In the deformable solid mechanics, there are concepts associated with continuum points (displacements, relative elongations, shifts) and a set of continuum points – an elementary volume (mass, energy, stresses). The role of such volume in the mechanics of composite materials is played by the representative volume element (RVE).This concept was first introduced by R. Hill (1963). Modern authors use the W.J. Drugan, J.R. Willis (1996) formulation. Based on the analysis of the RVE concept, we formulated its essential features: RVE is the minimum possible sample for numerical tests to determine the effective material parameters of the composite; under any RVE loading, its macroscopic stress-strain state is uniform. Its significance for the mechanics of composite materials is revealed: the existence of RVE for a composite is a criterion for applying the effective modulus theory to the analysis of its stress-strain state; the dehomogenization of a stressed-state composite material at a point is a solution to the micromechanics problem of the RVE stress-strain state determination; the characteristic size of RVE limits the size of the sampling grid in the numerical study. An iterative algorithm for constructing a representative volume of a periodic structure composite and its effective material thermoelastic characteristics is proposed. It is shown that the geometric shape of such a composition is a rectangular parallelepiped. The RVE construction algorithm for periodic compositions is extended to the composites statistically uniformly reinforced with continuous fibers. A method for modeling such materials with a following regular structure is suggested described: in the section perpendicular to the fibers, fiber centers should be located at the vertices of regular triangles. Examples of constructing RVE and thermoelastic material characteristics of specific compositions are given. The calculation results are compared with the data obtained using certified software products.