The role of strategic planning in the global electric power industry's development and its effects on the world economy

Subject. This article discusses the issues of regulatory and legal support for the development of the global electric power industry. Objectives. The article aims to analyze strategic documents adopted to ensure sustainable development of the energy sector in different regions of the world. Methods. For the study, we used the general scientific research methods. Results. The article finds that national and international agreements, plans and strategies that determine the development of the electric power industry mainly provide for improving energy efficiency, increasing the percentage of renewable energy sources in the global energy balance, improving the investment attractiveness of the industry, and improving the electric power infrastructure. Conclusions. The provisions of the energy development strategies adopted in Russia in different years do not contradict the provisions of international documents. Strategic planning in the electric power industry is the most important aspect of the balanced and effective development of the industry.