Opportunities in Russia's power market

Doors opening

Russia's energy markets are notorious for having a few, yet huge, domestic players making it difficult for Western players to gain access. However, Russia's growing power sector could prove a more viable route of entry for Western participants now that European energy companies such as Germany's E.ON, Italy's Enel and Finland's Fortum are establishing a strong presence in Russia and power prices are set to be fully liberalised during January 2011.

But with growth markets also come challenges.