The Russian Electricity Supply Industry: from Reform to Reform?
The 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.
References listed on IDEAS
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- 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.
- 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.
- 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.
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