Institutional foundations of interaction between domestic and foreign nuclear energy markets of the Russian Federation

Nuclear energy occupies a special place in the energy balance of Russia, being not only a key element of ensuring internal energy security, but also an essential tool for implementing the country’s foreign economic and geopolitical strategy. In the context of global competition in the global market of nuclear technologies and services, Russia retains a leading position, combining the development of domestic infrastructure with large-scale projects for the export of reactor installations, technologies and services. However, the successful development of the industry requires effective institutional interaction between internal and external market segments. The harmonization of these areas is possible only if there is a developed institutional environment, including government agencies, corporations, international agreements and legal mechanisms. In the modern context, the tasks of forming a comprehensive institutional policy capable of ensuring synergy between the domestic and foreign nuclear energy markets come to the fore. The purpose of the study was to analyse the institutional mechanisms governing the interaction of the domestic and foreign nuclear energy markets in Russia, as well as to identify ways to optimize them to ensure the sustainable development of the industry. International sanctions and geopolitical instability raise issues of adaptation and stimulate the development of alternative forms of cooperation, such as energy diplomacy. In this regard, the study pays special attention to institutional reforms aimed at sustainable development and greening of energy. The most important role in shaping the rules of the game is played by international organizations (OPEC, EAEU, IEA) that influence the regulatory architecture. Accordingly, the study of the institutional foundations of interaction between Russia’s domestic and foreign nuclear energy markets is relevant both scientifically and practically, as it allows us to identify mechanisms for optimizing the development of the industry, identify institutional barriers and suggest ways to overcome them in the context of the global transformation of the energy sector.

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