What is to be done to implement Russia’s energy strategy

Abstract

The elaboration of Russia’s power development concepts that envisaged doubled and even tripled power production by 2030 in accordance with an order of the Russian Federation was already under way several years ago. Today these concepts are undergoing revision. In the context of the sharp decline in industrial production, the illusion has arisen that the situation with power supply is relatively satisfactory: production capacities exceed demand by more than 20%. However, this is achieved due to the exploitation of expired and outdated equipment. The wear and tear of fixed assets in power production exceeds the critical mark of 60%. The main negative trends in the development of the Russian energy industry are analyzed, and a number of measures to resolve the existing situation are proposed.