Abstract

After the collapse of the Soviet Union, independent states switched to market relations and faced a number of problems, which predetermined creation of integration unions that enable them to develop as a single organism. First, the former USSR republics merged into the Commonwealth of Independent States, and then the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation merged into the Customs Union, which later became the Eurasian Economic Union, eventually joined by the Republic of Armenia and the Republic of Kyrgyzstan. On today's agenda of the Eurasian Economic Union is launching of the Common Electricity Market of the Eurasian Economic Union by July 1, 2019. Creation of the Common Electricity Market of the Eurasian Economic Union will certainly let the countries carry out cross-border electricity fl ows and ensure the balance of electricity production and consumption, improve the reliability of electricity supply, and maintain the stability and safety of energy facilities. The paper analyzes the electric power industry of the Republic of Belarus, presents the parameters of production and consumption of electric power, specifi c consumption of fuel equivalent, emissions of pollutants into the atmosphere, energy equipment failures, renewal factors, introduction and withdrawal of fi xed assets and innovative activity. The conclusion is made about the expediency of the republic's participation in the Common Electricity Market of the Eurasian Economic Union, with the positive and negative aspects of such integration for the Republic of Belarus revealed.

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