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Russian Capacity Market to Open

Posted in Capacity Markets,Liberalization,Russia by Cheryl Morgan on the June 4th, 2008

According to Platts the long-delayed capacity market in the Russian electricity sector will open at last on July 1st. Russia’s energy minister, Sergey Shmatko, is quoted as saying, “I hope everything will be all right.” Doubtless there was more spin on that in the original Russian.

Further information about industry restructuring in Russia is available via the RAO web site. A wholesale energy market has been operating since Sept 1st 2006 (though thanks to what appears to be another quirk of translation this is described as a “capacity” market).

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