The Russians proposed to make electricity prices lower than in China

The Ministry of Energy has prepared a bill that should accelerate the development of the electric power industry. One of the goals is to ensure that the gap between the average price of electricity for Russian consumers and a comparable figure in China is 20%. This was reported in the press service of the Ministry, reports RBC.

For this, it is proposed to change the approach to the development of the industry. Instead of a demand-driven model, it is planned to move to a supply-driven model. In addition, the Ministry of Energy wants to launch a new investment cycle.

Among the measures is the state management of orders for the main power and electrical equipment, as well as the unification of design and design solutions in the construction of facilities. It is planned to create a public law company "Rosenergoproekt". It will deal with project typing, industry orders, pricing control and rational placement of energy facilities.

It is also proposed to establish a sectoral financial development institution, a state support operator, to reduce the cost of capital for investments. The Ministry of Energy is working on reducing cross-subsidization in the electric grid complex: this should free up resources for development. In addition, the department is considering reducing interest rates on loans for enterprises in the field of technological sovereignty and reducing the requirements of the Central Bank to the reserves of banks that finance the construction of energy facilities.