Moscow. 20 October 2004. At its regular meeting, the Council for Coordination of Work to Ensure Systemic Reliability of the Unified Energy System of Russia considered and approved the Concept for Ensuring Reliability in the Electric Power Industry presented by Vladimir Dorofeyev, Deputy Chairman of the Management Board of OAO "UES FGC".

This Concept is to become the basis for the development of legal, economic and standard technological regulations aimed at ensuring reliable power in the course of the reform of the electricity industry in Russia. The Concept takes into account the fundamental research in the area of reliability of the electricity industry, and the extensive experience in ensuring reliable operation of the UES of Russia.

According to the Concept, reliability depends on a combination of mandatory requirements (standards) and economic mechanisms. The key mechanisms are the reciprocal responsibility of electricity suppliers and consumers, as well as all participants of the electricity market, differentiation of electricity tariffs depending on the level of reliability, existence of a systemic services market, and insurance of losses caused by abnormal conditions. The Concept focuses on the need to ensure reliable electricity supply to meet the future demand. The regulatory framework for ensuring reliability in the electricity industry comprises the Civil Code of the Russian Federation and the Federal Law "On Electric Power Industry."

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