A1 Journal article (refereed), original research

Ownership unbundling in electricity distribution: The Russian experience

Open Access publication

Publication Details
Authors: Summanen Tuomo, Arminen Heli
Publisher: Elsevier
Publication year: 2018
Language: English
Volume number: 161
Start page: 1199
End page: 1210
Number of pages: 12
ISSN: 0360-5442
JUFO-Level of this publication: 3
Open Access: Open Access publication
Location of the parallel saved publication: http://urn.fi/URN:NBN:fi-fe2018110947826


Russia is the first and thus far only country that has separated
ownership of electricity distribution and transmission and then, a few
years later, reunified these services under one company. We examine the
impact of these changes on the quality of service in electricity
networks and the operating costs of electricity distribution companies.
We find no evidence that ownership unbundling increased the service
quality in electricity networks. Furthermore, our results indicate that
ownership unbundling resulted in higher operating costs for electricity
distribution companies. This study thus contributes to discussion on the
importance of the balance of structural remedies and transparent
independent regulation in the development of competitive energy markets
in emerging market economies.

Last updated on 2019-13-03 at 12:00