Peculiarities of the Electricity Market in the Generation Sector

Abstract

The reform of the power industry in Russia is not yet complete, but there are clear features for adjusting plans and directing efforts to create competitive markets. This article discusses the sector of generation of electric energy, where healthy competition should develop according to all the rules of economics, but the existing technological features in the generation sector create conditions for the emergence of elements of monopoly and monopoly rent in the electricity market.