Sergey Kondratiev commented to Nezavisimaya Gazeta development of the Russian energy market

Sergey Kondratiev, Deputy Head of the Economic Department of the Institute for Energy and Finance commented development of the Russian energy market to Nezavisimaya Gazeta:

«There are consumers in Russia who pay for electricity at prices prevailing in the market — these are the overwhelming majority of industrial consumers and commercial consumers, including small businesses. There is an exception — electricity prices are set by the state for the population and equivalent categories, as well as for consumers located in non-price zones (European North, Far East, isolated energy systems). The Russian electricity market has many features that distinguish it from Western Europe or the United States — this is a different network topology, and the structure of generating capacities, etc., but this specificity of the market does not make the prices emerging on the market «unreasonable» or «incorrect» …

The commentary is available: http://www.ng.ru/economics/2019-12-18/5_7755_150218122019.html