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

  • OIES study quoted on how Convention on Caspian Sea may boost regional energy cooperation: Several issues remain inc… https://t.co/5Cm4Ql285S

    August 13th

  • OIES Study quoted on Saudi Arabia changing its crude pricing formula for Asian buyers: We could see development of… https://t.co/1KXnJ1LlJN

    August 13th

  • OIES study quoted in a Bloomberg article on the Caspian Sea Breakthrough Treaty: It will remove a legal barrier to… https://t.co/sstPqsKNJN

    August 12th

Sign up for our Newsletter

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