Impact of energy price reforms
Knut Vralstad and Andrew Ellis
Bok Engelsk 2003
| Medvirkende | Vralstad, Knut (medforf.)
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|---|---|
| Utgitt | [Oslo] : ECON analysis , 2003
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| Omfang | 18 s. : ill.
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| Opplysninger | Abstract: Energy prices in Russia are very low and generally below the long-run marginalcost, but recent reforms and plans indicate higher prices are on the agenda.However, many obstacles to a successful reform path remain, and a multiple of plausible futures can be formulated, from rapid adjustment to total collapse of thereform process. ECON has examined the impact of different price reform paths on Russia as a whole, and on the Barents Sea region in particular, under three scenarios. The focus of the paper is on the development of the electricity and gassectors.ECON's findings suggests that there is limited need for additional large-scale gasor power production capacity in the Barents Sea region before 2020. Development of the Stockman gas field is liable to start sometime in the 2020-ies, depending on the level of exports and on the domestic price scenario. Major uncertainties for these results are the possible early decommissioning of the Leningrad and Kola nuclear power plants and uncertainties around the attractiveness of the Kara Sea versus the Barents Sea gas resources.
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| Emner | |
| Dewey |
