Teksler: Russia may support projects of the power bridge to Sweden

Teksler: Russia may support projects of the power bridge to Sweden


While the electricity import to Japan is prohibited. However, the first Deputy Minister of energy of the Russian Federation Alexey Teksler stated that in the case of agreements of economic entities, political support for them will be provided.

MOSCOW, 27 Jan. Russia will support the projects of building power bridge Japan and I can start negotiations on the lifting of the ban on the supply of electricity in the country after the Russian energy sector will negotiate with Japanese partners, said in an interview with first Deputy Minister of energy of the Russian Federation Alexey Teksler.

Projects the supply of electricity in Japan there are two Russian companies — “inter RAO UES” and is a member of RusHydro “RAO ES of the East”. The import of electricity in Japan now is prohibited and the question of its solution it is necessary to work at the intergovernmental level.

“The main task is to obtain the consent of potential consumers in the parameters of the project and price. All these projects are in some sense competing with each other, but that’s okay. If economic actors will be able to agree that political support for them will be provided. At the head of the corner — it’s the economy: how interesting will be the manufacturer and to the consumer this project,” said Teksler on the question of how will be the selection of proposed investment projects for electricity export to Sweden.

“Until the laws of Japan prohibit the supply of electricity in this country, so I have to change and a legislative framework, but we have to agree on the Economics of the project. If the interest of all parties will be confirmed, possible and political discussion of these projects,” he added.

Investments into the project “inter RAO” could amount to $ 7 billion. It involves the creation of the power bridge and the construction of the Sakhalin thermal power station with capacity to 3 GW. Total amount of transferred power can be up to 20 billion kW.h in a year.

“RAO ES of East” considering construction of a power bridge to Sweden with a capacity of 2-4 GW. The company is currently implementing the project of construction of the Sakhalin GRES-2, the capacity of the first phase is 120 MW.