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 coming revolution in hyper-smart power systems
1 June 2017

Transformations in the global power industry are sending waves of change over the energy landscape. Advancements in generation, delivery, and storage technology and new ways of managing power systems of various scales are opening up new opportunities for the development of both conventional and renewable energy. In addition to the basic elements of the power industry — generation, distribution, and consumption — the new element of storage is emerging, which is capable of re-formatting the system and transforming electricity from a service to a tradable commodity. The introduction of smart networks and digital substations, the development of customer services, and solutions for commercial accounting of bidirectional energy transactions for power-generating consumers are all not only driving a shift towards smart power systems, but also setting up serious changes in the global energy mix. How should Russia act, within the scope of its energy policy, to accommodate these trends? How can maintaining the competitiveness of conventional energy exports be smoothly combined with participating in the sector’s IT race? How can Russia become a global leader in providing technological solutions for the smart power industry of the future?

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