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Energy efficiency: a new top priority

Overview

While gas and electricity generation companies offer the most immediate and direct plays on energy price deregulation in Russia, this fundamental reform also gives rise to a more variegated and durable investment theme. This is the rapid emergence of energy efficiency – never a priority under the old price signals – as an important factor in companies’ margins and competitiveness as well as in household budgets.

Demand related to energy efficiency will therefore grow even faster...

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