Russian Nuclear Energy Concern To Sue RAO UES

Arguments about exports of electricity continue raging on the Russian energy market. Leaders of the Russian nuclear energy concern Rosenergoatom announced yesterday that they will file a suit against RAO UES (Unified Energy Systems) of Russia in the near future. The suit will contain demands to cover losses worth about 100m rubles ($3.39m) that the energy concern suffered when RAO UES refused to transmit electricity to Georgia according a contract with the German RWE Trading GmbH, a participant of the Georgian energy market. It is worth mentioning that the nuclear energy concern has been competing for the right to export electricity to Georgia for almost six months. In their turn, leaders of RAO UES explained that Rosenergoatom should have secured an agreement with RAO UES before signing a contract on electricity transmission with the German company, the Vremya Novostey newspaper reported.

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