The Russian Electricity Supply Industry: from Reform to Reform?

Nadia Chernenko

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: 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.

Keywords: Russian Electricity Industry; RAO EES; reform 2003-11; restructuring; market liberalisation; capacity markets (search for similar items in EconPapers)
JEL-codes: L11 L22 L43 L52 L94 (search for similar items in EconPapers)
Date: 2013-11-27
New Economics Papers: this item is included in nep-cis, nep-com, nep-cwa, nep-ene and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:cam:camdae:1342

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