RAO UES Reportedly Increasing Electricity Exports
Sep 18, 2007 - Datamonitor
Russian state-owned electricity titan
RAO UES has said that it will increase electricity
exports to China in a phased manner from 2008, reported
Russian press agency RIA Novosti, quoting a deputy
chairman of the company.
The report quoted Leonid Drachevsky
as saying: "We have an agreement on power exports
to China, which includes three stages, and we will
start implementing the first stage next year."
Elaborating on the proposal, Mr Drachevsky
said that RAO UES plans to export between 3.6 billion
kWh and 4.5 billion kWh per year in the first stage.
In the second stage this will be increased by 18
billion kWh annually, while in the third stage,
this will in increase by a further 38 billion kWh
a year, RIA Novosti revealed.
Mr Drachevsky is also reported to
have confirmed that Russia is ready to supply electricity
to Korea, but is now awaiting offers from foreign
Mr Drachevsky said: "Supplies of electricity
to the Korean peninsula could guarantee stability
in regional hot spots, including those that are
experiencing a deficit of power resources."