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Doing Business with Russia's Electric Energy Sector »

Book cover image of Doing Business with Russia's Electric Energy Sector by Marat Terterov

Authors: Marat Terterov
ISBN-13: 9780749442026, ISBN-10: 0749442026
Format: Paperback
Publisher: GMB Publishing Limited
Date Published: June 2004
Edition: (Non-applicable)

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Author Biography: Marat Terterov

Dr. Marat Terterov holds a Ph.D. from St.Antony's College, Oxford. He is author of over a dozen books addressing the business environment in the former Soviet Union and the Middle East. He recently co-authored a major USAID study evaluating privatization in Egypt and, as a consultant to the UK government, has advised British companies on Uzbekistan, Kazakhstan and other countries. He speaks frequently at the Centre for International Briefing and is author of academic articles on the Middle East and the former Soviet Union. He also holds a Chevening Scholarship. He has edited over a dozen books for Global Market Briefings on foreign investment in countries of the former Soviet Union, the Balkans and the Middle East, including Russia, Ukraine, Georgia, Kazakhstan, Serbia, Croatia, Bahrain, Egypt and Libya.

Book Synopsis

Doing Business with Russia's Electrical Energy Sector examines the vast Russian energy system as it is being updated and restructured to become an integral part of the global energy system. This guide highlights commercial opportunities and explains business practice in the sector, including the investment climate, legislation, plans for restructuring, regional system development, international cooperation, and other relevant topics. Major investment projects from the Russian electricity industry and some of the major regional electricity companies are also discussed.

Table of Contents

Foreword
Foreword
1.1The electrical energy sector in Russia : on the threshold of major changes3
1.2The Russian investment climate6
1.3The contextual background to current reform of the Russian power sector21
2.1An introduction to RAO UES31
2.2Mosenergo38
2.3Irkutskenergo46
2.4An overview of Russia's major regional utilities55
3.1Restructuring RAO UES : the objectives of reforms and an overview of current trends67
3.2Reforming the Russian electricity sector : the view of RAO UES71
3.3The normative and legal basis for the restructuring of RAO UES75
3.4Practical and institutional barriers to reform implementation84
3.5Power-sector reform : does liberalization equate to higher electricity prices?93
3.6A comparative perspective : experiences of electrical energy-sector reform from other countries106
4.1Restructuring of regional electricity companies113
4.2A restructuring case study : Kirovenergo - managing risks and overcoming challenges121
4.3External management in the Russian electricity sector : the case of Kolenergo127
4.4Management restructuring strategies in Russian regional utilities : SIEMEC132
4.5Russia's far east : overview of the power sector in the Khabarovsk Krai137
5.1RAO USE's record with corporate governance and business transparency147
5.2Corporate governance case study : lenenergo168
6.1Business opportunities for international investors195
6.2RAO UES : current investment projects of high-priority status215
AppChronology of the ongoing reforms in the Russian electrical energy sector221

Subjects