Restructuring Russia's Electricity Sector: Towards Effective Competition or Faux Liberalisation?
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....
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2004
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| Schriftenreihe: | OECD Economics Department Working Papers
no.403 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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 ... |
| Beschreibung: | 1 Online-Ressource (34 p.) 21 x 29.7cm. |
| DOI: | 10.1787/271755770050 |
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| spelling | Tompson, William VerfasserIn aut Restructuring Russia's Electricity Sector Towards Effective Competition or Faux Liberalisation? William, Tompson = La restructuration du secteur de l'électricité : Vers une véritable concurrence ou une fausse libéralisation? / William, Tompson La restructuration du secteur de l'électricité Paris OECD Publishing 2004 1 Online-Ressource (34 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.403 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 ... Economics Russian Federation FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/271755770050 Volltext |
| spellingShingle | Tompson, William Restructuring Russia's Electricity Sector Towards Effective Competition or Faux Liberalisation? Economics Russian Federation |
| title | Restructuring Russia's Electricity Sector Towards Effective Competition or Faux Liberalisation? |
| title_alt | La restructuration du secteur de l'électricité |
| title_auth | Restructuring Russia's Electricity Sector Towards Effective Competition or Faux Liberalisation? |
| title_exact_search | Restructuring Russia's Electricity Sector Towards Effective Competition or Faux Liberalisation? |
| title_full | Restructuring Russia's Electricity Sector Towards Effective Competition or Faux Liberalisation? William, Tompson = La restructuration du secteur de l'électricité : Vers une véritable concurrence ou une fausse libéralisation? / William, Tompson |
| title_fullStr | Restructuring Russia's Electricity Sector Towards Effective Competition or Faux Liberalisation? William, Tompson = La restructuration du secteur de l'électricité : Vers une véritable concurrence ou une fausse libéralisation? / William, Tompson |
| title_full_unstemmed | Restructuring Russia's Electricity Sector Towards Effective Competition or Faux Liberalisation? William, Tompson = La restructuration du secteur de l'électricité : Vers une véritable concurrence ou une fausse libéralisation? / William, Tompson |
| title_short | Restructuring Russia's Electricity Sector |
| title_sort | restructuring russia s electricity sector towards effective competition or faux liberalisation |
| title_sub | Towards Effective Competition or Faux Liberalisation? |
| topic | Economics Russian Federation |
| topic_facet | Economics Russian Federation |
| url | https://doi.org/10.1787/271755770050 |
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