THE DEVELOPMENT OF COMPETITION IN THE ELECTRICITY MARKET

Аңдатпа

The paper addresses the problem of development of competitive electricity markets in
relationships that were formed by the enactment of the law "On electric power industry",
according to which it is prohibited to combine the activities of the transfer and sale and
purchase of electricity. The author considers types of violations of antitrust laws in the retail and
wholesale electricity market, and draws conclusions on the further development of competition
in the electricity market.
Various schemes of corporatization, privatization, consolidation with high-yielding types
of industries (e.g., aluminum production), expansion of the production chain by including the
production of equipment for the power industry were proposed as the main reform ideas.
Most of these projects were rejected due to infringement of the interests of private
shareholders or contrary to the interests of the company.