REW 2017 – A glimpse into the future of the electric power industry

October 16, 2017

REW 2017 – A glimpse into the future of the electric power industry

Moscow, 13 October. – Representatives of line ministries and departments as well as senior officials from leading power companies of Russia and the world presented their vision of the future development of the electric power industry during Russian Energy Week.

Russian Deputy Minister of Energy Vyacheslav Kravchenko: 

“The changes in production and distribution technologies that are currently taking place will have a serious impact on the energy sector. At the same time, based on the place that Russia currently holds in the global energy sector and considering that it is a leader in the production of energy resources, I do not think that our industry will radically shift towards generation based on renewable energy sources”.

Rosseti General Director Pavel Livinsky: 

“The future of the power industry will largely depend on whether there will be fundamental breakthroughs in engineering and technology. Major backbone consumers and cities will remain on the power networks along with the emergence of smart micro networks. Another important trend is the increase in the share of renewable energy sources”.

President of Siemens in Russia Dietrich Moeller: 

“The main trends in the development of equipment supplier companies are the modernization of obsolete power generation infrastructure, the transition to new technologies, the increase in capacity as well as the growing demand for the use of digital technologies and cloud services in all areas of the electric power industry”.

Gazprom Energoholding General Director Denis Fedorov: 

“Thermal power was, is, and will remain the foundation of the Russian energy industry for many years to come. If we remove the artificial markups that exist on the market, we are well aware that the cheapest electricity is the power generated by thermal power plants. However, nobody talks about its drawbacks: the inability to accumulate electricity for a long period, the infeasibility of solving the problem of the low ratio of installed capacity used by stations that run on solar and wind. And I think it’s a serious mistake that we are artificially trying to develop technologies that are disadvantageous for us and extremely expensive”.

Read more

.