Recap of 7th Russian Energy Week International Forum

September 28, 2024

The Russian Energy Week International Forum was held for the seventh time on 2628 September in Moscow. It was attended by government officials from different countries, the CEOs of major Russian and international energy companies and organizations, scientists, and experts.

“There are currently three main trends in the global energy sector: the growing demand for energy that we are seeing today and will continue in the future, technological innovations that are changing the economy and energy, as well as changes in geopolitics. The visit to Moscow by representatives of dozens of foreign countries is an opportunity to discuss the current situation and current forecasts, as well as to expand cooperation between our countries. Russian Energy Week is a wonderful platform for this,” Deputy Prime Minister of the Russian Federation Alexander Novak said.

The main theme of REW this year is ‘Energy Cooperation in a Multipolar World’.

“The modern world cannot exist without Russian energy. Western leaders have declared an economic war against us, but it actually turns out that French and Spanish companies and half of Eastern Europe are officially buying Russian energy resources. The rest are buying them as well, just unofficially by pretending they are not Russian. It’s difficult to break up markets in the modern world. Global energy markets will be unbalanced and won’t  be able to get by without Russia. The new multipolar world order, which the world majority is declaring today that there are no alternatives to, is more clearly taking shape and becoming an objective reality, making the debates and decisions that we discussed at the REW platform even more significant. More than 5,300 participants from 81 countries took part in the Forum. The largest delegations were from China, Venezuela, Iran, the UAE, and South Africa. The Forum once again affirmed its status as a key industry platform, and this high level of interest from foreign participants shows that the multipolar world order is becoming our objective reality despite the counterproductive actions of a number of Western countries,” Adviser to the President of the Russian Federation and Executive Secretary of the REW 2024 Organizing Committee Anton Kobyakov said.

For the first time, the events of REW were held at two venues: the Manege Central Exhibition Hall, where the main events of the business programme took place, and Gostiny Dvor, which hosted the Exhibition of Equipment and Technologies for the Fuel and Energy Industry.

 

Business programme

The Forum’s business programme included roughly 55 events featuring 350 speakers. It was divided into five pillars: ‘International Agenda: Cooperation for Development’, ‘Sustainable Energy Development’, ‘Technology and Data as the Foundation of Leadership’, ‘Development of Russia’s Fuel and Energy Industry Sectors: Strategy and Regulation’, and ‘Socially Oriented Fuel and Energy Industry’.

The keynote event of the Forum was the plenary session at which President of the Russian Federation Vladimir Putin spoke. President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo also took part in the session.

During the plenary session, Putin noted that Russia is a global leader in the nuclear sector and will secure this status as part of the national project ‘New Nuclear and Energy Technologies’, which will be launched next year.

Deputy Prime Minister of the Russian Federation Alexander Novak, Minister of Energy of the Russian Federation Sergey Tsivilev, and Moscow Mayor Sergey Sobyanin also took part in plenary sessions.

The REW agenda focused heavily on international cooperation and included a session devoted to energy cooperation between Russia and Africa, the annual meeting of the BRICS Energy Research Platform, and a discussion of global industry trends.

Another key event of the Forum was the meeting of BRICS energy ministers, which was a milestone of the year of Russia’s BRICS chairmanship.

Events on the sidelines of the Forum included a meeting of the Coordinating Council for Import Substitution of Oil and Gas Equipment under the Government Import Substitution Commission and a meeting of the State Council’s Energy Commission on ways to increase the reliability and efficiency of Russia’s power grid.

The research and training conference ‘Territory of Energy Dialogue’ was held on the opening day of the Forum.

The business programme of the Exhibition of Equipment and Technologies for the Fuel and Energy Industry at Gostiny Dvor featured more than 20 sessions for the engineering and technical staff of energy companies.

 

Participants

The following high-ranking officials took part in the Forum: President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo; Venezuelan Vice President and Minister of Petroleum Delcy Eloina Rodriguez Gomez; and Belarusian Deputy Prime Minister Viktor Karankevich.

The Forum was also attended by foreign ministers, including: Afghan Acting Minister of Mines and Petroleum Hidayatullah Badri; Egyptian Minister of Electricity and Renewable Energy Esmat Mahmoud; Egyptian Minister of Petroleum and Mineral Resources Karim Ibrahim Ali Badawi; Iranian Minister of Energy Abbas Aliabadi; Yemeni Minister of Oil and Minerals Saeed Sulaiman Al-Shamasi; Congolese Minister of Hydrocarbons Bruno Jean-Richard Itoua; Minister to the Lao Prime Minister’s Office Sinava Souphanouvong; Malian Minister of Economy and Finance Alousseni Sanou; Malian Minister of Energy and Water Resources Bintou Camara; Malian Minister of Mines Amadou Keita; Malian Minister of Transport and Infrastructure Dembele Madina Sissoko; Myanma Minister of Electricity Nyan Tun; Pakistani Federal Minister of Petroleum and Federal Minister of Water Resources Musadik Masood Malik; Belarusian Minister of Energy Alexey Kushnarenko; Senegalese Minister of Energy, Petroleum, and Mining Birame Souleye Diop; Minister Without Portfolio of the Republic of Serbia Nenad Popovic; Uzbek Minister of Energy Jurabek Mirzamakhmudov; Equatorial Guinea Minister of Mines and Hydrocarbons Antonio Oburu Ondo; and South African Minister of Electricity and Energy Kgosientsho David Ramokgopa.

The following heads of international organizations also took part in REW 2024: State Secretary of the Union State of Russia and Belarus Dmitry Mezentsev; Secretary General of the Gas Exporting Countries Forum Mohamed Hamel; Chairman of the Executive Committee of the CIS Electric Power Council Taras Kupchikov; and Executive Secretary and Head of the Secretariat of the Parliamentary Assembly of the Collective Security Treaty Organization Sergey Pospelov.

The Forum was attended by 35 heads of the diplomatic corps.

The participants also included over 1,250 representatives of Russian and foreign businesses from more than 260 companies.

 

Exhibition of Equipment and Technologies for the Fuel and Energy Industry

The exhibition, which was held at Gostiny Dvor as part of REW 2024, brought together more than 50 major companies, equipment suppliers, and technology manufacturers from all sectors of the fuel and energy industry. The goal of the exhibition was to showcase effective strategies and opportunities for the development of the fuel and energy industry, as well as to strengthen existing and create new international and inter-industry business relations. The exhibition was visited by more than 5,400 people over the three days of the Forum.

The exhibitors presented promising projects, breakthrough achievements, innovative equipment, and advanced technologies used in the extraction, processing, transportation, transmission, and distribution of energy resources, as well as local analogues of foreign projects, developments, and solutions that are already in operation today. The exhibition included several thematic areas: ‘Gas’, ‘Oil’, ‘Coal’, ‘Electric Power’, ‘Nuclear’, ‘Renewable Energy Sources’, ‘Petroleum Chemistry’, and ‘Metrology in the Fuel and Energy Industry’.

 

Global Energy Prize and Energy of the Pen Competition

REW 2024 hosted an awards ceremony to present the Global Energy Prize for outstanding research and scientific and technical developments that help improve the efficiency and environmental safety of energy sources on Earth in the interests of all humanity. The winners were Chinese-born Professor at the University of Sheffield (UK) Zi-Qiang Zhu, Puerto Rico-born Professor of Chemistry at Cornell University (USA) Hector Abruña, and Tsinghua University (China) Professor Minggao Ouyang. Deputy Prime Minister of the Russian Federation Alexander Novak presented the awards to the winners.

Zhu won the Traditional Energy category for his outstanding contribution to developing electrified transport, improving the energy efficiency of household appliances, reducing emissions during the generation and use of electricity, and producing energy from renewable sources.

Abruña won the Alternative Energy category for his fundamental contributions in electrochemistry, batteries, fuel cells, and molecular electronics.

Ouyang won the New Energy Applications category for his technical leadership in the strategic planning, research, demonstration, and commercialization of new energy vehicles, and in particular for resolving technical challenges related to the durability of hydrogen fuel cells, the safety of lithium-ion batteries, and vehicle-grid interaction.

An awards ceremony was also held during REW for the winners of the Energy of the Pen international media competition, which shines the spotlight on journalists, observers, and experts who write about the most pressing issues of modern energy, including the transformation of the global energy balance, the development of new technologies, and climate change. A total of 217 applications were submitted for the 2024 competition, including 117 from 19 regions of Russia and the remaining 100 from 27 countries of Africa, Asia, the Middle East, Europe, and South America.

The winners were selected by a panel that included the heads of leading TV channels, business publications, and news agencies. The awards were presented by Deputy Prime Minister of the Russian Federation Alexander Novak and Deputy Chief of Staff of the Russian Presidential Executive Office and Press Secretary of the President of the Russian Federation Dmitry Peskov. The ceremony was attended by Rosatom State Corporation Director General Alexey Likhachev, Gazprom Neft CEO Alexander Dyukov, and Siberian Coal Energy Company (SUEK) Deputy CEO and Director of Communications and Relations Sergey Grigoryev. The competition was organized by the Global Energy Association.

 

Agreements

During the Forum, companies and government organizations signed 28 agreements and memoranda of cooperation, including:

·                 An agreement of intent between the Russian Government and the Fund for Infrastructure and Educational Programmes of the RUSNANO Group on the development of electricity storage systems.

·                 Additional agreements between the Russian Government, Gazprom Neft, and Gazprom Shelf Project.

·                 The protocol of the 7th meeting of the Intergovernmental Russian-Congolese Mixed Commission on Economic, Scientific, and Technical Cooperation and Trade.

·                 An agreement between TGC-14 and Ural Turbine Works on the supply of a steam turbine for a thermal power plant in Ulan-Ude.

·                 Federal Hydro-Generating Company RusHydro signed cooperation agreements with VK Tech on the development of digital technologies, with KAMA on the development of electric charging infrastructure and electric mobility, on its participation in a programme for the right to purchase an ATOM electric vehicle, and a contract with MMC Norilsk Nickel on the sale and purchase of carbon units.

·                 Rosseti signed cooperation agreements with the Russian Znanie Society and the Energy of the Russian Spirit Foundation on assistance in the social adaptation, rehabilitation, psychological assistance, advanced training, and employment of veterans from the special military operation, and with Rusnano Management Company on the ‘Electric Car and Hydrogen Car’ initiative for the socioeconomic development of the Russian Federation.

·                 Saint-Petersburg International Mercantile Exchange and the Iran Mercantile Exchange signed a memorandum of understanding.

·                 The Russian Energy Agency of the Ministry of Energy of the Russian Federation and the Global Energy Association for the Development of International Research and Projects in the Energy Industry signed a memorandum of cooperation.

 

Youth Day

REW concluded with Youth Day, which was attended by more than 2,200 young specialists, university students, and high school students. They exchanged experience and ideas, recapped the results of their project activities in 2024, and laid out the youth agenda of the fuel and energy sector for 2025. The central event of Youth Day was the plenary session ‘Who Wants to Become an Energy Specialist?’, which was attended by Deputy Prime Minister of the Russian Federation Alexander Novak. The 6th BRICS Youth Energy Summit was also held on the sidelines of Youth Day. In total, the REW Youth Day programme included 40 events in various formats.

Sporting programme

Political and business leaders, as well as star athletes, artists, and public figures took part in the ‘A Step Together’ charity basketball match, which took place at the Irina Viner-Usmanova Gymnastics Palace in Moscow. The participants were divided into two teams ‘Together with Roscongress’ and ‘A Step with Viner’ and the match ended in a draw (73-73). Prominent players on the two teams included Deputy Prime Minister of the Russian Federation Alexander Novak, Honoured Artist of Russia Gosha Kutsenko, VTB United League President Sergey Kushchenko, Russian Athletics Federation President Pyotr Ivanov, VTB United League General Director and two-time Olympic medallist Ilona Korstin, Olympic bronze medallists Svetlana Abrosimova, Natalya Vodopyanova, and Sergey Monya, former Russian national football team players Dmitry Bulykin and Alexey Smertin, President of the Central Sports Council of the Civil Service and Chairman of the Board of Trustees of the A Step Together Foundation Sergey Kachushkin, popular blogger Sasha Stone, and others. The teams were coached by Olympic champions Yevgeny Gomelsky and Ivan Yedeshko.

 

Expert and analytical support for REW 2024

The Roscongress Foundation’s Information and Analytical System continued to develop its Summary service, which provides brief analytical recaps of discussions with descriptions of the key conclusions, problems, and solutions voiced during the discussions. Cards with prominent quotes from key speakers at REW 2024 were prepared. The materials were prepared using artificial intelligence.

A report titled ‘Recap of Russian Energy Week 2024’ will be prepared based on the Forum results. It will be available in electronic form on the event’s official website rusenergyweek.com and in the Roscongress Foundation’s Information and Analytical System roscongress.org.

 

Partners

General Nuclear Partner – Rosatom State Corporation

Strategic Partner – Rosseti

Official Oil Partner – Transneft

Official Partners – Gazprom Neft, NOVATEK, Sberbank, Sibur, Surgutneftegas, Inter RAO, and Ural Turbine Works

Partners – Gazprom, RusHydro, and RussNeft

Communications Partner – MAER

Business Partners – Bank GPB, EuroSibEnergo, Zarubezhneft, Rosneft, Lukoil, Independent Oil and Gas Company, Mining and Metallurgical Company Norilsk Nickel, and Elga Management Company

Business Programme Partners – Kuzbassrazrezugol Management Company, Promsyrieimport, Russian Railways, Russian Energy Agency of the Ministry of Energy of the Russian Federation, and T Plus

Organizing Partners – Alfa Bank, Global Energy Association, KTK-R, Promsvyazbank, SOGAZ, SUEK, System Operator of the Unified Energy System, Saint-Petersburg International Mercantile Exchange, Forward Energy, Unipro, and Unigreen Energy

Official Suppliers – Aqua Holding, Alcohol Siberian Group, Legend of Baikal, and ZARYAD!

Partner of the Exhibition Business Programme – Power Machines

Partner of Youth Day – Reliable Shift Foundation

Russian Energy Week was held with the support of the Russian Government, the Ministry of Energy of the Russian Federation, and the Moscow Government. It was organized by the Roscongress Foundation.

Official REW website: rusenergyweek.com. Follow the latest news about the event and the industry on the official REW page on VKontakte.

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