Plushenko, 31, a seven-time European champion, Olympic gold medal winner in 2006 and silver medal winner in 2010, has been struggling with back injuries in the past two seasons.
"Plushenko is a legend of the sport. That he can skate like that, at his age, is already a huge plus," coach Irina Zhuk told R-Sport, the Russian sports news agency."
He will be Russia's sole competitor in the event, the Russian Figure Skating Federation said in a statement.
His nomination must still be approved by the Sports Ministry and the Russian Olympic Committee although that step appears to be a formality, R-Sport said.