FORECASTING ENERGY MARKET DEVELOPMENT SCENARIOS

2020 ◽  
Vol 3 (11) ◽  
pp. 15-19
Author(s):  
I. B. TESLENKO ◽  
◽  
A. A. PROCHNOVA ◽  
Keyword(s):  
Electric Power ◽  
Electricity Market ◽  
Electric Power Industry ◽  
Power Industry ◽  
Market Development ◽  
Energy Market ◽  
Development Scenarios

The article highlights the main challenges faced by the electricity market during the coronavirus pandemic. The main prospects and new trends in the development of the electric power industry are highlighted.

scholarly journals The influence of the «technological unity of power» on the structure of contractual relations in Russian electric power industry

2020 ◽  
pp. 96-105
Author(s):  
V. S. Eliseev
Keyword(s):  
Electric Power ◽  
Electricity Market ◽  
Electric Power Industry ◽  
Power Industry ◽  
Organizational Level ◽  
Communication Structure ◽  
Legal Nature ◽  
The Russian Federation ◽  
Contractual Relations ◽  
Energy Companies

The article analyzes the formation of the contractual communication structure in the electric power industry after its reform in the Russian Federation. The electric power industry in the USSR was built on the basis of technological unity. This principle was violated as a result of the privatization of the energy sector. At the organizational level have been produced: a parallel gap of the joint electricity producer; series‑parallel gap of transmission; the functional gap of electricity transmission; electricity market is divided into wholesale and retail. A large number of intermediaries were created. In the future, a special structure of contractual relations was created, which was mandatory. The conclusion of contracts for energy companies became mandatory; contracts became standard; pricing was mandatory. This was done on the basis of the principle of technological unity of the electric power industry, which allowed the author to draw a conclusion about the administrative and legal nature of the structure of contractual relations in the electric power industry.

The Peculiarity of the Formation of the Market of Electric Power Industry and Its Importance for the Economy of the Donetsk People's Republic

2018 ◽  
Vol 6 (5) ◽  
pp. 41-44
Author(s):  
Наталья Морозова ◽  
Natal'ya Morozova ◽  
А. Кривонос ◽  
A. Krivonos
Keyword(s):  
Electric Power ◽  
Electricity Market ◽  
Electric Power Industry ◽  
Power Industry ◽  
The State ◽  
Energy Industry ◽  
Market Participants

The article deals with the energy industry of the Donetsk People’s Republic. The specificity of such a commodity as electricity is highlighted. Based on this features of the electricity market are developed. The state of the electricity market, participants and decisions on improving the functioning of the power industry of the DNR are considered.

ELECTRICITY MARKET OF REGIONS OF UKRAINE IN THE CONTEXT OF MODERNIZATION CHANGES

2017 ◽  
Author(s):  
Serhii Pysanko ◽  
◽  
Roman Romanyuk ◽  
Olena Pavlova ◽  
Kostiantyn Pavlov ◽  
...  
Keyword(s):  
Power Systems ◽  
Electric Power ◽  
Electricity Market ◽  
Power Plants ◽  
Raw Materials ◽  
Thermal Power ◽  
Electric Power Industry ◽  
Energy System ◽  
Power Industry ◽  
Large Power

Electricity market of regions and Ukraine in the context of modernization changes The article considers the importance, structure and electricity in the fuel and energy complex of the country and regions. It was found that in the production of electricity used (TPP), hydraulic (HPP) and hydroaccumulative (PSP), nuclear (NPP) stations. The connection of electric power industry with industry is shown. The largest power plants of the regions of Ukraine were inspected. The mechanism of operation of condensing and thermal power plants is clarified. The defining principles of development and location of electric power of Ukraine are noted. The place and role of nuclear power plants in ensuring the principles of energy security of the country are described. The peculiarities of the problem of the electric power industry are highlighted, which are primarily the use of low-risk nuclear reactors, as well as the still current import of uranium ores as raw materials from Russia. Utilization of NPP waste remains an unresolved problem. Large power plants have been structured into integrated power systems, which locally form a unified state energy system. Alternative power plants are listed as centers of economic electricity, their advantages in comparison with traditional types of energy are highlighted, and the disadvantages are also emphasized.

ECONOMIC BEHAVIOR OF CONSUMERS UNDER CONDITIONS OF CONTEMPORARY CHALLENGES IN THE POST-REFORM PERIOD OF DEVELOPMENT OF THE ELECTRIC POWER INDUSTRY IN RUSSIA

2020 ◽  
Vol 1 (11) ◽  
pp. 33-45
Author(s):  
S. Ya. CHERNAVSKII ◽  
◽  
N. R. KHACHATURYAN ◽  
Keyword(s):  
Electric Power ◽  
Electricity Markets ◽  
Electricity Market ◽  
Power Plants ◽  
Fossil Fuels ◽  
Electric Power Industry ◽  
Power Industry ◽  
Economic Behavior ◽  
Negative Consequences ◽  
New Phenomena

The article examines the consequences of the reform of the Russian electric power industry, which resulted in the formation and operation of: wholesale electricity markets in the European part of the country, including the Urals, and in Western Siberia; the system of state-owned companies transporting electricity; and the aggregate of market platforms for the retail electricity market. New phenomena are analyzed, in particular: the emergence of vertically integrated companies coordinating the production and combustion of fossil fuels in power plants; the emergence of competition in the heat market from the side of heat generating plants, which led to financial losses for the existing CHP plants that are part of heat generating companies - participants in the wholesale electricity market; the withdrawal of some heat consumers from the market and the construction of their own heat generating plants; failure to create a competitive retail electricity market. Measures are proposed to prevent the negative consequences of the detected phenomena.

scholarly journals IMPROVEMENT OF THE TARIFF POLICY IN THE ELECTRIC POWER INDUSTRY TO ACHIEVE SECTORAL AND MACROECONOMIC BALANCES

2019 ◽  
Vol 2019 (3) ◽  
pp. 3-21
Author(s):  
Victor LOGATSKIY ◽  
Keyword(s):  
Electric Power ◽  
Electricity Market ◽  
Financial Burden ◽  
Electric Power Industry ◽  
Power Industry ◽  
Technical Condition ◽  
Economic Indicators ◽  
Market Model ◽  
Electricity Distribution ◽  
Tariff Policy

The problems of formation of tariff policy under conditions of transition to a new model of the electricity market in Ukraine and introduction of incentive pricing in the electric power industry are considered. The main shortcomings of the existing electricity market model are identified, as well as the institutional structure and functional interaction of market segments of a new market model based on free pricing for electricity as a commodity. The attention is paid to the fact that in order to achieve sectoral and macroeconomic balance, it is necessary to properly justify prices for electricity distribution services under conditions of transition to a new market model, since tariffs for these services will be further regulated by the state. It is determined that the main criteria for the formation of adequate tariffs in Ukraine should be as follows: the feasible financial burden for the vast majority of participants in the electricity market in order to ensure the balance of the market; sufficient financial resource to maintain the proper technical condition of the energy infrastructure. The main shortcomings of the existing regulatory framework for the introduction of the incentive pricing for the distribution of electricity in Ukraine and the reasons associated with delaying the application of the incentive pricing for these services in Ukraine are identified. The main constituent elements of the structure of incentive pricing are considered, which are incorporated in the economic-mathematical model with the purpose of scenario forecasting of financial and economic indicators of the electricity distribution sector. The author shows that the predictive tariff rates (obtained as a result of the simulation) for electricity distribution for various categories of consumers, as well as aggregated financial and economic indicators of electricity distribution companies, should be considered as sectoral benchmarks for decision-making at the level of the national energy regulator.

scholarly journals Controversial Results of the Reform of the Russian Electric Power Industry in 1986–2008

2021 ◽  
pp. 109-120
Author(s):  
Sergey Ya. Chernavskii
Keyword(s):  
Electric Power ◽  
Electricity Markets ◽  
Electricity Market ◽  
Economies Of Scale ◽  
Electric Power Industry ◽  
Power Industry ◽  
Key Issues ◽  
Wholesale Electricity Market ◽  
Reform Model ◽  
The Cost

The article discusses the ambiguous results of the reform of the Russian electric power industry. Some of the intended goals of the reform have been achieved, while others have not yet been achieved, and the reform should be continued. Although more than 13 years have passed since the final stage of the reform, there is no agreement in the literature on many key issues characterizing the reform: an explanation of the reasons and factors that influenced the decision to reform the Russian electric power industry, the goals of the reform, the type of the reform model, the validity of its adaptation to the real Russian conditions and institutions that had developed by the beginning of the reform, the results of the reform and their value for society. It was found that contradictory results of the reform are caused by both objective and subjective factors. Along with obvious successes (e.g., denationalization of the industry) and obvious failures (including failure to create retail electricity markets) many results (elimination of vertical integration, level of competition on wholesale electricity markets, etc.) are not observable and have not received a clear and unambiguous assessment of their usefulness to society. Studies using modern economic theory and economic-mathematical modeling were required. No statistically significant economies of scale in electricity generation have been found in large companies generating electricity. Thus, the use of competition as a mechanism to coordinate the interests of society, producers and consumers of electricity and the creation of a wholesale electricity market is scientifically justified. Unification of small producers for their withdrawal to the wholesale electricity market should be accompanied by an economic analysis of the cost function of the united company. It is shown that in the short term the wholesale electricity market created in the first and second price zones is close to competitive, but in the long term there is a threat: this market may become uncompetitive.

SMALL HYDROPOWER PLANTS AS A PART OF ELECTRIC POWER INDUSTRY AND ENERGY MARKET OF UKRAINE

2018 ◽  
pp. 73-85
Author(s):  
P. F. Vasko ◽  
M. R. Ibragimova
Keyword(s):  
Renewable Energy ◽  
Power System ◽  
Electric Power ◽  
Electricity Market ◽  
Electric Power Industry ◽  
Power Industry ◽  
Electric Power System ◽  
Small Rivers ◽  
Small Hydropower ◽  
Legal Provisions

Globalization and sustainable development necessitate joint analysis of technological and environmental trends in energy development taking into account current economic and legal provisions. Based on synthesis of the current state of Ukrainian electric power system in general and hydropower in particular, there have been underscored the importance of comprehensive approach in identifying the key tasks of building the pathway of further electric power industry development. The authors provide the characteristics of today’s organizational and technological structure of the electric power system, including the legal provisions regulating its activity. As currently there are significant legislative changes, particular attention was paid to the review of electricity market. Features of the new liberalized electricity market have been determined in comparison with the current market, and also in connection with renewable energy characteristics. Thus, amendments introduced by the new Law “On electricity market” to the green tariff policy have been detailed with the regard to incentive mechanism for development of renewable energy and liability of electricity producers operating under Green Tariff for imbalances. The article focuses on the analysis of the state and growth potential of small hydropower. Еconomic incentives are systematized according to the current legislation. Also, here is presented the potential for possible growth of small hydropower, namely, quantitative result of the exploration of the technical potential of hydropower resources of small rivers. There have been identified a number of barriers and impediments to the construction of small HPPs. Environmental restrictions to the construction of small hydropower stations have been formulated according to the accurate analysis of various branches of national legislation such as the Land Code, the Water Code, the Law “On the Nature Reserve Fund of Ukraine”, etc., as well as valid ratified documents and other key soft-low instruments at the international level. Additionally, provisions of Сustoms and Tax legislation on small hydropower regarding to incentives for technology development have been defined. Consideration of small hydropower projects successfully implemented on the territory of the country confirms the possibility of the future development of small hydropower.

scholarly journals The Dilemma of Long-Term Development of the Electric Power Industry in Kazakhstan

Energies ◽  
2021 ◽  
Vol 14 (9) ◽  
pp. 2374
Author(s):  
Elena Vechkinzova ◽  
Yelena Petrenko ◽  
Yana S. Matkovskaya ◽  
Gaukhar Koshebayeva
Keyword(s):  
Electric Power ◽  
Alternative Energy ◽  
Electric Power Industry ◽  
Power Industry ◽  
Business Community ◽  
Energy Industry ◽  
Energy Market ◽  
Environmental Friendliness ◽  
Active Involvement ◽  
Alternative Energy Sources

This article discusses the current state and trends in the development of the electric power industry in Kazakhstan. An analysis of the energy supply and energy intensity of Kazakhstan’s GDP is provided in this paper. The results of the foresight of the risks and opportunities of the energy industry are described. This study identifies the relationship between the traditional development of the energy industry and the development of alternative energy sources. In addition, the work examines the risks and consequences of various trends in the development of national and global energy. Previous studies have shown that government efforts are insufficient in developing an alternative energy sector in Kazakhstan. The research results show that there is a need to transform energy production from traditional sources towards greater efficiency and environmental friendliness, as well as the active involvement of the business community in the development of an alternative energy market. This is expected to attract more investments and transfer technologies to maintain the country’s position in the energy market of the future.

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