In the aftermath of the Russian electricity law: establishing the new regulatory and contractual framework for competitive power markets
Article from: OGEL 3 (2003), in Electricity Law and Regulation
In the article, the author discusses the newly adopted Russian law 'On the Electricity Industry' and the key steps that need to be taken in its aftermath to ensure that the competitive wholesale and retail electricity markets envisioned in the law can be established. The adopted industry reform legislation provides that full liberalisation will not take place until 1 July 2005, but a limited competitive electricity market may be established during the transition period and, potentially, as early as this year. While the law establishes certain general principles for the ...