Russia’s Energy Ministry has given the go-ahead for the construction of an $830m electric cable along the bottom of the Kerch Strait linking Crimea to Russia as part of its drive to end the peninsula’s dependence on Ukraine for its energy. The project is scheduled for completion by Christmas 2020.
Crimea is still 70% dependent on energy supplies from and that figure can rise to as high as 90% during hours of peak demand. In July, Ukraine — which is struggling with runaway inflation — raised the price of electricity supplies to Crimea by 15%, news agency RBC reported.
Source: The Moscow Times