Problems and Approaches to the Regulation of Public Performance of Electric Power
N. A. Rytova, V. N. Belentsov
Donetsk State University of Management
Annotation: It was established that between the economic, social and environmental components of the social efficiency of electric power there is a dialectical contradiction, where general effectiveness criterion appears the price of electricity produced and sold. The monopolists are constantly striving to improve it in order to extract more profit and technological and commercial losses by consumers. As a result, there is the phenomenon of redistribution of money from the group with high purchasing power in the group with low solvency. It is noted, price discrimination results in the desire of consumers to delay payments for consumed electricity, which contributes to the growth of defaults on the scale of the national economy. The electricity market liberalization to a certain extent restrains price increases has been proved, but there is no the incentive to improve the efficiency of all components of the public electricity sector and achieving their balance.
Keywords: electricity, public efficiency, market power, de-monopolization, nationalization, government regulation of prices.
Pages: 157-163.
Link for citation: Rytova, N. A.; Belentsov, V. N. Problems and Approaches to the Regulation of Public Performance of Electric Power. – Text : electronic. – In: Economics of Civil Engineering and Municipal Economy. – 2015. – Vol. 11, N 4. – Р. 157-163. – URL: https://donnasa.ru/publish_house/journals/esgh/2015-4/04_rytova_belentsov.pdf (date of access: 01.09.2024). (in Russian)
Vol. 11, N 4 (2015)Journal: Economics of Civil Engineering and Municipal Economy
Publish house: Donbas National Academy of Civil Engineering and Architecture