Russia’s top MP supports re-nationalizing heating infrastructure
State ownership is a way to solve the problems in the public utilities sector, according to Vyacheslav Volodin
The issues affecting Russia’s public utilities sector can be solved by transferring heating networks and power generation to state ownership, State Duma Speaker Vyacheslav Volodin said on Tuesday.
The statement comes as recent record-breaking cold temperatures caused serious power disruptions in some Russian regions during the holiday season.
According to Volodin, cited by the Duma press service, a working group could be created to cope with the problems in the sector.
“Let us take this issue under control, because we must admit that generating capacities of thermal power plants and state district power plants are not always at the proper level,” Volodin was quoted as saying. “Those who privatized the capacities in the 1990s receive profits, but do not think that modernization of generating capacities is necessary,” he argued.
Kremlin spokesman Dmitry Peskov announced recently that the government will continue modernizing the public utilities sector.
For more stories on economy & finance visit RT’s business section
More Stories
Jackdaw gas field approval expected in mid-September, sources say
The UK government is expected to approve the Jackdaw gas field off the coast of Aberdeen in mid-September, according to...
Uber launches London’s first self-driving taxis with 15 Wayve cars
Londoners can hire self-driving taxis for the first time after Uber added rides in Wayve’s autonomous vehicles to its app...
OpenAI releases Astra model and claims ‘new era’ of AGI has begun
OpenAI released its latest model, Astra, on 3 September, describing it as the “world’s most intelligent and aligned model”, and...
Nvidia to buy Hugging Face for $12.9bn in bet on open AI models
Nvidia has agreed to buy Hugging Face, the New York-based developer platform, for $12.93bn (£9.57bn), in one of the chipmaker’s...
How Sustainable Is a Dubai Yacht Charter? A UK Business Buyer’s ESG Framework
For UK SME owners considering a Dubai yacht charter for client hospitality or team use, the sustainability question is real...
How Modular Home Battery Storage Supports Future Upgrades Without Replacing Everything
A battery sized for today’s evening load may look small after a heat pump, vehicle, or extension arrives. Solar battery...
