Russia Power Report Q2 2014 - New Market Research Report
A slowdown in household consumption and the Kremlin's failure to sufficiently address structural impediments to investment are likely to continue to weigh on the Russian power sector - based on the fact that power demand remains highly correlated with economic development and industrial production. While the Russian power market is huge in terms of its sheer scale, we maintain our view that it will only register subdued growth over our forecast period as macroeconomic headwinds, a difficult political environment and...
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