Comparison of electric power prices for industrial consumers in Russia and other countries

In this article author makes comparison of prices on electric power between middle industrial enterprises and popularity in Russia and EU countries and USA. Comparison is made in euro at the exchange rate of the Central Bank considering purchasing power parity of average currency of EU and USA in accordance with economic science. The author also compares ruble prices for EU countries and USA. The article indicates comparable energy prices for Russian thermal power stations is significantly lower than for European stations. In this way gas price for Russian consumers is lower by 60 % and price on energy coal is 10% lower. And at the same time electricity price for industrial enterprises in Russia is by 33% higher than in EU countries and in 2,5 higher than in USA (excluding VAT and other special taxes on electricity for the end consumers).

Keywords: electricity price, purchasing power parity, investment distribution optimization