MOSCOW, June 30 (RIA Novosti) - Russia's...
premier also said that construction of new power plants should increase Russia's electricity generation by at least 40% by 2020.Chubais said domestic electricity demand grew 4.5% in the first five months of 2008 and will continue to rise for at least the next five to seven years, according to expert forecasts.
Chubais also predicted a hike in consumer prices for electricity in the near future. He cited three reasons, including the launch of a large-scale investment program, a hike in energy prices around the world and a global financial crisis.
The businessman also said tougher environmental laws and the introduction of expensive standards concerning the control of greenhouse gas emissions were in store for the Russian power sector.
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