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 155 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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Challenges and Opportunities for the Global Power Sector in a New Era
4 June 2021
10:00—11:15
KEY CONCLUSIONS
Renewable energy sources won’t completely replace traditional ones; the energy of the future is to combine them

We need to imagine the world of the future: it will not only be renewable energy, but a combination of renewable energy with other types of energy — ean-Pascal Tricoire, Chairman, Chief Executive Officer, Schneider Electric .

We need to understand that renewable energy sources cannot completely replace traditional ones, especially where a lot of energy consumption is required, such as for car manufacturing, steel production, and so on — Markus Rauramo, President, Chief Executive Officer, Fortum.

Of course, nuclear power plants are a priority because we need to use the scientific and technological potential that has been accumulated in nuclear energy. I think that hydropower should be of priority importance considering the resources that we have in the country today — Nikolay Shulginov, Minister of Energy of the Russian Federation.

The power grid industry will continue to develop. The main driver is the incorporation into the network of large renewable energy facilities, which are often located far from their own centres of consumption. But the bigger the power system, the easier it is for you to compensate for the non-guaranteed operating mode of renewable energy facilities. The bigger the power interconnection, the easier it is to smooth out the imbalance that arises — Fedor Opadchiy, Chairman of the Board, System Operator of the United Power System.

Russia needs mass grid construction for renewable energy sources, which will affect the entire energy industry

Mass grid construction is needed to integrate large volumes of renewable energy sources into the energy system. Estimates show that the volume of construction should be twice as much by 2040 as that built over the past 130 years in the networks — Nikolay Shulginov, Minister of Energy of the Russian Federation.

When deploying new technologies, it’s crucial for the state, companies, and consumers to maintain a certain balance in this regard and to see how this affects related industries when applying the latest technologies — Andrey Ryumin, General Director, Chairman of the Management Board, Rosseti.

ISSUES
The continuity and reliability of grids must be supported as the volume of renewable energy sources increases

There is no adequacy. We need to think about microgeneration, about a large power system, and about the stability of the country’s power system […] When the volume of renewable energy sources is small, no one notices [possible losses], but large volumes will create problems — Nikolay Shulginov, Minister of Energy of the Russian Federation.

What are we going to do when generation becomes more complex? What is our biggest challenge? Put everything together and combine everything — ean-Pascal Tricoire, Chairman, Chief Executive Officer, Schneider Electric .

SOLUTIONS
Digitization is needed to manage networks and solve the problem of network security and reliability

We need generation that is interconnected. We can combine renewable energy sources with other types of energy generation. At the same time, we have a grid that is responsible and supplies energy to consumers. In the future, everything will be interconnected – from the grid to the consumer. We need to develop software and provide analytics, machine learning, and artificial intelligence so that we can manage the entire network as a whole in a completely different manner — ean-Pascal Tricoire, Chairman, Chief Executive Officer, Schneider Electric .

The system is becoming more complex. We not only have to manage the grid, but generation as well. Since it’s more complex, it’s impossible to manage the power system in the old-fashioned way. So, we need to use digital technologies to improve the reliability of management — Nikolay Shulginov, Minister of Energy of the Russian Federation.

Without introducing the latest technologies and changing our business processes, and without digitalization, which we talk so much about, our life is probably impossible at this point in time [...] We are currently using VR technologies that help in training our personnel and will introduce quite a few VR simulators to work in certain areas on our equipment. Unmanned aerial vehicles and satellite imagery also help us monitor power lines and control the construction of linear facilities. There are a multitude of technologies that can transform our industry. I should probably also mention energy storage systems — Andrey Ryumin, General Director, Chairman of the Management Board, Rosseti.

The material was prepared by the Russian news agency TASS