Diagnostic Analysis of Factors for the Financial Stability of a Power Supply Company
DOI:
https://doi.org/10.5377/reice.v8i16.10712Keywords:
economy, energy, electricity, power supply company, single purchaserAbstract
The paper discloses the approach and results of the study of the electric power market (electricity market) related to the II non-price zone on the basis of the formulation of indicators that make it possible to highlight its specificity. The results of a study devoted to the solvency of electricity consumers - individuals are revealed by comparing the level of average income in the regions of the Russian Federation and the conditional maximum amount of electricity that can be paid for from these incomes. It has been established that despite the opportunities for timely payment, there remains a low payment discipline for a number of consumers, which is reflected in the growth of receivables and, as a result, leads to cash gaps. During the review of the dynamics of debt, the scope of cash gaps was determined, which in 2018 amounted to more than 169 billion rubles. Power supply companies attract loans for timely settlements, what entails additional costs and worsens financial results. The impact of the identified factors on the main indicators of power supply companies being last resort providers of electricity in Russia, including the power supply company under study, was assessed. The results obtained will be further used to develop methods for the diagnostic analysis of critical risk zones, which determine the financial stability of the power supply company being a single purchaser and last resort provider of the 2nd non-price zone.
Downloads
417
References
Dronova, Yu.V., & Krasnova, A.O. (2017). Analysis of the consequences for the regional economy of the introduction of a new energy market model. Business. Education. Law. 3(40), 37-40.
Dzyuba, A.P., & Soloviev, I.A. (2016). Study of tools for managing demand for electricity within the framework of the wholesale and retail electricity markets of Russia. Economics, entrepreneurship and law, 6(2), 147–162.
Kozlova, O.A., Terentyeva, T.V., Makarova, M.N., & Lan, D.H. (2016) Territorial factors of strategic development of the Far East regions. Economy of Region, 3, 765-775 (doi: 10.17059/2016-3-13).
Levkina, E.V., & Titova, N.Y. (2019). The analysis of the financial condition of small business and the ways of its development in the Primorsky Territory. IOP Conference Series: Earth and Environmental Science, 032185.
Maslova, P.A., & Daneev, O.V. (2019) An econometric study of the electricity market in Russia. Chronoeconomics, 3(16), 108-112.
Myznikova, M.A. (2015). The functioning of the electricity (power) market model: the development of market infrastructure, regulation of the market mechanism, and pricing problems. Kazan Economic Bulletin, 2(16), 46-51.
Petyukov, S.E. (2019). Electric power generation in the Russian Federation: analysis of financial and economic indicators. Social policy and sociology, 1(4), 74-86.
Rodin, E. (2015). Prevention of payment discipline in the retail electricity markets: a complete limitation of energy supply. Energy and law, 1, 19-24.
Salov, A.N., & Maslov, V.G. (2014). Re-engineering business process of managing debt liabilities of resource-supplying companies. International Journal of Experimental Education, 9, 25-27.
Smagina, M.N., & Nestupaeva, D.R. (2015) Study of the Russian electricity market. Bulletin of Economics, Law and Sociology, 3, 94-96.
The official website of the Ministry of Energy of the Russian Federation. URL: https://minenergo.gov.ru/activity/statistic
The official website of the Ministry of Energy of the Russian Federation. URL: https://minenergo.gov.ru/node/532
Vasilenko, M., & Titova, N. (2019). Accounting policy the system of enterprise economic security. Amazonia Investiga, 8(22), 254-260.
Vasin, A.A., & Gusev, A.G. (2012). Game theory models of power and electricity market management. Proceedings of the Russian Academy of Sciences. Theory and control systems, 6, 52-62.
Emam, S. S., & Shajari, H. (2013). RECOGNITION AND ANALYSIS OF EFFECTIVE FACTORS ON INVESTORS'DECISION MAKING IN STOCK EXCHANGE OF TEHRAN, UCT Journal of Management and Accounting Studies, 1(1): 14-21.
Lobão, J., & Pereira, C. (2016). Looking for Psychological Barriers in nine European Stock Market Indices. Dutch Journal of Finance and Management, 1(1), 39.
Jaramillo, L. E. S. (2018). Malware Detection and Mitigation Techniques: Lessons Learned from Mirai DDOS Attack. Journal of Information Systems Engineering & Management, 3(3), 19.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) Revista Electronica de Investigacion en Ciencias Economicas
The rights to the articles published in REICE are from the journal, in order to be able to manage their best dissemination. However, since the purpose of the same is the dissemination of knowledge, this journal provides immediate free access to its content, under the principle that making research available to the public free of charge, which fosters a greater exchange of global knowledge.
The opinions expressed by the authors do not necessarily reflect the position of the publisher of the publication or of the UNAN-Managua. Its reproduction and distribution is authorized (in any type of support) provided that the following indications are fulfilled:
- The authorship of the work
- Indicate its origin (REICE magazine, volume, number and electronic address of the document)