Issue № 97. April 2023

State Tariff and Antimonopoly Regulation of the Electric Power Complex: Institutional Aspect

Head of the Department for Regulation over Electric Power Industry, Federal Antimonopoly Service of the Russian Federation, Moscow, Russian Federation.
E-mail: vasilyev@fas.gov.ru 
ORCID ID: 0000-0002-5901-9414

The electric power industry is a basic branch setting the vector for the development of the national economy. The electric power industry is one of the most reformed industries. Improving the efficiency of the antimonopoly and tariff regulation is an important direction of state policy. The antimonopoly and tariff regulation is known to form competition in electric power industry. The main emphasis is made on the transition to long-term regulation as the basis for stable sustainable economic growth and the successful functioning of all market participants. The object of the study is the state tariff and antimonopoly policy; the subject of the study is organizational, economic and managerial relations between state and manufactures arising in the process of the state tariff and antimonopoly policy. The aim of the study is to develop and justify institutional mechanisms for regulating and improving efficiency of the electric power complex. The article presents such research methods as content analysis of theoretical concepts, economic-mathematical and statistical methods, an algorithmization method. Based on these methods, institutional changes in the implementation of the state tariff policy are economically justified. The data of the Federal State Statistics Service and the Federal Antimonopoly Service (FAS Russia) constitute the information base of the article. The main results of the study are 1) justifying the need to develop a method for regulating tariffs in the electric power industry, taking into account the balance of interests of all participants in economic processes and increasing the efficiency of their economic activity; 2) the formation of a long-term tariff policy and specific mechanisms for its implementation (application of the method of standards in justifying costs, conclusion of long-term regulatory contracts based on the maturity level of internal business processes of enterprises of the electric power complex).

Keywords

State regulation, tariff policy, antimonopoly policy, electric power complex, regulatory agreement, antimonopoly compliance.

DOI: 10.24412/2070-1381-2023-97-85-97