About the efficiency of using energy capacities

Sergey A. Nekrasov ()

Economics of Contemporary Russia, 2018, issue 2

Abstract: Replacing the task of optimizing the technological chain “production – consumption of energy†with maximizing the profit of each of its participants led to an imbalance in the development of the energy power. As a result of the excess construction of new energy capacities, the efficiency of its operation is decreasing. In addition to the growth of the investment component, this leads to a multiplicative effect of increasing the cost of electricity due to an increase in the fuel consumption, the number of starts and stops, and the share of fixed costs. In turn, the growth of electricity prices in the long term leads to the replacement of national products by imports. As a result, construction of new energy power stations does not lead to the growth of labor productivity, which was the main goal of electrification, but causes inhibition of economic development and reduction of electricity consumption. The article substantiates the expediency of considering the number of hours of using the installed capacity as a controlling parameter of energy development, in contrast to the construction volume of power capacities. Aligning the load schedule by coordinating production processes at the consumers will reduce the need for peak energy sources. The transformation from satisfying the energy demand to its formation will make possible to integrate renewable energy into the energy system with minimal costs.

Date: 2018
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