MODERNIZATION AND ENERGY EFFICIENCY IN RUSSIA: FORCED MEASURES OR NEW OPPORTUNITIES?

MODERNIZATION AND ENERGY EFFICIENCY IN RUSSIA: FORCED MEASURES OR NEW OPPORTUNITIES?

18 June, 12:30–13:45

Russian businesses are under pressure to revamp operations and significantly improve efficiency. At the same time, government-owned and natural monopolies are expected to further cut costs and review their investment programmes given the sagging economy. Can the difficult circumstances be a catalyst for reform and create investment opportunities for private capital in the state sector, particularly in energy efficiency projects? How can the Russian government and regional authorities support steps to enhance efficiency?












Broadcast

Key moments

Energy efficiency rests entirely on three things: proper regulation, subsidies and/or market mechanisms.
Alexander Chuvaev
The key role of government in using energy efficiently is to provide incentives and to impose regulations to achieve fair market terms and, ultimately, to lead by example. I think there are a lot of activities and efforts under way in Russia to make that happen.
Hans-Paul Buerkner