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Interests of all categories of consumers, particularly households, should be taken into account when reintroducing market regulation

 

Comment of Vyacheslav Solomin, acting CEO of OJSC EuroSibEnergo, on the draft Decree of the Government of the Russian Federation on Amending the Regulations on the Wholesale Market of Electricity and Capacity Regarding the Issues of Wholesale Market Participation of Hydroelectric Power Plants Located in the Second Price Zone of the Wholesale Market:

“Undoubtedly, the adoption of this decree is not unexpected for generating companies in the second price zone. In Siberia there are surplus capacities which we need to utilize as efficiently as possible, and it is commercial logic that we should apply when doing so. But until the Government makes the final decision, it is too early to speak of an economic impact on generating companies. Besides, interests of all categories of consumers, particularly households, should be taken into account when reintroducing market regulation. In this case, volumes under regulated contracts and the procedure used by relevant authorities (the FTS) for setting prices for households will remain unchanged.”

Press service of OJSC EuroSibEnergo

January 30, 2014
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