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Midterm Development Conditions for the Electric Power Industry of Russia under Hard Price Constraints

Author

Listed:
  • F. V. Veselov

    (Energy Research Institute, Russian Academy of Sciences (ERI RAS))

  • A. I. Solyanik

    (Energy Research Institute, Russian Academy of Sciences (ERI RAS))

Abstract

The paper considers the required economic conditions for the implementation of midterm plans for the development of the electric power industry in Russia based on financial and economic modeling with allowance for uncertainties in the growth rate of electricity demand and fuel prices, the scale and capital intensity of existing power plant renovation and the development of non-carbon energy sources. The area of industry development options is determined, which is being implemented in the context of the continued average electricity sales price regulation policy below inflation. The need for systematic measures in the pricing policy of the state for the successful development of the electric power industry in the medium term is shown.

Suggested Citation

  • F. V. Veselov & A. I. Solyanik, 2020. "Midterm Development Conditions for the Electric Power Industry of Russia under Hard Price Constraints," Studies on Russian Economic Development, Springer, vol. 31(1), pages 64-70, January.
    • Handle: RePEc:spr:sorede:v:31:y:2020:i:1:d:10.1134_s1075700720010207
    DOI: 10.1134/S1075700720010207
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    References listed on IDEAS

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    1. V. V. Kossov, 2016. "The rationale for projected prices of demand on electricity for industry in Russia up to 2020," Studies on Russian Economic Development, Springer, vol. 27(1), pages 34-44, January.
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