Authors: Marat Terterov
ISBN-13: 9780749442026, ISBN-10: 0749442026
Format: Paperback
Publisher: GMB Publishing Limited
Date Published: June 2004
Edition: (Non-applicable)
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.
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.
Foreword | ||
Foreword | ||
1.1 | The electrical energy sector in Russia : on the threshold of major changes | 3 |
1.2 | The Russian investment climate | 6 |
1.3 | The contextual background to current reform of the Russian power sector | 21 |
2.1 | An introduction to RAO UES | 31 |
2.2 | Mosenergo | 38 |
2.3 | Irkutskenergo | 46 |
2.4 | An overview of Russia's major regional utilities | 55 |
3.1 | Restructuring RAO UES : the objectives of reforms and an overview of current trends | 67 |
3.2 | Reforming the Russian electricity sector : the view of RAO UES | 71 |
3.3 | The normative and legal basis for the restructuring of RAO UES | 75 |
3.4 | Practical and institutional barriers to reform implementation | 84 |
3.5 | Power-sector reform : does liberalization equate to higher electricity prices? | 93 |
3.6 | A comparative perspective : experiences of electrical energy-sector reform from other countries | 106 |
4.1 | Restructuring of regional electricity companies | 113 |
4.2 | A restructuring case study : Kirovenergo - managing risks and overcoming challenges | 121 |
4.3 | External management in the Russian electricity sector : the case of Kolenergo | 127 |
4.4 | Management restructuring strategies in Russian regional utilities : SIEMEC | 132 |
4.5 | Russia's far east : overview of the power sector in the Khabarovsk Krai | 137 |
5.1 | RAO USE's record with corporate governance and business transparency | 147 |
5.2 | Corporate governance case study : lenenergo | 168 |
6.1 | Business opportunities for international investors | 195 |
6.2 | RAO UES : current investment projects of high-priority status | 215 |
App | Chronology of the ongoing reforms in the Russian electrical energy sector | 221 |