Power Stations: Proposals and Supply Chain

power stations: Analysts say the proposals would lead to higher costs for producing new sources of clean energy in Russia, according to The Independent. Since Russian companies do not have the technology or knowledge to go it alone, they say, the proposals would add one more Russian firm at the top of the supply chain, making infrastructure investment projects even more expensive. New proposals currently being discussed would block contracts for new wind and solar farms, along with other renewable energy production projects, from being awarded to non-Russian entities. Nearly all of Russia's wind and solar power stations are current designed by foreign companies, such as China's Amur Sirius, Italy's Enel, Finnish firm Fortum and German engineering giant Siemens. It would lead to even more expensive energy production costs since the fact that foreigners cannot do the planning does not lead to a situation where Russian entities would be able to do it. It's a little bit astonishing, Dr Thomas Heidemann, a partner at law firm CMS who focuses on the Russian renewable sector told The Moscow Times. (news.financializer.com). As reported in the news.