INNOVATIONS IN THE ELECTRIC POWER INDUSTRY: TYPES, CLASSIFICATION AND EFFECTS OF IMPLEMENTATION

In the global energy system, the fight against climate change, meeting the growing demand for electricity, using the opportunities gained through the fourth industrial revolution and affecting all sectors of the economy and the related qualitative changes in the characteristics of electricity demand...

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Autor principal: T. V. Khovalova
Formato: article
Lenguaje:RU
Publicado: Real Economics Publishing House 2019
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Acceso en línea:https://doaj.org/article/9adff551fd61449594ed1e4b7b78b157
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spelling oai:doaj.org-article:9adff551fd61449594ed1e4b7b78b1572021-11-19T10:42:00ZINNOVATIONS IN THE ELECTRIC POWER INDUSTRY: TYPES, CLASSIFICATION AND EFFECTS OF IMPLEMENTATION2618-947X2618-998410.17747/2618-947X-2019-3-274-283https://doaj.org/article/9adff551fd61449594ed1e4b7b78b1572019-11-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/854https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984In the global energy system, the fight against climate change, meeting the growing demand for electricity, using the opportunities gained through the fourth industrial revolution and affecting all sectors of the economy and the related qualitative changes in the characteristics of electricity demand become extremely urgent. In recent years, the general pace of innovation has been growing, while introducing innovation in the energy sector has become a complex long-term challenge. Digitalization of the electric power industry in Russia is one of the key objectives of the industry development. The purpose of this study is to consider the existing classification of innovations from the standpoint of the electric power industry and to determine what qualitative and quantitative effects the introduction of innovations in the Russian electric power industry gives. To calculate the effects, we used data from Federal State Statistics Service and the Russian Energy Agency, as well as annual public reports of the System Operator and data provided by NP «Market Council». An assessment is made based on optimistic and pessimistic scenarios. As the first, the highest values were taken, as the second – the lowest values according to experts' forecasts. First proposed classification of types of innovations in the electric power industry related to changes in technology and changes in the market. The effects of each type of innovation are also calculated. The paper concludes that the effects of innovations due to changes in technology are more influential than innovations due to changes in the market.T. V. KhovalovaReal Economics Publishing House articleinnovations in the electric power industryeffect of innovationclassificationenergy complexdigitalizationRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 10, Iss 3, Pp 274-283 (2019)
institution DOAJ
collection DOAJ
language RU
topic innovations in the electric power industry
effect of innovation
classification
energy complex
digitalization
Risk in industry. Risk management
HD61
spellingShingle innovations in the electric power industry
effect of innovation
classification
energy complex
digitalization
Risk in industry. Risk management
HD61
T. V. Khovalova
INNOVATIONS IN THE ELECTRIC POWER INDUSTRY: TYPES, CLASSIFICATION AND EFFECTS OF IMPLEMENTATION
description In the global energy system, the fight against climate change, meeting the growing demand for electricity, using the opportunities gained through the fourth industrial revolution and affecting all sectors of the economy and the related qualitative changes in the characteristics of electricity demand become extremely urgent. In recent years, the general pace of innovation has been growing, while introducing innovation in the energy sector has become a complex long-term challenge. Digitalization of the electric power industry in Russia is one of the key objectives of the industry development. The purpose of this study is to consider the existing classification of innovations from the standpoint of the electric power industry and to determine what qualitative and quantitative effects the introduction of innovations in the Russian electric power industry gives. To calculate the effects, we used data from Federal State Statistics Service and the Russian Energy Agency, as well as annual public reports of the System Operator and data provided by NP «Market Council». An assessment is made based on optimistic and pessimistic scenarios. As the first, the highest values were taken, as the second – the lowest values according to experts' forecasts. First proposed classification of types of innovations in the electric power industry related to changes in technology and changes in the market. The effects of each type of innovation are also calculated. The paper concludes that the effects of innovations due to changes in technology are more influential than innovations due to changes in the market.
format article
author T. V. Khovalova
author_facet T. V. Khovalova
author_sort T. V. Khovalova
title INNOVATIONS IN THE ELECTRIC POWER INDUSTRY: TYPES, CLASSIFICATION AND EFFECTS OF IMPLEMENTATION
title_short INNOVATIONS IN THE ELECTRIC POWER INDUSTRY: TYPES, CLASSIFICATION AND EFFECTS OF IMPLEMENTATION
title_full INNOVATIONS IN THE ELECTRIC POWER INDUSTRY: TYPES, CLASSIFICATION AND EFFECTS OF IMPLEMENTATION
title_fullStr INNOVATIONS IN THE ELECTRIC POWER INDUSTRY: TYPES, CLASSIFICATION AND EFFECTS OF IMPLEMENTATION
title_full_unstemmed INNOVATIONS IN THE ELECTRIC POWER INDUSTRY: TYPES, CLASSIFICATION AND EFFECTS OF IMPLEMENTATION
title_sort innovations in the electric power industry: types, classification and effects of implementation
publisher Real Economics Publishing House
publishDate 2019
url https://doaj.org/article/9adff551fd61449594ed1e4b7b78b157
work_keys_str_mv AT tvkhovalova innovationsintheelectricpowerindustrytypesclassificationandeffectsofimplementation
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