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Regional Economics: Theory and Practice
 

The competition development results in the electric energy retail market of the Sverdlovsk region

Vol. 13, Iss. 25, JULY 2015

PDF  Article PDF Version

Received: 17 October 2014

Accepted: 7 November 2014

Available online: 19 July 2015

Subject Heading: LOCAL MARKETS

JEL Classification: 

Pages: 38-48

Anisimov A.V. Institute of Economics, Ural Branch of RAS, Yekaterinburg, Russian Federation
antony78@yandex.ru

Importance The article considers the results of the reform of the regional sales sector in the electric power industry.
     Objectives The paper aims to define the characteristics of a model of a competitive retail market for electric power in the Sverdlovsk region.
     Methods For the study, I used the provisions and conclusions of the theory of competitive advantage, as well as the methods of system, logical and structural analysis.
     Results I have identified factors that influence the level of competition at the regional electricity retail market and the tendencies of its formation on the stages of development of this market. I disclose the insufficiency of the mechanisms of State regulation of the retail electricity market and analyze the dynamics of the regional structure. I show the motivation of major business groups to enter the electric energy sales market, the competitive advantages and disadvantages of groups of market players. I provide my own views for the future development of this market.
     Conclusions and Relevance I make certain conclusions on the reform plans and operational improvement of the rules of functioning of the electric power retail market, as well as the system of State regulation and the building of a competitive market in the distribution chain of the electric power industry. The results of the research can be used by competition authorities to monitor the compliance with the requirements of the legislation, as well as to formulate regional programs for the development of competition in certain sectors of the economy.

Keywords: Keywords: electricity, competition, electricity, energy, market

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