The international community is focusing on issues surrounding innovative development in the energy sector. This year, the energy ministries of the G20 member nations adopted the Innovation Action Plan on Energy Transitions. Under this plan the countries will work together to develop innovative technologies in energy efficiency, renewable energy, nuclear power, digitalization, and fossil fuels. Russia is playing an active role in the search for solutions to the challenges posed by the energy trilemma: decarbonization, digitalization, and decentralization. Furthermore, the Russian energy sector is faced with the task of ensuring technological sovereignty and sufficient competencies in all key areas. How does the scientific community view efforts to solve these crucial issues in energy development? Which sectors could see the emergence of Russia as an innovation leader? How can effective international cooperation be nurtured? What priority developments should be made in power engineering today? How will energy production respond to the era of digitalization?