Abstract

In 2023 the Federal Law “On electric power industry” turns 20 years old. The adoption of the law launched a new structural reform of the industry: the main principles of the formation of wholesale and retail markets were defined, competitive and naturally monopolistic activities were identified, tariff regulation and antimonopoly control in the relevant markets were separately outlined. One of the most important transformations provided for by the law was the creation of a new trading platform for transactions on the circulation of electric energy and power, the organizer of which was the administrator of the trading system — a non-profit organization with broad powers to approve regulations for trading electric energy and power. It is interesting that the control of this administrator was provided both through representatives of the state (its coordinating council) and directly by the antimonopoly authority. For 20 years the Law “On electric power industry” has been changed many times, both significant and extensive regulatory changes and technical edits have been made. Despite the fact that the Law has undergone a large number of adjustments (important from the point of view of jurisprudence), the general «skeleton» of the document and its principles have been preserved. This article presents an analysis of the transformations and changes that have occurred since the adoption of the original version of the Law in terms of antimonopoly control.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.