On the issue of effectiveness of investment policy of the electric grid company

The article examines some aspects of implementation of the electric grid companies investment policy, in particular, the types of investment policy are distinguished that are applied in the conditions of different methods of regulation of the tariffs for electric energy; their features are defined. Review of approaches to assessment efficiency of the main types of investment policy of the electric grid companies resulted in the list of indicators of investment policy efficiency that take into account features of the method of the regulatory asset base (RAB). This list includes such indicators as level of execution of investment program; level of reliability and quality of rendered services; level of operating expenses, etc. Additionally, one of the possible ways of reduction of the operating expenses level is defined, namely the use of economic mode of investment program fulfillment.

investment policy, methods of tariffs regulation, method «expenses plus», method of the long-term indexation, Regulatory Asset Base (RAB), investments, investment program, investment project, electric grid company, operating expenses, non-contracted (an economic) way, a contract way