Publications → Use of Resources → Power industry

Liberalisation of the Russian power sector

The paper discusses the Russian power sector reform plan, approved by the government in July 2001, which outlines the framework for competition and changes in ownership structure. The paper focuses on the following issues related to the plan: restructuring of regional energos and large generating companies; restructuring of transmission and system operation; the mechanism for introducing competition; competition for residential consumers; and reform sequencing. A key message of the paper is that the restructuring of energos should not create companies with market power.