. It is advisable to consider such relations as business relations. They are ruled by the Energy law. The author provides examples of legislative establishment of economic activities in certain energy sectors of the Russian economy (in the sphere of Atomic Energy and in Chapter 8 of the Law of the Russian Federation “On Power Industry”). The author draws the conclusion about the need to improve the legislative system in the sphere of power industry.

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