Construction of Power Facilities: Legal Regulation Issues

Abstract

Development of energy industry testifies that the key tasks of energetics involve the construction and modernization of its basic production assets. Working on this task is a necessary condition for achieving strategic goals of energetics development. The present work investigates the problem of a possibility to adopt international agreement that would designate the common conceptual framework and requirements for technical regulation and standardization in the field of construction and modernization of power facilities. The paper takes into account the technological purpose of power facilities as well as the fact that ensuring energy security cannot be of just local, regional, or industry-specific interest. Specifics of works aimed at modernization and their performance on hazardous industrial facilities dictate the need to examine if it is advisable to extend requirements of the existing legislation in construction of hazardous industrial facilities to activities aimed at modernization of power facilities. The study reveals the absence of complex legal research on problems of construction and modernization of power facilities, which should consider specifics of legal regulation of business activities in this field, cover the problems that arise in agreement-based regulation, address modern trends of state regulation and specifics of self-regulation in this area of entrepreneurship.