Electricity Consumption In World Regions And Countries Under Macroeconomic Instability


At the present humanity faces many global problems connected with economic development. One of the most acute is the problem of electricity production and consumption. The article summarizes the approaches to the study of factors affecting electricity consumption, and also reveals the interdependencies in the production and consumption of energy. The regression analysis methods were used to make models and conclusions about electricity consumption in industrial regions. The authors studied the statistical data of 83 Russian regions. An econometric model showing the dependence between electricity consumption and various factors has been developed, the following factors were considered as significant: Gross regional product, industrial output, volume of construction, volume of mineral production. The research carried out in the field of electric power industry remains relevant, significant and promising. Research and development in fundamentally new energy supply technologies is caused by current crises, the increase in industrial output, the evolution of the digital society, and the growth of energy consumption. Such technologies should accelerate the transition to resource-innovative sustainable development.

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