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Yakutia is heading for improving the efficiency of local energy - EastRussia | Far East

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Yakutia takes a course to increase the efficiency of local energy

Russian President Vladimir Putin signed a list of instructions aimed at reducing the cost of electricity in isolated energy areas of the Republic of Sakha (Yakutia)

Yakutia takes a course to increase the efficiency of local energy
The Federal Anti-Monopoly Service of the Russian Federation together with the Ministry of Eastern Development and the Ministry of Energy of Russia and the Government of Yakutia should determine the amount of financing to eliminate cross-subsidization of electricity prices in the republic until March 1 of next year. By the end of March, according to the instructions of the head of state, the Ministry of Finance of Russia, together with the Ministry of Eastern Development and the Government of the Republic of Sakha (Yakutia), is tasked with working out proposals aimed at gradually reducing to zero funds from the budget for eliminating cross-subsidies.

It is up to the Government of the Russian Federation to approve the procedure and envisage the financing of measures to eliminate cross-subsidization of local energy in the Republic of Sakha (Yakutia), the press service of the Ministry of Development informs.

At the same time, the Government of the Republic of Sakha (Yakutia), in coordination with the Ministry of Energy of Russia and the Federal Antimonopoly Service of Russia before 29 April 2016, was tasked to develop and approve a long-term program for optimizing local energy, providing for the replacement of existing diesel generation with cost-effective modern energy facilities. To do this, it is necessary to determine specific target quantitative indicators characterizing the achieved level of substitution, economic efficiency and tariff consequences of the measures taken.