Competitiveness Economic Assessment of Russian Natural Gas and Electricity Supplies for China under Inter-Fuel Competition

Abstract

Calculations to assess the effectiveness of inter-fuel competition between natural gas, coal and electricity for the production and consumption of thermal energy in China are presented in the article. The analysis of electrical capacity, the structure of the electrical balance, and the dynamics of production and consumption of energy resources (electric and thermal energy, coal, gas) is conducted. Environmental problems due to carbon dioxide emissions at coal-fired power plants in China are revealed. The advantages of using electricity for electric heating for Russia and China are outlined, and the efficiency of the prospects for exporting renewable (nonpolluting) electricity that is generated after the construction of a cascade of hydroelectric power plants in Southern Yakutia for electric heating is evaluated. Effective mechanisms of attraction, formation and use of Russian and foreign investments for projects of construction of HPP cascades with the expected efficiency of invested funds by public and private investors for both countries are proposed.