Analysis of factors influencing the electricity (capacity) price growth in the energy market of the Siberian Federal District

One of the main competitive advantages of the Russian Federation in the industrial products world markets is the relatively low prices for electricity sold on the domestic market for the industry sectors. Low electricity prices for energy-intensive industrial sectors, such as ferrous and non-ferrous...

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Main Authors: A. P. Dzyuba, D. V. Konopelko
Format: Article
Language:English
Published: Publishing House of the State University of Management 2023-03-01
Series:Вестник университета
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Online Access:https://vestnik.guu.ru/jour/article/view/4199
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author A. P. Dzyuba
D. V. Konopelko
author_facet A. P. Dzyuba
D. V. Konopelko
author_sort A. P. Dzyuba
collection DOAJ
description One of the main competitive advantages of the Russian Federation in the industrial products world markets is the relatively low prices for electricity sold on the domestic market for the industry sectors. Low electricity prices for energy-intensive industrial sectors, such as ferrous and non-ferrous metallurgy, mining, oil extraction and refining, etc., allow Russian economy to occupy a dominant position in various areas of world markets, and industries are able to maintain financial stability indicators and finance modernization and technical re-equipment programs. In the fourth quarter of 2021 and the first quarter of 2022, on the territory of the Siberian United Energy System, which includes consumers of the Siberian Federal District, an increase in prices for electricity supplied to end consumers, primarily industry, was revealed. In March 2022, the increase in electricity prices compared to the same period of the previous year, in the Krasnoyarsk Krai was 18.2 %, in the Republic of Khakassia – 13.1 %. In other regions of Russia over the specified period, the increase in final electricity prices for industry averaged 2.6 %. Thus, the empirical analysis carried out in the article revealed that electricity prices in the regions of the Siberian Federal District actually began to approach the average electricity prices in other federal districts of Russia.
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spelling doaj-art-41e8d77ecd664bd1a97b4d72a7b9aca42025-02-04T08:28:15ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152023-03-011113214310.26425/1816-4277-2023-1-132-1432688Analysis of factors influencing the electricity (capacity) price growth in the energy market of the Siberian Federal DistrictA. P. Dzyuba0D. V. Konopelko1South Ural State UniversityRussian Presidential Academy of National Economy and Public AdministrationOne of the main competitive advantages of the Russian Federation in the industrial products world markets is the relatively low prices for electricity sold on the domestic market for the industry sectors. Low electricity prices for energy-intensive industrial sectors, such as ferrous and non-ferrous metallurgy, mining, oil extraction and refining, etc., allow Russian economy to occupy a dominant position in various areas of world markets, and industries are able to maintain financial stability indicators and finance modernization and technical re-equipment programs. In the fourth quarter of 2021 and the first quarter of 2022, on the territory of the Siberian United Energy System, which includes consumers of the Siberian Federal District, an increase in prices for electricity supplied to end consumers, primarily industry, was revealed. In March 2022, the increase in electricity prices compared to the same period of the previous year, in the Krasnoyarsk Krai was 18.2 %, in the Republic of Khakassia – 13.1 %. In other regions of Russia over the specified period, the increase in final electricity prices for industry averaged 2.6 %. Thus, the empirical analysis carried out in the article revealed that electricity prices in the regions of the Siberian Federal District actually began to approach the average electricity prices in other federal districts of Russia.https://vestnik.guu.ru/jour/article/view/4199wholesale electricity marketretail electricity marketenergy market pricingcapacity marketnode pricesenergy managementmarket for the day aheadpricing in the regionsindustrial energyenergy management
spellingShingle A. P. Dzyuba
D. V. Konopelko
Analysis of factors influencing the electricity (capacity) price growth in the energy market of the Siberian Federal District
Вестник университета
wholesale electricity market
retail electricity market
energy market pricing
capacity market
node prices
energy management
market for the day ahead
pricing in the regions
industrial energy
energy management
title Analysis of factors influencing the electricity (capacity) price growth in the energy market of the Siberian Federal District
title_full Analysis of factors influencing the electricity (capacity) price growth in the energy market of the Siberian Federal District
title_fullStr Analysis of factors influencing the electricity (capacity) price growth in the energy market of the Siberian Federal District
title_full_unstemmed Analysis of factors influencing the electricity (capacity) price growth in the energy market of the Siberian Federal District
title_short Analysis of factors influencing the electricity (capacity) price growth in the energy market of the Siberian Federal District
title_sort analysis of factors influencing the electricity capacity price growth in the energy market of the siberian federal district
topic wholesale electricity market
retail electricity market
energy market pricing
capacity market
node prices
energy management
market for the day ahead
pricing in the regions
industrial energy
energy management
url https://vestnik.guu.ru/jour/article/view/4199
work_keys_str_mv AT apdzyuba analysisoffactorsinfluencingtheelectricitycapacitypricegrowthintheenergymarketofthesiberianfederaldistrict
AT dvkonopelko analysisoffactorsinfluencingtheelectricitycapacitypricegrowthintheenergymarketofthesiberianfederaldistrict