Vol. 53 No. 4 (2023)
ECONOMY SECTORS AND MARKETS

Transformation of Business Models of Generating Companies in the Russian Electricity Market

M.V. Gorgisheli
Department of Strategic and International Management; Graduate School of Business National Research University Higher School of Economics
Bio
И.О. Волкова
Deputy Director of the Institute of Economics and Utility Regulation; Department of Strategic and International Management; Graduate School of Business National Research University Higher School of Economics
Bio

Published 2023-03-30

Keywords

  • generating companies; business model; economic sanctions; transformation; power sector

How to Cite

1.
Gorgisheli М, Волкова И. Transformation of Business Models of Generating Companies in the Russian Electricity Market. ECO [Internet]. 2023 Mar. 30 [cited 2024 Nov. 12];53(4):117-33. Available from: https://ecotrends.ru/index.php/eco/article/view/4594

Abstract

The paper considers the transformation of business models of Russian generating companies as a response to new challenges. The coronavirus pandemic and the sanctions package of Western countries have influenced the global trends previously operating in the Russian electric power market and formed a number of limitations. The general negative consequences of these events are shown: the rupture of previous value chains, the need to find new sources of investment, possible deterioration of assets, the slowdown of digitalization. The directions of changes in the business models of individual groups of generating companies as part of the search for new sustainability are described.

References

  1. Княгинин В. Н., Холкин Д. В. Цифровой переход в электроэнергетике России: Экспертно-аналитический доклад // Центр стратегических разработок. 2017.
  2. Линник В. Ю., Линник Ю. Н. COVID-19 и энергетика: вызовы високосного года // Приоритетные и перспективные направления научно-технического развития Российской Федерации. 2021. С. 142–148.
  3. Шереметцев Э. Потребность в цифровизации становится все больше // Газета «Энергетика и промышленность России». 2022. № 7 (435) апрель.
  4. Fedosova, A., Volkova, I. (2018). Client orientation of central power generation companies. International Journal of Energy Sector Management. Т. 12. No. 1. Pp. 169–188.
  5. Johnson, M.W., Christensen, C.M., Kagermann, H. (2008). Reinventing your business model. Harvard business review. Т. 86. No. 12. Pp. 57–68.
  6. Plewnia, F., Guenther, E. (2018). Mapping the sharing economy for sustainability research. Manag. Decis. 56. Pp. 570–583.
  7. Raabe, B.; Low, J.S.C.; Juraschek, M.; Herrmann, C.; Tjandra, T.B.; Ng, Y.T.; Kurle, D.; Cerdas, F.; Lueckenga, J.; Yeo, Z.; et al. (2017). Collaboration Platform for Enabling Industrial Symbiosis: Application of the By-product Exchange Network Model. Procedia CIRP. 61. Pp. 263–268.