Market liberalization and decarbonization of the Russian electricity industry

Two decades from the start of the Russian electricity sector’s reform, outcomes are disappointing for those who favour liberalization and decarbonization. On the one hand, the swing towards a liberalized market from the former centrally planned state owned monopoly has been reversed; large state-controlled corporations now dominate the industry landscape. On the other hand, the penetration of wind, solar and small hydro has been insignificant by international standards; and yet the established industry stakeholders complain that support for renewables imposes an unfair burden. In short, neither market liberalisation nor decarbonisation of the Russian electricity industry appear currently to be priorities for the country.

By: Alexey Khokhlov , Yury Melnikov

Latest Tweets from @OxfordEnergy

  • Jonathan Stern quoted in New York Times on E.U. Settlement with Russia’s Gazprom Over Antitrust Charges: If the com… https://t.co/CgM6XYsvkw

    May 25th

  • OIES’s @thierry_bros quoted on EU Gazprom antitrust settlement in https://t.co/6urUydHjd3 – with some companies ha… https://t.co/Jln2ExsonP

    May 25th

  • A new OIES paper on decarbonisation of heat in Europe: Heating and cooling sector moving towards low carbon energy… https://t.co/ZN70d6WTZj

    May 25th

Sign up for our Newsletter

Register your email address here and we will send you notification of new publications, comment, articles etc. automatically.