State support measures for import substitution impact on the investment projects efficiency in the power industry
Journal: Vestnik Universiteta
Year: 2023

In the structure of thermal generation of the Russian Federation, the share of modern combined-cycle plants, characterized by low specific fuel consumption (CCGT), is only 16 % and is based on the use of Western-made gas turbines. To stimulate import substitution, as measures of state support, special prices for capacity produced by new generation are used, and tax incentives are provided to investor enterprises. The paper assesses the impact of existing state support measures on the commercial