Russia Power Q1 2019
Limited domestic consumption growth, macroeconomic headwinds and financing issues will result in stagnant growthin total electricity output in the Russian power sector over our forecast period to 2027. Gas-fired power output will account for themajority of the country's power generation, supported by large domestic reserves. Despite our muted forecasts for Russianrenewables, we note that newly planned projects and international firms setting up domestic manufacturing capacity point toupside growth potential.
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