Comparative analysis of electric power complexes of the European Union and Russia

Authors

  • Artur Arturovich Gibadullin Moscow technological institute

Keywords:

electric power industry, the European Union, the Russian Federation, electricity generation, import, export, electricity generation structure, the Eurasian Economic Union’s Common Electricity Market

Abstract

The article compares the electric power industries of the European Union and the Russian Federation. As a result of the study, it was found that the European electric power industry is superior to the Russian energy industry in terms of export and import of electricity, the use of renewable and non-traditional energy sources and the utilization of production capacity. The paper
presents conceptual mechanisms for increasing the competitiveness and efficiency of the Russian electric power industry during the formation of the Common Electricity Market of the Eurasian Economic Union and the possibility of entering the global electricity market.

Author Biography

Artur Arturovich Gibadullin, Moscow technological institute

Candidate of Economic Sciences
Place of work, post: Moscow technological institute, Department of Power - Associate Professor

Published

2024-02-08

How to Cite

Gibadullin, A. A. (2024). Comparative analysis of electric power complexes of the European Union and Russia. Russian Foreign Economic Journal, (7), 57–65. Retrieved from https://journal.vavt.ru/rfej/article/view/2135

Issue

Section

World economy