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16
October
2015

VEGAS LEX on dealing with payments arrears in retail electricity markets

On October 15, 2015 a seminar on "Economic and legal working conditions in retail electricity markets" was hosted in Moscow at the educational center NP "Market Council", and featured a senior associate of Energy practice at Vegas Lex, Yuriy Tatarinov.

Yuriy Tatarinov talked about working with receivables in retail electricity markets and the limitations of power supply. He elaborated on the length of consideration for cases of arrears, the procedure for the implementation of energy restrictions, and in particular, the design of acts for technological and emergency reservations.

Participants also discussed the standard legal framework of functioning of energy retail markets in the Russian Federation, the accounting of production for the retail electricity market, the volume calculation of supply and capacity for large consumers, the procedure for determining the amount of supply provided by the generator and power network, and the procedure for calculating reserve network power along with the offer by the Russian Energy Ministry to pay for the reserve network power.

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