The Russian Electricity Supply Industry: from Reform to Reform?
AbstractThe paper looks at the development of the industry in the post-Soviet Russia, starting from the early 1990s. The main focus is on the last reform 2003-11 and the relationship of cost, prices and investment. In particular, the author examines the new designs for the electricity and capacity markets and their impact on incentives for short-run production and long-term planning and construction. The author defends the pro-competitive approach to the electricity industry reform in Russia and traces the roots of its success and failures.
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Bibliographic InfoPaper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 1342.
Date of creation: 27 Nov 2013
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Web page: http://www.econ.cam.ac.uk/index.htm
Russian Electricity Industry; RAO EES; reform 2003-11; restructuring; market liberalisation; capacity markets;
Find related papers by JEL classification:
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
- L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-12-06 (All new papers)
- NEP-CIS-2013-12-06 (Confederation of Independent States)
- NEP-COM-2013-12-06 (Industrial Competition)
- NEP-CWA-2013-12-06 (Central & Western Asia)
- NEP-ENE-2013-12-06 (Energy Economics)
- NEP-TRA-2013-12-06 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Pollitt, Michael G., 2012.
"The role of policy in energy transitions: Lessons from the energy liberalisation era,"
Elsevier, vol. 50(C), pages 128-137.
- Pollitt, M. G., 2012. "The role of policy in energy transitions: lessons from the energy liberalisation era," Cambridge Working Papers in Economics 1216, Faculty of Economics, University of Cambridge.
- Gore, Olga & Viljainen, Satu & Makkonen, Mari & Kuleshov, Dmitry, 2012. "Russian electricity market reform: Deregulation or re-regulation?," Energy Policy, Elsevier, vol. 41(C), pages 676-685.
- Pollitt, M.G., 2009. "Electricity Liberalisation in the European Union: A Progress Report," Cambridge Working Papers in Economics 0953, Faculty of Economics, University of Cambridge.
- Opitz, Petra, 2000. "The (pseudo-) liberalisation of Russia's power sector: the hidden rationality of transformation," Energy Policy, Elsevier, vol. 28(3), pages 147-155, March.
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