Sustainable Modernization of the Russian Power Utilities Industry

Evgeny Lisin, Andrey Rogalev, Wadim Strielkowski and Ivan Komarov
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Evgeny Lisin: Department of Economics in Power Engineering and Industry, National Research University Moscow Power Engineering Institute, Krasnokazarmennaya str. 14, Moscow 111250, Russia
Andrey Rogalev: Department of Economics in Power Engineering and Industry, National Research University Moscow Power Engineering Institute, Krasnokazarmennaya str. 14, Moscow 111250, Russia
Ivan Komarov: Department of Economics in Power Engineering and Industry, National Research University Moscow Power Engineering Institute, Krasnokazarmennaya str. 14, Moscow 111250, Russia

Sustainability, 2015, vol. 7, issue 9, 1-23

Abstract: Our paper analyzes the issue of managing structural and technological modernization of the Russian power utilities industry based on the basic criteria of sustainable development. We have chosen coal-fired generation and its defining technologies as the main subject for our analysis. Key points of the Russian power utilities development strategy that has been drawn up to 2030 are compared against the basic principles of sustainable development. Moreover, a mathematical economic model is proposed to justify the choice of coal-fired power plant technology from the standpoint of economic, social, and environmental efficiency.

Keywords: energy industry; sustainable development; coal-fired generation; Russian Federation; economic-mathematical modeling; feasibility study (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:7:y:2015:i:9:p:11378-11400:d:54706

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