Russia Power Report Q2 2012
Published : June 2012 No.
of Pages : 58 Price:US$1175
BMI View: Russia’s power sector faces a host of challenges.
There is no disputing the size of the market
and the potential for domestic and foreign companies alike to...
More
Russia Power Report Q2 2012
Published : June 2012 No.
of Pages : 58 Price:US$1175
BMI View: Russia’s power sector faces a host of challenges.
There is no disputing the size of the market
and the potential for domestic and foreign companies alike to invest.
However, infrastructure is old and
inefficient, meaning a mountain of capital is required to develop the sector.
Furthermore, the liberalisation
process has faltered.
State gas monopoly Gazprom has strengthened its grip on the power industry and
this is not seen as a positive move by many outside Russia, while price controls could persist in the retail
segment.
It will be some time before renewables make a meaningful contribution to capacity, leaving Russia
dependent on a potent mix of fossil fuels, nuclear and conventional large-scale hydro-power.
The nuclear
disaster in Japan is unlikely to influence Russian energy policy, while an abundance of gas and coal
resources point to these two sources maintaining a strong role in th
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