Mustafinov R.K.Published in:
Russian Journal of Entrepreneurship
– Volume 19, Number 2 (February 2018)

JEL classification: D40, D42, D47, L94, N72, N74

Keywords: decentralization, deregulation policy, electricity markets, risks


Share:

Abstract:

The article analyzes current practices of transition to decentralized electricity market. The UK electricity market in England and Wales, as well as the market of California State are the main subject of the study. Along with deregulatory aspects, in the study we take into account the associated risks; we also conduct a detailed analysis of theoretical basis for the functioning of electricity markets with different managerial structures under the conditions of imperfect competition.

---

References:
Eurostat database. Retrieved from http://ec.europa.eu/eurostat/web/energy/data/database
Flores-Espino F., Tian T., Chernyakhovskiy I., Mercer M. Competitive Electricity Market Regulation in the United States: A PrimerNrel.gov. Retrieved from https://www.nrel.gov/docs/fy17osti/67106.pdf
Guliev I.A., Litvinyuk I.I. (2017). Issues for long-range projection of international energy markets through the prism of sustainable development International Journal of Energy Economics and Policy. 7 (2). 296-303.
Guliev I.A., Mekhdiev E.T., Litvinyuk I.I. (2016). Cotrudnichestvo stran tamozhennogo soyuza i edinogo energeticheskogo prostranstva v energeticheskoy sfere [Cooperation between the countries of the customs union and the common energy space in the energy sector]. Juvenis scientia. (4). 41-44. (in Russian).
Khubaveva A.O. (2015). Sotsialno-ekonomicheskie aspekty ustoychivogo razvitiya Arktiki [Socio-economic aspects of sustainable development of the Arctic]. Economic and Human Sciences. (10(285)). 23-30. (in Russian).
Newbery D., Strbach G., Viehoff I. (2016). The benefits of integrating European electricity markets Energy Policy. (94). 253-263.
Salygin V.I., Guliev I.A., Mustafinov R.K. (2016). Energeticheskaya politika Evropeyskogo Soyuza v sferakh innovatsiy i snizheniya energozavisimosti [Energy policy of the European Union in innovation and energy dependence reduction areas]. The Energy Policy. (6). 37-43. (in Russian).
Shvets N.N. (2013). Sovremennye problemy obespecheniya energeticheskoy bezopasnosti Rossii v sfere elektroenergetiki i puti ikh resheniya [Modern issues of ensuring Russia's energy security in electric power industry and ways to solve them]. National interests: priorities and security. (31). 9-16. (in Russian).
Tukenov A.A. (2005). Rynok elektroenergii ot monopolii k konkurentsii [The electricity market from monopoly to competition] M.: Energoatomizdat. (in Russian).
Tukenov A.A. (2013). Integratsiya rynkov elektroenergii Evropy. Etapy, mekhanizmy, dostignutyy progress [Integration of European Electricity Markets. Stages, mechanisms, progress achieved] M.: Ikar. (in Russian).
Vinokurov E.Yu. (2008). Obschiy elektroenergeticheskiy rynok SNG kak instrument ekonomicheskogo razvitiya i regionalnoy integratsii [The CIS Common Electric Power Market as tool for economic development and regional integration]. Eurasian Economic Integration. (1). 54-74. (in Russian).
База данных Министерства Энергетики Российской Федерации. (in Russian). Retrieved 11, , from https://minenergo.gov.ru/node/1161