Abstract

The results of reforms in the Russian electric power industry and the main problems facing the industry that hinder not only its development, but also reduce the efficiency of its operation are presented. The analysis of the current regulatory framework in the electric power industry is provided.It is shown that the ongoing process of digitalization and intellectualization of the electric power industry will fail to attain its full potential unless large-scale technological modernization of the industry is implemented, and both directions should be pursued simultaneously. The wholesale and retail electricity and capacity markets created, as a result of the electricity reform are of low efficiency and call for introducing significant changes. In order to carry out the necessary transformations, some priority measures are proposed to improve the state of affairs in the Russian electric power industry and ensure its prospective development.

Highlights

  • The problems accumulated over time in the electric power industry of the Russian Federation (RF), caused by the ongoing reform of the industry, for many years keep going the discussion among the academic and engineering community and representatives of authorities at various levels, from federal to municipal [1,2,3,4,5,6,7,8,9,10]

  • The process of digitalization of the country's economy in general and the electric power industry in particular is growing in intensity at the initiative of Russia's top leadership

  • With its introduction the possibility of moving away from predictive and preventive maintenance (PPM) to repairs based on the analysis of equipment health, which is enabled by the mature digital fault detection system [12], is considered

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Summary

Introduction

The problems accumulated over time in the electric power industry of the Russian Federation (RF), caused by the ongoing reform of the industry, for many years keep going the discussion among the academic and engineering community and representatives of authorities at various levels, from federal to municipal [1,2,3,4,5,6,7,8,9,10].At that, both issues of conceptual nature (ways and methods of development of the industry, competition, market relations) and current issues, including equipment health and modernization, informatization, tariff formation, etc. are covered.At present, the process of digitalization of the country's economy in general and the electric power industry in particular is growing in intensity at the initiative of Russia's top leadership. Both issues of conceptual nature (ways and methods of development of the industry, competition, market relations) and current issues, including equipment health and modernization, informatization, tariff formation, etc.

Results
Conclusion
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