+7 495 989 9610, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
National Interests: Priorities and Security
 

Assessing the efficacy of governmental programs for renewal of fixed assets in power engineering

Vol. 17, Iss. 3, MARCH 2021

Received: 28 January 2021

Received in revised form: 12 February 2021

Accepted: 28 February 2021

Available online: 15 March 2021

Subject Heading: ECONOMIC POLICY OF THE STATE

JEL Classification: O13, P28, Q47

Pages: 538–555

https://doi.org/10.24891/ni.17.3.538

Ol'ga V. NOVIKOVA Peter the Great St. Petersburg Polytechnic University (SPbPU), St. Petersburg, Russian Federation
novikova-olga1970@yandex.ru

https://orcid.org/0000-0001-7025-3634

Yuliya V. ORTIKOVA Peter the Great St. Petersburg Polytechnic University (SPbPU), St. Petersburg, Russian Federation
yuliya.ortikova@mail.ru

ORCID id: not available

Subject. The article focuses on the efficacy of governmental programs for implementing the power capacity supply, which is a long-term contract obliging the company to build new generating capacities within an agreed period of time, while the consumer must pay for the power capacity within the term of the contract at higher power capacity tariffs.
Objectives. The study reviews the outcome of the program for the renewal of generating capacity under the power capacity supply contract and evaluates the 2019 program for retrofitting of generating fixed assets.
Methods. The methodological framework relies upon the comparative analysis of generating capacity renewal programs held in Russia under power capacity supply contracts with reference to the balance of demand and supply.
Results. The article presents the outcome of the 2010 program for the renewal of generating capacities in Russia and gives the comparative description of two programs for the renewal of the Russian generating capacities. We also predict the efficiency of the 2019 program for the renewal of the Russian generating capacity.
Conclusions and Relevance. The above programs helped implement the new effective equipment, reduce the specific consumption of fuel oil equivalent at power plants. However, as the site to be renewed was chosen inappropriately, some regions of the Russian Federation saw the surplus power capacity. The 2019 program accommodates for stringent requirements for the selection of facilities. Having analyzed growth rates of power capacity and demand by power grids, we conclude that the power capacity factor will drop at power plants until 2025, thus putting the cost effectiveness of the above programs at question.

Keywords: power supply contract, renewal of fixed assets, generating facilities, power capacity factor, modernization

References:

  1. Makarov O.A., Barbashina E.A. [Analysis of the problems of the modern electric power industry and strategic ways to solve them in accordance with the concept of the Energy Strategy until 2035]. Vestnik VGUIT = Proceedings of Voronezh State University of Engineering Technologies, 2016, no. 2, p. 366. (In Russ.) URL: Link
  2. Chernavskii S.Ya., Khachaturyan N.R., Tsvetaeva Z.N. [The reform of the Russian power industry through the eyes of analysis. Part 3: How successful is post-reform Russian power industry?]. Vestnik TsEMI = Bulletin of CEMI, 2019, no. 3. (In Russ.) URL: Link
  3. Arkhipova K.N. [Development of the electric power sector in Russia: from the reformation to the present stage]. Voprosy regional'noi ekonomiki = Problems of Regional Economy, 2020, no. 2, pp. 15–24. (In Russ.)
  4. Bugaeva T.M., Novikova O.V. [Modern methods of urban energy system planning]. Energetika. Izvestiya vysshikh uchebnykh zavedenii i energeticheskikh ob"edinenii SNG = ENERGETIKA. Proceedings of CIS Higher Education Institutions and Power Engineering Associations, 2019, no. 4, pp. 377–387. URL: Link (In Russ.)
  5. Galiev Zh.K., Galieva N.V. [Development of the fuel and energy sector in compliance with the energy strategy in Russia]. Gornyi informatsionno-analiticheskii byulleten' (nauchno-tekhnicheskii zhurnal) = Mining Information and Analytical Bulletin (Scientific and Technical Journal), 2019, no. 6, pp. 215–220. (In Russ.)
  6. Favorskii O.N., Filippov S.P., Polishchuk V.L. [Priorities in providing Russia’s power industry with competitive equipment]. Vestnik Rossiiskoi akademii nauk = Bulletin of the Russian Academy of Sciences, 2017, no. 8, pp. 679–688. (In Russ.)
  7. Veselov F.V., Solyanik A.I. [Promotion of investments in the technological renewal of the thermal power industry]. Problemy prognozirovaniya = Problems of Forecasting, 2019, no. 1, pp. 41–54. URL: Link (In Russ.)
  8. Lebedev V.M., Gaak V.K., Finichenko A.Yu., Prihod'ko S.V. [The State and main directions of regional heat power engineering development in Siberian conditions]. Omskii nauchnyi vestnik = Omsk Scientific Bulletin, 2018, no. 5, pp. 51–54. URL: Link (In Russ.)
  9. Mel'nik T.E., Lomakin D.E., Lebedeva E.V. [Increasing the efficiency of using fixed assets of industrial enterprises]. Innovatsionnaya nauka = Innovative Science, 2017, no. 3, pp. 187–189. URL: Link (In Russ.)
  10. Chaika L.V. [Regional development management of energy supply systems in Russia’s European north]. Energeticheskaya politika = Energy Policy, 2016, no. 5, pp. 35–43. (In Russ.)
  11. Duskabilova Z.T. [Russian power market: Problems and strategic directions of its development]. Ekonomika: vchera, segodnya, zavtra = Economics: Yesterday, Today, Tomorrow, 2016, no. 9, pp. 116–128. (In Russ.)
  12. Zhavoronkova N.G., Shpakovskii Yu.G. [Energy Strategy – 2035: Legal Problems of Innovation Development and Environmental Safety]. Vestnik Universiteta im. O.E. Kutafina (MGYuA) = Courier of Kutafin Moscow State Law University, 2020, no. 3, pp. 31–47. (In Russ.) URL: Link
  13. Favorskii O.N., Batenin V.M., Filippov S.P. [Power engineering development: the choice of strategic decisions and their implementation]. Vestnik Rossiiskoi akademii nauk = Bulletin of the Russian Academy of Sciences, 2020, no. 5, pp. 415–424. (In Russ.)
  14. Prokhorova E.K. [The impact of the fixed assets state on the development of Russian industry in the context of international sanctions]. Vestnik Mezhdunarodnogo instituta rynka = Bulletin of the International Market Institute, 2019, no. 1, pp. 30–36. URL: Link (In Russ.)
  15. Marshova T.N. [Power industry production assets: Risks and development prospects]. Ekonomicheskie i sotsial'no-gumanitarnye issledovaniya = Economic and Social Research, 2016, no. 3, pp. 42–58. URL: Link (In Russ.)
  16. Romanova O.A. [Features and legal problems of territorial planning in the power industry]. Vestnik Universiteta im. O.E. Kutafina (MGYuA) = Courier of Kutafin Moscow State Law University, 2020, no. 3, pp. 56–65. URL: Link (In Russ.)

View all articles of issue

 

ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

Journal current issue

Vol. 17, Iss. 9
September 2021

Archive