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.

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.

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.

scholarly journals Reforming the electric power industry of Russia: matters of concern, challenges, and solutions

2020 ◽  
Vol 209 ◽  
pp. 02012
Author(s):  
Vladimir Golovshchikov
Keyword(s):  
Electric Power ◽  
Large Scale ◽  
Electric Power Industry ◽  
Power Industry ◽  
Full Potential ◽  
Capacity Markets ◽  
Technological Modernization ◽  
Low Efficiency ◽  
State Of Affairs ◽  
Matters Of Concern

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.

Lost in Translation: Interpreting the Failure of Privatisation in the Brazilian Electric Power Industry

2009 ◽  
Vol 41 (1) ◽  
pp. 59-90 ◽  
Author(s):  
SUNIL TANKHA
Keyword(s):  
Electric Power ◽  
Latin American ◽  
Large Scale ◽  
Electric Power Industry ◽  
Power Industry ◽  
Causal Chain ◽  
Structural Reform ◽  
Lost In Translation ◽  
The Way

AbstractDid Latin American privatisation policies fail because of flawed implementation of fundamentally sound policies or because privatisation policies were themselves seriously flawed? Using the Brazilian electric power reforms as a narrative tool, this paper examines the causal chain assumed by large-scale privatisation policies that were implemented as part of structural reform and adjustment programmes. The paper concludes that many privatisation policies and the economic stabilisation programmes within which they were embedded were not mutually reinforcing in the way that policymakers had expected, and that in their application much of what privatisation theories had claimed was lost in translation.

scholarly journals The scenario of development of electric power industry in the Republic of Kazakhstan

2019 ◽  
Vol 124 ◽  
pp. 04002
Author(s):  
Z. Gel’manova ◽  
O. Pak ◽  
G. Sivyakova ◽  
G. Zhabalova ◽  
O. Lelikova ◽  
...  
Keyword(s):  
Electric Power ◽  
Swot Analysis ◽  
Electric Power Industry ◽  
Power Industry ◽  
Energy Sector ◽  
Saving Energy ◽  
The Republic ◽  
Installed Capacity ◽  
Made In

The article explored the energy sector of the Republic of Kazakhstan. The data on the demand for new installed capacity are presented. The scenarios for the development of the energy sector and factors determining the characteristics of scenarios are considered. The main results of the simulation are analyzed. SWOT analysis was made in the field of saving energy and efficiency energy. Based on the results of the data, conclusions were drawn and measures were proposed.

Improving the integrated reporting of electric-power industry companies

2020 ◽  
Vol 23 (8) ◽  
pp. 922-939
Author(s):  
N.V. Malinovskaya ◽  
M.D. Malinovskii
Keyword(s):  
Comparative Analysis ◽  
Electric Power ◽  
Electric Power Industry ◽  
Power Industry ◽  
Integrated Reporting ◽  
Strategic Objectives ◽  
Methods Of Analysis ◽  
Analysis And Synthesis ◽  
Guiding Principles

Subject. This article deals with the issues relating to improving integrated reporting in terms of dovetailing strategic objectives with capital changes. Objectives. The article aims to develop a system of indicators for disclosure of capital types in integrated reporting of electricity generating companies, as well as recommendations aimed at implementing the fundamental concepts and guiding principles of integrated reporting. Methods. For the study, we used the methods of analysis and synthesis, comparison, generalization, and abstraction. As a case study, we conduct a comparative analysis of the disclosure of six types of capital by the largest electricity generating companies, namely PAO Inter RAO, AO Rosenergoatom and PAO RusHydro. Results. The article formulates proposals for disclosure of capital information to address such a lack of accountability as a contradiction to the principle of coherence. It proposes a system of indicators (core and additional) for disclosure of six types of capital by electricity generating companies. Conclusions. A significant reporting problem is the lack of correlation between key strategic objectives and capital changes. The formulated recommendations for disclosure of capital information can help solve this problem, and increase the attractiveness of the integrated report for capital providers.

EVALUATION OF INDICATORS FOR DETERMINING THE EFFICIENCY AND THE DEGREE OF READY OF THE COUNTRIES TO THE DIGITAL TRANSITION IN ELECTRICITY

2020 ◽  
Vol 1 (11) ◽  
pp. 12-22
Author(s):  
E. V. KARANINA ◽  
◽  
M. A. BORTNIKOV ◽  
Keyword(s):  
Electric Power ◽  
Structural Transformation ◽  
Electric Power Industry ◽  
Energy Transition ◽  
Basic Research ◽  
Power Industry ◽  
Energy Development ◽  
Global Level ◽  
Digital Transition ◽  
State Programs

The digital economy implies a structural transformation in many industries, including the energy sector, without taking into account the state specifics of the industry, for which full-fledged digitalization can be harmful. The aim of the study is to develop a methodology and determine the readiness of countries for digitalization in the electric power industry, taking into account all the main industry groups of factors. The paper analyzes the concept of “energy transition” and defines the indices that are applied to assess this transition at the global level. A system of indices is proposed to determine the degree of readiness for a digital transition in the electric power industry as one of the components of the “energy transition” and the most possible scenario for the transformation of this industry in Russia. The analysis of key areas of digital energy development is presented. The degree of readiness of the leading 100 countries in terms of GDP for digitalization in the electric power industry according to the proposed methodology has been calculated, and the further direction of basic research in this direction has been indicated. Conclusions have been drawn on the appropriateness of developing state programs and the main directions to which DM decision should be drawn with due desire to digitize the industry have been highlighted.

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