After the launch of a new market, retail electricity prices for various consumer categories went up by 5-30%. Therefore, the government’s recent decision concerning imports from Belarus and Russia may produce a certain positive effect in a short term, first of all, for large consumers. Development of competition and the strengthening of consumers have been, and still are, some of the key goals which reform of the domestic electricity market had to attain. In turn, these factors had to result, via the action of market mechanisms, in optimization of prices, increasing quality and reliability of power supply. But for that to happen, certain conditions are needed which we actually don’t have and are not going to have anytime soon with our internal generating capacity. In addition, the rapidly growing renewable energy segment is one of the factors destabilizing the new market. Due to the effect of a relatively high "green" tariff and low controllability of renewable energy generating capacities, it may only aggravate the situation and increase physical and financial imbalances of the market.
During the talks, the Russians have not only been introduced to the future GTS operator but were also given the roadmap for the completion of unbundling process
Contracts signed under duress have always contained threats for the party forced to sign them. The existence of an own vision of cooperation laid down on paper allows to minimize this risk.
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