OREANDA-NEWS. On June 07, 2007 the Management Board of Russian Railways discussed at its meeting the implementation of the Company’s Energy Strategy (ES), which was approved on 1 October 2004 and covers both the medium term up to 2010 and the long-term to 2020, reported the press-centre of Russian Railways.

According to forecasts of the growth in shipments expected between 2007 and 2010, the proportion of shipments going by electric traction should increase from 84,8% and 85,4% respectively.

In connection with this, the Management Board approved the main parameters of fuel and energy consumption (FEC) between 2007 and 2010. For subsidiaries and dependent companies of Russian Railways, a unified approach has been adopted regarding standards and expenditure of all types of FEC.

In addition, the Board approved the development and use of alternative renewable resources in rail transport, the development of the Company’s own generating facilities and powerful energy storage units.

The Management Board also laid down the main task when updating the Company’s Energy Strategy as introducing highly efficient innovatory technology.