Economics at your fingertips  

Ownership unbundling in electricity distribution: The Russian experience

Tuomo Summanen and Heli Arminen

Energy, 2018, vol. 161, issue C, 1199-1210

Abstract: Russia is the first and thus far only country that has separated ownership of electricity distribution and transmission and then, a few years later, reunified these services under one company. We examine the impact of these changes on the quality of service in electricity networks and the operating costs of electricity distribution companies. We find no evidence that ownership unbundling increased the service quality in electricity networks. Furthermore, our results indicate that ownership unbundling resulted in higher operating costs for electricity distribution companies. This study thus contributes to discussion on the importance of the balance of structural remedies and transparent independent regulation in the development of competitive energy markets in emerging market economies.

Keywords: Electricity distribution; Ownership unbundling; Russia; Vertical disintegration; Cost efficiency (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2018-12-08
Handle: RePEc:eee:energy:v:161:y:2018:i:c:p:1199-1210