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Development of Tools to Support Decision Making in Evaluating the Performance of State Energy Efficiency Policy (the Case of Russian Regions)

The Leading Practice of Decision Making in Modern Business Systems

ISBN: 978-1-83867-476-2, eISBN: 978-1-83867-475-5

Publication date: 2 December 2019

Abstract

The energy efficiency policy is a priority component of the overall economic policy of different countries striving to ensure the competitiveness and sustainability of national economic development. The improvement of energy efficiency represents an important economic task for the post-Soviet countries, characterized by excessive energy intensity of the economy, and the solution of this task requires proper information and analytical support: a system for accounting and analyzing energy consumption indicators. The present research is aimed at developing the tools to support decision-making in the sphere of evaluation and estimation of performance of the State energy efficiency policy of territories and testing these tools on the example of Russian regions. The study has been carried out using the methods of statistics, economic, mathematical and econometric modeling, structural, dynamic and comparative analyses. The following tools have been proposed: the method for differentiated accounting of various factors’ influence on the dynamics of energy consumption in the regions and for estimating the index of technological efficiency of electricity consumption; the method for the empirical classification of territories by types of their energy and economic development. We’ve revealed the general trend and typological features in the dynamics of electricity consumption efficiency indicators in the constituent entities of the Russian Federation and carried out the decomposition factor and comparative analysis of energy consumption patterns of the Volgograd region over 2005–2014 on the basis of the proposed tools.

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Acknowledgements

Acknowledgments

The research was funded by the Russian Fund of Fundamental Research and Administration of the Volgograd region, project “Development of tools for decision making on estimating the effectiveness of energy saving policy and increasing energy efficiency of the region” No. 17-12-34041-OGN.

Citation

Bogachkova, L.Y., Guryanova, L.S. and Khurshudyan, S.G. (2019), "Development of Tools to Support Decision Making in Evaluating the Performance of State Energy Efficiency Policy (the Case of Russian Regions)", Popkova, E.G. and Chesnokova, A.V. (Ed.) The Leading Practice of Decision Making in Modern Business Systems, Emerald Publishing Limited, Leeds, pp. 151-168. https://doi.org/10.1108/978-1-83867-475-520191017

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Emerald Publishing Limited

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