IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Restructuring Russia's Electricity Sector: Towards Effective Competition or Faux Liberalisation?

Listed author(s):
  • William Tompson

Russia in 2003 embarked on the restructuring of its electricity sector. The reform is intended to introduce competition into electricity production and supply, leaving dispatch, transmission and distribution as regulated natural monopolies with non-discriminatory third-party access to the networks. The ultimate aim of the reform is to create conditions that will encourage both investment in new capacity and greater efficiency of both production and consumption. The overall approach embodied in the reform is promising. However, there remains a serious risk that its aims could be subverted by special-interest lobbying during the lengthy implementation phase. If the reform is to succeed, the marketised segments of the sector must be characterised by real competition based on economically meaningful prices. There are two dangers here. The first is that private-sector interests will secure strategic holdings that allow them to exercise market power or even local monopoly power. The ... La restructuration du secteur de l'électricité : Vers une véritable concurrence ou une fausse libéralisation? En 2003, la Russie a entrepris de restructurer le secteur de l’électricité. L’objectif de ces réformes est d’instaurer la concurrence aux stades de la production et de la fourniture, en laissant le dispatching, le transport et la distribution sous le régime de monopoles naturels réglementés assortis d’un accès non discriminatoire des tiers aux réseaux. Le but ultime de la réforme est de créer les conditions pour encourager l’investissement dans de nouvelles capacités de production aussi bien que l’augmentation de l’efficacité de la production et de la consommation. La stratégie générale de réforme est prometteuse. On ne peut cependant négliger le risque que les objectifs fondamentaux de la réforme soient relégués au second rang par les pressions exercées par des groupes d’intérêt spéciaux pendant tout le temps qui sera nécessaire à sa mise en œuvre. Pour que la réforme puisse réussir, la concurrence doit pouvoir véritablement jouer dans les segments du secteur ouverts aux forces du ...

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 403.

in new window

Date of creation: 30 Sep 2004
Handle: RePEc:oec:ecoaaa:403-en
Contact details of provider: Postal:
2 rue Andre Pascal, 75775 Paris Cedex 16

Phone: 33-(0)-1-45 24 82 00
Fax: 33-(0)-1-45 24 85 00
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:403-en. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.