title: Common electricity market of the EEU: Effects for Russia
metadata.name: dc.contributor.author
metadata.value: Kolomiets, Alexandra R.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Kurdin, Alexander A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2023-02-07T12:41:14Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2023-02-07T12:41:14Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2022-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Kolomiets, A. R. and Kurdin, A. A. (2022) ‘Common electricity market of the EEU: Effects for Russia’, St Petersburg University Journal of Economic Studies, 38 (4), pp. 532–550. https://doi.org/10.21638/spbu05.2022.403 (In Russian)
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2022.403
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/38998
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The integration of the EEU economic space includes measures directed to create common
  electric power markets, however, theoretical and empirical scientific research does not allow
  us to speak unequivocally about the positive effects for all participants of such an integration
  alliance. The issue of creating a common electricity market of the EEU countries is also quite
  controversial in practice due to a number of existing regulatory and technical barriers. The
  presented work is proposed to consider the possible consequences of the creation of wholesale
  electricity markets for Russia. The author, using the autoregressive fractional-integrated
  moving average model, shows that the creation of a common electricity market of the EEU
  countries may be premature at the current level of technical capabilities and the structure of
  national markets. Obtained as a result of modeling forecast price of the general market exceeds
  the price of the domestic wholesale market in Russia. It can cause a disparity in supply
  and demand on the domestic and the general markets, that increases in prices for the domestic
  buyers with some probability. Thus, the integration effects of the creation of a common electricity
  market may not always be positive for all parties to the agreement, which means that
  the overall gain from lower electricity prices under such an agreement requires a comparison
  of the costs and benefits of the agent making the decision to join such an alliance.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: The article is prepared within the RANEPA state assignment.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 38; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: national wholesale electricity markets
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: integration of electricity markets
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: common electricity market of the EEU
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: pricing in the electricity markets of the EEU
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: price forecasting
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Common electricity market of the EEU: Effects for Russia
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 03.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/38998/1/03.pdf
resources.format: Adobe PDF
resources.size: 1,51 MB