Value Chains Formation of the Russian Fuel and Power Sector

Abstract

This article analyzes the value chains of the Russian fuel and power sector. It is to form schemes of the value chains for the sector. The analysis reveals the structure of the different participants, their shares in the value-added distribution and controlling units in the chains. The aspects of the balancing between efficiency and productivity of the business activities, as well as innovative activities of the fuel and power sector have also been examined.

Keywords:

• Value chain
• Russian fuel and power sector
• value-added
• JSC Gazprom

Additional information

Notes on contributors

Alexey Nikolayevich Vdovin

Alexey Nikolayevich Vdovin, was born in 1977 in Kazakhstan, then a previous part of the Soviet Union. Vdovin studied in a Grammar School in the town called Aktobe, Kazakhstan, from the period of 1984 and 1992. After getting O-level, he was enrolled to the Aktobe Railway College, where he studied for three years Economics and Accounting. Having done that, in 1995 Vdovin entered the Kazakh State Academy of Management Department of Management and Marketing in Almaty, where he studied till 1999 and received a Degree of Bachelor of Sciences in Economics. After that he decided to improve his skills in management, marketing, organizational behavior and other management science disciplines by applying to the UK universities for an MBA course. He was accepted in the University of Southampton, where he studied from 2000 to 2002. Upon completion of work on dissertation, the group of examiners awarded him with a degree of Master of Business Administration. He started work in 2002 in Aktobe, Kazakhstan in the company called Petroleum Integration Ltd. as Sales Department Manager. Vdovin has always been involved in the field of fuel and power sector in Kazakhstan and Russia. Currently he works for the company called JSC Energoproekt in Moscow, which is engaged in the field of construction of power plants on a “turn-key” basis as an EPC contractor (thermal power plants, power lines, substations), his position is Principal Officer of Business Development and Marketing Department. He is in charge of strategy and development of the company. Also he entered the Russian Presidential Academy of National Economy and Public Service in 2009, where in the Chair of the Economics and Finance of the Public Sector he is studying as a part-time postgraduate student for a Ph.D. degree in Economics.