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Energy and utilities
The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distributꦍion of electricity derived from a variety of sources, including fossil fuels, nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
Much ไlike the rest of the world, the countries from Emerging Europe* are increasingly turning towards renewable energy (RE) to diversify their energy mix, reduce greenhouse emissions, and thus achieve a sustainable economic growth model. ...
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The abundance of low-cost fossil fuels has predefined the low uptake of renewable energy resources and the strong presence of oil, natural gas and coal in Russia’s power generation mix🌄. Furthermore, of the nꦛearly 55 GW total RE ...
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Russi🎀a is one of the top producers and consumers of electric power in the world. The country has rich gas, oil, and coal reserves, and most electricity is generated by thermal power plants, although nuclear and hyd🍷ropower also provide a ...
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The Russian electric power sector contributes an approximate 2.5% share to the economy in terms of nominal GVA and provides jobs to about 2.5% of the country’s workfor💮ce. Russia relies on thermal power sources to generate most of its ...
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The Russian electric power sector is of strategic importance for the government, which controls key assets in the power system. Th🎶e sector generated 2.6% of the country’s gross domestic product (GDP) and employe🌱d 2.4% of the workforce in 2017. ...
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The electric power industry in Russia generates 3% of the country’s g🃏ross domestic product (GDP) and the government sees it as a strategically importan♏t sector. So, in accordance with the Federal Law, the Russian government controls key assets ...
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