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.

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