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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, 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, and 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 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

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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The Future of the Electricity Industry: How Power Systems and Consumers Are Set to Change
4 October 2017

Experts predict that global demand for electricity will increase by 25–30% in the next 20–30 years. The main sources of growth in demand will be residential and commercial properties, as well as industry and transport. Geographically speaking, India and Africa are set to see the fastest growth rates, whereas in OECD countries demand is expected to remain stable due to the development of the digital economy and improvements in energy efficiency, which is counterbalancing electrification. Nonetheless, the accuracy of these predictions remains in doubt due to a large number of uncertainties. Discussions are ongoing with respect to how rapidly electric car use will spread and new technologies for storing and transmitting energy will be implemented; how competitive generation from renewables will be once state subsidies from European countries come to an end; and how quickly environmental standards for energy companies will be toughened. How are different countries realizing their energy strategies in order to ensure energy security in these new times? What steps must Russia take to maintain its existing competitive advantages and leading positions in energy resource and technology markets? How will electricity demand and consumption change over the next 30 years? Breakthrough technologies in electricity: can we expect a ‘black swan’? Stimulating innovation in electricity: whose job is it? How is Russia’s power supply system set to change?

Russian Energy Week
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Analytics on the topic