BMI View: Our core view for Russia’s power market remains unaltered this quarter. While the Russian power sector benefits from considerable market size and widespread electricity export links, a whole host of challenges still face prospective investors. Macroeconomic trends, coupled with a declining population, are set to take a toll on power demand, with mergers and regulatory developments suggesting that the government’s approach to the electricity sector is muddled. That said, among the most significant changes this quarter, we highlighted heightened interest towards hydro and non-hydro renewables. The Russian Federation is currently one of the top electricity generating economies in …
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