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Russian Energy Week to address infrastructure development as a factor for economic growth and improving living standards

One of the main discussion topics during the Russian Energy Week International Forum will be the development of infrastructure as a way to grow the economy and improve people’s living standards.

Russian Deputy Prime Minister Dmitry Kozak, Moscow Mayor Sergei Sobyanin, Russian Railways CEO and Chairman of the Management Board Oleg Belozerov, Sberbank CEO and Chairman of the Executive Board Herman Gref, Rosseti Director General Pavel Livinsky, and Schneider Electric Executive Vice President for Industry Business and Member of the Executive Board Peter Herweck have been invited to take part in a plenary session devoted to this issue. The session will be moderated by TV host and Deputy Director of the Rossiya television channel and President of the Bering-Bellingshausen Institute Sergey Brilev.

 

The need to develop the country’s infrastructure is reflected in the May decree issued by Russian President Vladimir Putin as a priority task for the coming years. The viability of the socioeconomic environment of the country and its regions directly depends on the condition of infrastructure.

“The development of the Moscow transport hub is of key importance for the capital and for the economy of Moscow and Russia as a whole because the Moscow metropolitan area accounts for 26% of the total GRP of all the country’s regions. At the same time, it is essential to synchronize all large-scale transport projects so that they work as efficiently as possible”, Sobyanin said.

 

During the session, the leaders of infrastructure companies will share the first results of projects that have already been implemented and identify priorities for the near future. In particular, the draft plan for the development of the Russian Federation’s core infrastructure provides for expenditures of RUB 6.8 trillion over the period from 2019 to 2024. Transport infrastructure will make up the lion’s share of the expenditures that are earmarked under the plan. Projects will be implemented to develop the West–East and North–South transport corridors for cargo transportation and increase of level of economic cohesion between the territories of the Russian Federation through the expansion and modernization of railway, aviation, road, sea, and river infrastructure.

A key target of the plan is to guarantee affordable electricity in the country, including through the electrification of the West–East and North–South transport corridors, including the Baikal-Amur Mainline and the Trans-Siberian Railway, in conjunction with the development of transport infrastructure. In addition, stable energy supplies need to be provided to consumers in remote regions, particularly in Crimea, Sevastopol, the Kaliningrad Region, and the regions of the Far Eastern Federal District, and well-distributed energy generation needs to be developed, including through renewable energy sources.

Intelligent systems also need to be introduced for power supplies in order to manage electric grid facilities based on digital technologies.

“Our main goal is to ensure the country’s energy security. To this end, we not only need to maintain the power grid assets and staff qualifications at a high level, but also constantly introduce advanced and innovative solutions that will lay the foundation for the stable operation of infrastructure for decades to come. We are glad that we have an opportunity to discuss the first results and further prospects for the implementation of our digitalization strategy with professional market participants during Russian Energy Week”, Rosseti Director General Pavel Livinsky said in comments on his company’s participation in the forum.

 

For reference:

The ‘Russian Energy Week’ (REW) Energy Efficiency and Energy Development International Forum will take place in Moscow on 3–6 October 2018. The goal of the event is to discuss the current global energy agenda, identify areas for the development of the main sectors of the fuel and energy industry, and search for optimal solutions to respond to existing challenges.

The number of participants during REW 2017 exceeded 10,000. A total of 94 foreign countries attended the Moscow site of REW 2017.

 

www.rusenergyweek.com

 

    The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions, exhibitions, and public events.

     The Roscongress Foundation was founded in 2007 with the aim of facilitating the development of Russia’s economic potential and strengthening the country’s image by organizing international conventions, exhibitions, and public events. The Foundation develops substantive content for such events, providing companies and organizations with advice, information, and expert guidance, and offering comprehensive evaluation, analysis, and coverage of the Russian and global economic agendas. It offers administrative services and promotional support for business projects and helps to attract investment, including in the form of public-private partnerships.

 

     Today, its annual programme includes events held from Montevideo to Vladivostok, offering an opportunity to bring together global business leaders, experts, the media, and government officials in one place, creating favourable conditions for dialogue and the promotion of new ideas and projects, and assisting in the creation of social enterprise and charity projects.

www.roscongress.org

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