Open AccessPeculiarities of the Electricity Market in the Generation Sector
Author(s) -
N. K. Efimov,
Р Р Ноговицын
Publication year - 2020
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/459/6/062057
Subject(s) - monopoly , electricity , competition (biology) , industrial organization , electricity market , electric power industry , electricity generation , energy sector , market economy , perfect competition , business , natural monopoly , electricity retailing , economics , power (physics) , microeconomics , environmental economics , engineering , electrical engineering , ecology , physics , quantum mechanics , biology
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.