IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-031-14410-3_46.html
   My bibliography  Save this book chapter

Digitalization of Electricity Suppliers’ Activities in the Arctic Zone

In: Challenges and Solutions in the Digital Economy and Finance

Author

Listed:
  • L. N. Babkina

    (Branch of the Russian Presidential Academy of National Economy and Public Administration attached to the President of the Russian Federation)

  • O. V. Skotarenko

    (Murmansk Arctic State University
    Military Academy of Logistical Support named after General of the Army A. V. Khrulyov)

  • E. S. Kuznetsova

    (Murmansk State Technical University)

  • E. S. Khatsenko

    (Chair of Youth Department Murmansk Region)

Abstract

The article presents a case study of a big company operating in the Russian Arctic Zone to explain the need for digitalization of communication between energy resource suppliers and customer markets. Currently, the main way of communication between the energy supplier in question and its customer markets is contractual relations. Their timeliness and quality are becoming particularly important, especially for big businesses. The quality of a resource supply contract directly affects the completeness of the resource supply and performance of the schedule agreed in the contract. Contract performance directly influences the financial and economic performance of the company and, consequently, its competitiveness on customer markets. A contract as a main communication tool is the critical legal instrument, regardless of the annual number and scope of contracts. It applies to various contracts, from several big orders for companies (enterprises) on sectoral customer markets to tens of thousands on a consumer market reaching individuals and households.

Suggested Citation

  • L. N. Babkina & O. V. Skotarenko & E. S. Kuznetsova & E. S. Khatsenko, 2022. "Digitalization of Electricity Suppliers’ Activities in the Arctic Zone," Springer Proceedings in Business and Economics, in: Anna Rumyantseva & Vladimir Plotnikov & Alexey Minin & Hod Anyigba (ed.), Challenges and Solutions in the Digital Economy and Finance, pages 439-450, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-14410-3_46
    DOI: 10.1007/978-3-031-14410-3_46
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-031-14410-3_46. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.