Recently, the traditional energy system cannot satisfy the needs of a large number of users, therefore, to ensure efficient use of energy, it is necessary to apply new structures and technologies. Today, the key problem of the Russian energy community is low energy efficiency, which, in turn, has a negative impact on the country's economy. Innovative transformations can play a major role in improving energy efficiency. The introduction of methods and technologies of predictive analytics allows for the most efficient reengineering of production processes and the highest quality prioritization in the development and implementation of innovative products. The integration of intelligent network technologies, sustainable energy resources is an important path to sustainable development. To increase the share of import substitution, and in the long term to start exporting the developed technologies and ready-made technical solutions, support and development of the innovation environment and existing promising projects both from the state and infrastructure organizations, as well as from market participants are necessary. A number of areas of innovative transformations in the electric power industry have been identified, which in the near future will determine promising technological and market trends. When creating effective innovative projects, it is important to choose the right approach used in innovative design. In addition, in the current market conditions, the efficiency of the energy industry directly reflects the effectiveness of the adopted and implemented innovative solutions. Being one of the most important factors in the socio-economic development of any state, the state of the energy complex and its relationship with other sectors of the national economy determines its significant impact on the sustainable innovative development of Russia.