Kremlin: Putin made no statements on participation in 2018 presidential electionRussian Politics & Diplomacy February 21, 13:15
Kremlin declines to comment on appointment of Trump’s new national security adviserRussian Politics & Diplomacy February 21, 13:09
Press review: Russia’s UN envoy dies in New York and Iran urges closer ties with MoscowPress Review February 21, 13:00
Peskov on Ukraine blocking UNSC statement on Russia's late envoy: 'May God judge them'Russian Politics & Diplomacy February 21, 12:59
President of Azerbaijan appoints his wife as first vice-presidentWorld February 21, 12:37
Ukrainian MP Savchenko renounces parliamentary immunityWorld February 21, 12:32
Lavrov voices hope for restoration of Russia-Sweden relationsRussian Politics & Diplomacy February 21, 12:21
Diplomats all over the world will remember Churkin as an outstanding professional — LavrovRussian Politics & Diplomacy February 21, 11:50
Ukraine stonewalls adoption of UNSC statement dedicated to Russia’s envoy ChurkinWorld February 21, 11:26
MOSCOW, September 1 (Itar-Tass) —— Electricity prices in the coming years in Russia will continue to grow, Energy Minister Sergei Shmatko told the media on Thursday.
"In the near term there will be no pre-requisites for a reduction of prices in the electricity market - the prices will continue to increase," said Shmatko.
According to the energy minister, "the reason for this is the industry’s high demand for investments, needed for modernization." The minister added that "the price of electricity consists of the wholesale price, transportation costs and sales surcharges, and while the investment component in the final rate is negligible."
According to Shmatko, "great influence is also caused by the gas prices, and the transition to equal profitability of domestic and export prices, expected in 2015 or later could also lead to a rise in the price of electricity in the coming years."
"The solution of the problem is seen in the control of the power grid’s costs, more precise planning, unification of equipment and the application of energy saving technologies," Shmatko concluded.