Abstract
The article discusses selected issues of the development of the power industry in Russia. The relevance of the development is related to the development of the electric power industry, meets the Federal Law of the Russian Federation No. 399 “On Amendments to the Federal Law “On Energy Saving and Improving Energy Efficiency...” dated 12/28/2013. The article used statistical methods, the method of averages, the index method ; analyzed trends in the production and consumption of electricity in the Russian Federation; Cause-and-effect relationships between production, consumption, and rising electricity prices have been identified; developed criteria for evaluating the effectiveness of measures to implement the program for the development of the power industry proposed the author’s approach to calculating the degree of effectiveness of the measures taken to ensure the implementation of the program; justified the conclusion about the need to create an institutional system as a mechanism for the innovative development of the electric power industry.