Abstract

The article deals with legal issues of pricing on the wholesale electricity and capacity market (hereinafter referred to as the WECM). The author reviews doctrinal approaches to price and tariff setting for generating companies, regulatory control, and judicial practice. The problem of determining the price for electricity and capacity transmission services rendered to generating companies is noted. Special attention is paid to the issue of defining the criteria of economic reasonableness of price bids submitted to the WECM. Proposals on the content of the methodology for determining the compliance of price bids with the economic reasonableness requirements are formulated. The research was conducted with the financial support of the Russian Foundation for Basic Research as part of scientific project No. 20-311-90034.

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