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Administrative and municipal law
Reference:
Vishnyakova, A. S.
Public Regulation of Property Relations in the Sphere of Electric Energy
// Administrative and municipal law.
2011. № 10.
P. 5-8.
URL: https://en.nbpublish.com/library_read_article.php?id=58863
Vishnyakova, A. S. Public Regulation of Property Relations in the Sphere of Electric Energy
Abstract:
Corporate regulation of property relations in the sphere of electric power derives from public regulation
which is conditioned by the dominating role of executive power, mostly the Russian Federation Ministry of Energy,
in creating grounds for corporative activity of the Market Council. Executive authorities realize their public
powers in the sphere of corporative administration by participating in the Market Council’s activities as a public
representative. The Market Council carries out the corporative regulation of property relations in the sphere of
electric energy in accordance with the Law on Electric Power Industry by the means of local law-making including
establishing a standard form of agreement on joining the wholesale market and wholesale market regulations
to the trade system. Therefore, property relations in the sphere of electric energy are regulated by the Market
Council regulations on civil powers of possessing, operating and disposing. Thus, the Market Council indirectly
participates in implementation of property powers by private entities.
Keywords:
electric energy, corporate regulation, local law-making, supervisory powers, right of veto, property sanctions, wholesale market regulations, accession agreement, public representation.
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