Abstract
The article discusses selected issues of the development of the power industry in Russia. The relevance of the development is related to the development of the electric power industry, meets the Federal Law of the Russian Federation No. 399 “On Amendments to the Federal Law “On Energy Saving and Improving Energy Efficiency...” dated 12/28/2013. The article used statistical methods, the method of averages, the index method ; analyzed trends in the production and consumption of electricity in the Russian Federation; Cause-and-effect relationships between production, consumption, and rising electricity prices have been identified; developed criteria for evaluating the effectiveness of measures to implement the program for the development of the power industry proposed the author’s approach to calculating the degree of effectiveness of the measures taken to ensure the implementation of the program; justified the conclusion about the need to create an institutional system as a mechanism for the innovative development of the electric power industry.
Highlights
The development of electric power industry in Russia has its own characteristics, associated with the formation and use of the energy component of the industry: high capital intensity of electric power facilities, high energy intensity, lack of investment attractiveness, physical and moral depreciation of fixed assets of the industry, insufficiently effective control over costs
High energy intensity is due to some objective factors: cold climate, energy-intensive structure of the industry's economy, and long transport links
Gas-fueled power plants dominate in Russia, including thermal power plants taking up to 63.7%
Summary
The development of electric power industry in Russia has its own characteristics, associated with the formation and use of the energy component of the industry: high capital intensity of electric power facilities, high energy intensity, lack of investment attractiveness, physical and moral depreciation of fixed assets of the industry, insufficiently effective control over costs. The main problems of the power industry are as follows: the non-optimal structure of generating capacity; unreliability of power supply, lack and (or) inadequate investment resources; existence of crosssubsidies between groups of electricity consumers and between electric and thermal energy in the domestic market. According to the rating compiled in 2018 by ACEEE, American Council for an Energy Efficient Economy (The 2018 International Energy Efficiency Scorecard), Russia takes 21stplace out of the 25 with only 34.5 points. One of the main reasons for such a low ranking is the low level of government spending on energy efficiency programs in the industry [3, 4]
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