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Six new power plants planned for Russia's Karelian republic could open up a £450 million market, according to the Finnish Energy Conservation Group.Studies carried out in the republic, which borders Finland, indicate that there will be greater utilisation of natural gas and energy sources found within the region.Three of the six power plants planned for Olonets, Medvezhegorsk and Kostamuksha are to run on peat. Another is a hydropower project in Beloporozhkaya and the remaining two will be natural gas plants in Segezha and Kondopoga.The six will increase the republic's power generation capacity from 1056 MW to 1386 MW. CONSTRUCTION NEWS