Principles and methods of state regulation and control in the electric power industry

The article investigated the principles and methods of state regulation and control in the sphere of electric power industry. The great attention has been paid to studying the foreign experience in this matter. The main results of this paper are related to the prospects of using such approaches as: deregulation, Smart Grid Technologies, GRIPs, RAB, Feed-in tariff, etc. Choosing the methods and principles of state regulation and control in the electric power industry should be made taking into account all factors shaping the state tariff policy. The data from different countries of the world point out the significance of the energy supplier stimulation in order to reduce costs and increase resource efficiency. Moreover, it is important to take into account the interests of energy suppliers, consumers, producers, energy companies, society and ecosystem. The Quintuple Helix model takes into account all these components. Therefore, the main challenge for the further research has been confirmed. The importance of further studying the foreign practice in the terms of The Quintuple Helix model implementation has been justified.