The crisis led to a reduction of energy consumption in Russia.

In November 2008, energy consumption in Russia fell by 5.5 percent compared with November last year. It is reported agency Interfax, citing data on power companies. From 28 November to 4 December, electricity consumption fell by seven per cent compared with the same period a year earlier.
The publication says that the decline in electricity consumption linked to falling production in the industry caused by the crisis, as well as the warm weather. In particular, reduced power consumption such large enterprises as the "Mechel" - at 16-17 percent, Novolipetsk Iron and Steel Works - by 35 percent, Chusovskoy Iron and Steel Works - by 54 percent.
In all Russian regions, except for the Far Eastern Federal District, Novgorod and Tomsk regions, energy consumption has declined. However, electricity prices in the European part of Russia fell by 16.2 per cent and in Siberia - at 1.9 percent.
In connection with the warm winter in Russia has also decreased gas consumption. In early December, the Russian gas monopoly Gazprom announced that could reduce the production of fuel for 15-18 billion cubic meters. In the Ministry of Energy has stated that the possibility of financial support group who suffered losses due to the decline in gas consumption.