HomeMediaLatest NewsBrussels wants to protect the Baltics from unnecessary "electricity independence"

Brussels wants to protect the Baltics from unnecessary "electricity independence"

27 December 2016

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department

Sergey Kondratiev, Deputy Head of the Economic Department of the Institute for Energy and Finance gave comments to the analytical portal RuBaltic on the prospects of the BRELL power interconnection:

«Whatever the goals of the leadership of the Baltic states, ultimately the costs will be borne by consumers: the cost of building infrastructure will be included in the price of electricity… To disconnect from Russia and join a new market, you need to incur at least hundreds of millions dollars in capital costs.»

The commentary is available at: http://www.rubaltic.ru/article/ekonomika-i-biznes/271216-elektronezavisimost/

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department
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