A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 179 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Introducing energy efficiency principles to save Russian companies USD 100 bn per year

Moscow, 9 August.The World Bank has estimated the economic effect for the Russian industry, energy, and transport sectors from the introduction of energy efficiency principles at USD 100 billion. The international financial organization’s calculations confirm the forecasts of the Russian Ministry of Energy set forth in the draft Energy Strategy. The document states that reducing the energy intensity of GDP by 1.3-1.5 times would correspond to saving 315–580 million tonnes of standard fuel per year.

The Russian Ministry of Energy estimated that the sectors of the Russian economy with the greatest potential for energy efficiency include the housing and utilities, budget, and services sector (22%), the fuel and energy sector (40%), transport (18%), and industry (12%). For example, energy can account for up to 60% of metals costs and up to 40% in the extraction of oil from wells.

The Russian Ministry of Energy jointly with the Federal State Statistics Service has also developed a system of objective key energy efficiency indicators (24 indicators), which would make it possible to formulate plans for the development of industries taking into account the requirements for reducing energy intensity.

Russian companies have already estimated the economic efficiency from the introduction of energy efficiency. For example, Inter RAO generated a return of RUB 400 million in 2016 from reducing conventional fuel consumption. The country’s entire power generation industry would save up to 60 million tonnes of conventional fuel from the widespread use of energy-saving technologies. In monetary terms, this figure is comparable to the annual budget of Ekaterinburg.

Energy efficiency and energy conservation will be covered by a separate pillar of events during Russian Energy Week. Such events include a meeting of the government commission on issues concerning the fuel and energy industry and improvements in the energy efficiency of the economy, a national meeting on the promotion of an energy saving lifestyle and the information transparency of the fuel and energy industry, and a presentation of the energy efficiency rating of grid companies. A discussion on energy efficiency is planned as part of the session “New and improved lighting: better investment in quality of life in Russia’s cities”.


Внедрение принципов энергоэффективности позволит сэкономить предприятиям России 100 млрд долл. США в год