Promotion of Investments in the Technological Renewal of the Thermal Power Industry

Abstract

The article considers the consequences of various price decision scenarios to promote investments in the technological renewal of the Russian thermal power industry. It is shown that in the context of the balance of interests of the industry and consumers, flexible control of the marginal price level in a competitive capacity market and its segmentation with allowance for the expected growth of gross revenue in the thermal power industry is preferable to the transition to marginal pricing for electricity and power based on the economic return from new power plants.