Standardising is a head for all

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Standardizing: A Unified Approach for All


Summary

Larissa Shiryaev, head of the TSUR Market Department for Russia's "United Power Systems," explained to "Energy of Russia" the importance of contracts that connect generation facilities to power grids. These contracts are crucial in the system devised by "United Power Systems," which standardizes the conversion of currency into megawatts. What are the key principles of this framework?

Keywords

Standardizing, business, finance, energy, industry

Article Body

The system we're discussing serves as the legal foundation supporting the investment programs aimed at advancing the electric power industry. Each participant in this unified system for integrating new generation plants into the network is encouraged to maintain transparency and clarity by adhering to universal principles for all market actors. The key principle embedded in these contracts is the standardization of the process, which spans the implementation phases of technological integration and the associated fees. This standardization helps generation companies comprehend the procedures involved even before launching their investment projects, allowing them to forecast future expenses more accurately.

Current Decisions and Next Steps

It's essential to distinguish between decisions regarding technological integration made at the national level and the internal corporate documents that address this issue. Recent amendments to the "About Electric Power Industry" law, signed by the President of Russia on November 5th, play a pivotal role by making the process more public, transparent, and regulated. These changes classify technological integration as a distinct "class" or "type" of association, with specific requirements including timelines and costs for rationing petroleum products.

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