Institutional structure of the energy industry in the Baikal region

Abstract

The paper considers the conditions for solving the energy sector of the Baikal region problems related to the development of small-scale distributed energy generation and decentralization of energy supply within the expected energy transition. The institutional structure of energy production and transmission enterprises is analyzed, a group of companies and organizations associated with the local community is identified. A high degree of centralization and the prevalence of vertical ties in the industry management is highlighted, as well as dependency on structures external to the regions. Among the independent enterprises, organizations founded by the individuals prevail. Most of these companies have reduced their economic efficiency over the past five years. Difficulties are expected in the transition to a distributed architecture and horizontal principles of industry management due to the weakness of the sector that is not associated with vertically integrated companies, as well as the preservation of the industrial structure in the region, laid down in previous decades.