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Thursday, 3 October 2013

Russia Renewables Report Q4 2013:Energy & Power Market Research Reports

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Russia Renewables Report Q4 2013
Oct 2nd 2013, 00:00, by swapnil

BMI View: In May 2013 Russia’s government revealed plans to offer developers of renewable sources of energy financial incentives. On the surface, this is a major boost to the sector, as very little has been done to tap into Russia’s vast renewable energy potential, but few new projects have emerged in recent months, suggesting that interested in renewable sources of electricity is subdued. Russia has considerable domestic reserves of fossil fuels, which means that coal- and gas-fired sources of electricity are relatively cheap to run. These low costs are passed on to end-users, meaning that the argument for developing renewable …

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