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Russian electricity sector reform: Challenges to retail competition

Dmitry Kuleshov, Satu Viljainen, Salla Annala and Olga Gore

Utilities Policy, 2012, vol. 23, issue C, 40-49

Abstract: The Russian power sector reform initiated in 2001 endeavored to introduce competition into major segments of the Russian electricity market. This paper examines how far the reforms have advanced in the retail electricity market and discusses social, political and technological barriers to market liberalization. Market shares of retailers are used as the main indicator to assess competition. The results indicate that the retail market is currently divided into inactive and sub-active markets. Future development of retail competition in the Russian electricity market needs to take into account the reasons for this market asymmetry.

Keywords: Retail electricity market; Supplier of last resort; Competition; Power sector reform (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1016/j.jup.2012.05.001

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