The event is under the auspices of REW
“Alternative energy will occupy a considerable niche in a diverse generation portfolio. It will most certainly continue to develop and replace less efficient technologies. This trend will continue, but its pace depends on regulations and the competitiveness of available technologies. As these technologies become commercially appealing, their cost goes down. In time, renewable sources of energy like wind and sun will largely edge out traditional energy sources. Of course, the traditional sources will remain, but will function in a somewhat different capacity: as a tool for balancing the system, providing electricity during peak periods.”
“Enterprises working in the fuel and energy sector continue to demonstrate steady growth despite the difficult market situation and artificial external constraints. In order to effectively implement Russia’s Energy Strategy until 2030, it is extremely important to maintain our competitive advantages and outline future ways to develop. Meeting these challenges requires coordination between government bodies, state corporations, and independent producers. The Russian Energy Week International Forum will help create the conditions for such coordination and, I believe, will also become a platform for constructive dialogue between experts in the fuel and energy sector.”
Deputy Prime Minister of the Russian Federation
Minister of Energy of the Russian Federation
Mayor of Moscow
Chairman of the Management Board, PAO NOVATEK
President, Siemens Energy in Russia