Public-private Partnership in the Utility and Energy Sector: Achieved Results, Problems and Challenges

Abstract

The inefficiency of the functioning of the utility and energy sector of Russia, accompanied by limited funds of the state (municipal) budget, actualizes the issues of the use of public-private partnership (hereinafter - PPP) in this area. The purpose of the article is to study the Russian practice of using PPP in the utility and energy sector in the context of evaluating the results achieved, identifying current problems and challenges. The methodological basis of the study was the basic provisions of the dialectical method of cognition. The author defines and systematizes the achieved results of the use of PPP in the utility and energy sector of Russia, starting in 2016 and up to the present. This made it possible to identify problems and challenges related to this process of a legal, organizational, economic, financial, industrial and informational nature. The materials of the conducted research can be used in the development and decision-making to ensure the effective development of the utility and energy sector on the basis of PPP.