The Liberalization of Russia’s Electricity Market
Albrecht Rothacher (albrechtrothacher@gmail.com)
Chapter Chapter 6 in Putinomics, 2021, pp 205-212 from Springer
Abstract:
Abstract Famously Lenin decreed “Communism equals Soviet power plus electrification”. Hence the privatization of electricity generation serves as an interesting case of the transformation and current functioning of a strategic sector. Partly we witness a re-centralization and re-assertion of national control over nominally privatized regional electricity companies. As prices continue to be tightly regulated, investments for modernization remain low. As an alternative, Russian operators tend to purchase less-regulated electricity companies in neighbouring former Soviet republics, which is shown in this study.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-74077-1_6
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DOI: 10.1007/978-3-030-74077-1_6
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