The Role of Vertically Integrated Structures in Industry Markets

Vestnik MEI ◽  
2021 ◽  
Vol 1 (1) ◽  
pp. 95-99
Author(s):  
Yuliya V. Zhilkina ◽  
Keyword(s):  
Electric Power ◽  
Vertical Integration ◽  
Structural Changes ◽  
Electric Power Industry ◽  
Power Industry ◽  
Maximum Efficiency ◽  
Pricing Policy ◽  
Existing Problems ◽  
Current State

The electric power industry is a basic sector of Russia's economy that creates necessary conditions for the activity of productive forces and life of the population. The results of electric power industry reorganization in our country are rather ambiguous. The structural changes were carried without taking the vertical integration principles in consideration, which had a significant impact on the pricing policy and investment programs. The results of studying the current state of the sector in the Russian Federation are presented, and recommendations on solving the existing problems based on the vertical integration principles are given. It is pointed out that vertically integrated companies that manage generation, distribution, transmission, and sales do not come in contradiction with the market conditions and, what is more, guarantee the power supply reliability. The relevance of this problem is stemming from the fact that the prices for electricity have a significant influence on the country economy as a whole. Under the currently existing conditions of the rapidly changing world policy, it is especially important to use vertical integration for gaining the maximum efficiency. Thus, these principles are the basis for creating an optimal market structure.

State strategy for the accelerated development of the electric power industry in the Far East of the USSR (1964—1991): historical experience

2021 ◽  
pp. 5
Author(s):  
Aleksey Maklyukov
Keyword(s):  
Electric Power ◽  
Structural Changes ◽  
Far East ◽  
Electric Power Industry ◽  
Power Industry ◽  
Eastern Region ◽  
Regional Energy ◽  
The Far East ◽  
State Strategy ◽  
Far Eastern

The article examines the historical aspects of the formation and implementation of the state strategy for the accelerated growth of the electric power industry in the Far East of the USSR in 1964—1991. The problems of power supply of the Far Eastern region of the country are analyzed, programs for the development of the regional electric power industry are considered, the difficulties of their implementation are revealed, structural changes in the industry and the results of electrification of the region are characterized. The author notes that the problems of regional energy supply had not been solved until the end of the Soviet era. The Far Eastern electric power industry continued to be a costly and lagging industry, slowing down the socio-economic development of the region.

Russian electric power industry reform: 10 years later

2018 ◽  
pp. 39-56 ◽  
Author(s):  
A. B. Chubais
Keyword(s):  
Electric Power ◽  
Large Scale ◽  
Structural Changes ◽  
Private Property ◽  
Electric Power Industry ◽  
Power Industry ◽  
Standard Of Living ◽  
The Past ◽  
Foreign Countries ◽  
Made In

The article presents the main results of the reform of the Russian electric power industry — the reorganization of RAO UES of Russia. Over the past 10 years since the reform, it has become clear that its main goals have been achieved. The monopoly branch, controlled by the state, has turned into a market one based on competition and private property. The necessary structural changes were made in the industry; a system of markets was created; large-scale investments were launched. All this led to a sharp increase in capacity inputs in Russia’s electric power industry. As a result of the reform, the price of electricity for the population, taking into account the PPP, that is, the real standard of living in Russia, and for the majority of industrial consumers is lower than in the leading foreign countries. It has become possible to improve the reliability of the power system and preserve its technological integrity. Proposals for further improvement of the Russian electric power industry are formulated.

scholarly journals Assessment of the impact of risks of energy companies in a pandemic

2020 ◽  
Vol 217 ◽  
pp. 07002
Author(s):  
Natalya Solopova ◽  
Oleg Karpovich ◽  
Anna Minnullina ◽  
Ruslan Minnullin
Keyword(s):  
Electric Power ◽  
Electricity Consumption ◽  
Electric Power Industry ◽  
Power Industry ◽  
Energy Industry ◽  
Expert Assessment ◽  
External Risk ◽  
Energy Companies ◽  
The Impact

The life-supporting role of the electric power industry during the spread of the coronavirus was especially pronounced. Electricity has become necessary for remote education of children, video calls, hospitals, etc. The main trends in electricity demand include changes in the ratio of electricity consumption in industry, transport and commercial sectors, as well as households due to the quarantine of some consumers. The paper identifies key risk-forming factors for the energy industry at the macro level and, based on an expert assessment, identifies the most probable and most powerful risks. By analogy with external risk-forming factors, the internal risk-forming factors of energy companies were analyzed, and their range of internal risks was determined.

The Role of Public Power in a Restructured Electric Power Industry

2001 ◽  
Vol 14 (7) ◽  
pp. 39-50 ◽  
Author(s):  
Christopher C. Klein ◽  
David B. Sapper
Keyword(s):  
Electric Power ◽  
Electric Power Industry ◽  
Power Industry ◽  
Public Power
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