Russian Energy Week

Russian Energy Week The ‘Russian Energy Week’ Energy Efficiency and Energy Development International Forum is held in Moscow and St. Petersburg.

Conclusions of the session «Bringing the Woman’s Dimension to the Fuel and Energy Sector»:“The whole topic of ESG and th...
27/10/2021

Conclusions of the session «Bringing the Woman’s Dimension to the Fuel and Energy Sector»:

“The whole topic of ESG and the whole agenda in general is one which is characteristically female, broadly speaking, because the whole goal of sustainability is to care for future generations. Ultimately that’s more of a female attribute. Our efforts to achieve gender equality aside, we all recognize that each s*x has innate qualities. In that respect, caring for future generations clearly fits in more with women’s roles,” Natalia Nevmerzhitskaya, Chair of the Board of the Association of Guaranteed Suppliers and Energy Service Companies.

“The energy industry is the driver of the Russian economy. It’s also a very socially responsible sector. I’m not just talking about the benefits that energy companies give their employees. I’m talking about the environments and cultures within these companies that emphasize the development of human capital and human resource development, as well as respect for individuals. […] It goes without saying that Russia is a socially-oriented state, and by definition the energy industry puts people first. The energy industry plays a critically important role in ensuring the continuity of supply and energy security. It forms the basis of social wellbeing,” Anastasiya Bondarenko, State Secretary and Deputy Minister of Energy of the Russian Federation.

“In 2021, women held 24% of board seats on average worldwide. In Europe, 32% of board members were women, compared to 28.6% in South America,” Tamara Merebashvili, Deputy General Director, Head of the Corporate and Property Relations Unit and Corporate Secretary of PJSC Inter RAO; Chairman of the Board at the Digital Energy Association.

“I think that there’s nothing stopping men or women becoming professional leaders. There are probably fewer women in those positions because that’s women’s choice. I’ve never witnessed men limiting women’s career progression in any way. There are less women in those positions, but that’s women’s choice. I’ve never been challenged by a man, only women,” Maria Tikhonova, Deputy General Director for Regulatory Relations at Rosseti.

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Conclusions of the session «A System of Mutual Recognition for the Certification and Exchange of Carbon Credits in Russi...
26/10/2021

Conclusions of the session «A System of Mutual Recognition for the Certification and Exchange of Carbon Credits in Russia»:

“One topic today is that of a national certification system. We support this, but it must be in line with international practices, and we must all endeavour to gain international recognition. If Russian certificates are recognized in the international certification system, everyone stands to win. We need to replace double reporting with another system, add some specific things, and open it up in order to compete on these markets,” Mikhail Khardikov, Head of Energy Business, En+ Group; General Director, Eurosibenergo.

“Hydrogen is a segment where we still have chances to make an early start, and instead of playing catch-up, work to become leaders in the field. [Companies – ed.] have come together and joined forces to develop an integrated strategic document for the country. It is called the Comprehensive Programme for the Development of Low-Carbon Hydrogen Power, and we are playing a key coordinating role in it. And the objective of this document, aside from everything else, is to set out specific goals and determine the technological resources which we could lead the way in, or at least localize right now, so as to not import foreign technology,” Denis Deryushkin, Deputy General Director – Head of Analytical Center, Russian Energy Agency of the Ministry of Energy of the Russian Federation.

“Today, we are again faced with the task of getting all participants working together to [build – ed.] a hydrogen unit market, and to do so at the start, on a voluntary basis. According to our information, around 10 companies have confirmed their willingness to join us for the testing stage,” Alexey Khersontsev, State Secretary – Deputy Minister of Economic Development of the Russian Federation.

“The best from the proactive system should be transferred to a system which protects in general, and protects buyers of this [green – ed.] certificate. This is so as to avoid duplication on the part of the producer, and to confirm that you were indeed the producer of electric power, and that it is a low‑carbon variant,” Andrey Maximov, Head of the Department of Electric Power Development, Ministry of Energy of the Russian Federation.

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Conclusions of the session «Prospects for Developing the Professional Qualification System for the Energy Industry»:“The...
24/10/2021

Conclusions of the session «Prospects for Developing the Professional Qualification System for the Energy Industry»:

“The Group has been working on the independent assessment of qualifications since 2017. The National Qualifications System (NQS) helps employers find the right people for the job. We try to make the most of these opportunities and are planning to develop this area even further,” Julia Kuznetsova, Acting Deputy Director General for Human Resources, Rosseti.

“There are several participants in the National Professional Qualifications System – employees, employers, industry and the state. We believe that the system is built in a very balanced way. Looking at it in terms of risk management, you understand that participation at every level is beneficial for everyone involved. After all, participation in the National Professional Qualifications System allows us to get an idea of the best techniques and work practices in areas where professional standards are approved,” Yury Pikhtovnikov, Head of the Department of Organizational Development and Career Management, PJSC LUKOIL.

“I’d like to say a few words about synergy. We’ve developed a huge number of initiatives with various companies, including Rosseti and others, that we are implementing together. It’s great that we ar

“Business sectors are implementing elements of the professional qualifications system at different rates, and interest in NPQs is generally mixed. It is clear that the main stakeholders here are companies with state participation. They are obliged to ensure that professional standards are implemented and followed. On the other hand, we have the coal industry, which is made up primarily of privately owned companies. There’s no industry-based professional qualifications council. It’s a bumpy road, as companies are not exactly clamouring for such a system. So the prospects are somewhat blurred,” Anastasiya Bondarenko, State Secretary, Deputy Minister of Energy of the Russian Federation.

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Conclusions of the session «Defence Industry and the Fuel and Energy Sector Inter-Enterprise Collaboration for Import Su...
23/10/2021

Conclusions of the session «Defence Industry and the Fuel and Energy Sector Inter-Enterprise Collaboration for Import Substitution and Technological Development»:

“The unique expertise which has been successfully maintained in the Russian defence industry is often underestimated. The potential and opportunities that exist are yet to be uncovered. Today we are talking about the nation’s technological security, because the oil and gas sector is under marked geopolitical pressure, which in turn is having an impact on the growth of the industry and the development of the mineral resource base. And symbiosis of the fuel and energy sector and the defence industry is what holds the key to raising efficiency,” Oleg Zhdaneev, Deputy General Director – Head of Import Substitution at the Oil and Energy Complex Competence Center, Russian Energy Agency of the Ministry of Energy of the Russian Federation.

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Conclusions of the session «The Energy Transition in the Housing and Utilities Sector and State Support for Programmes t...
22/10/2021

Conclusions of the session «The Energy Transition in the Housing and Utilities Sector and State Support for Programmes to Renew Municipal Infrastructure»:

“We are seeing increased public interest in environmental issues, as well as tightening international legislation on the consumption of hydrocarbon resources. This is a challenging scenario, but it also presents an opportunity to improve the quality and reliability of services and increase economic efficiency. Achieving high levels of energy efficiency is therefore a strategic objective of national importance. The housing and utilities sector is no exception here. In fact, it is one of the industries that deserves the greatest scrutiny… Efforts to increase energy and environmental efficiency are being incorporated into national projects and government programmes," Alexander Lomakin, First Deputy Minister of Construction, Housing and Utilities of the Russian Federation.

“Something must be done in order to stem the tide of greenhouse gas emissions and absorption rates… If the housing and utilities sector isn’t transformed in the coming decades, it will become a serious obstacle to reducing the carbon intensity of the Russian economy,” Petr Bobylev, Deputy Minister of Energy of the Russian Federation.

“The key challenge for larger residential units today is so-called beneficiaries. The benefits do not cover energy providers, which must either collect the funds from tenants or suffer losses. The alternative is the benefits recipient paying more than they were paying when the energy service equipment was installed,” Irina Bulgakova, Head of the Housing and Utilities Commission of the Public Council of the Ministry of Construction, Housing and Utilities of the Russian Federation.

“Mass-scale renovations, which began in 2005–2006, have of course altered the picture. Here [during the discussion], however, I have heard people talk about energy efficient and inefficient major renovation works. Any major renovation is effective as it changes the situation,” Evgeny Gasho, Head of the Research Laboratory for Methodological Problems of Energy Saving, Moscow Power Engineering Institute.

Source: https://rusenergyweek.com/en/news/energeticheskij-perehod-v-zhilischno-kommunalnoj-sfere-i-gospodderzhka-programm-obnovlenija-kommunalnoj-infrastruktury-/

Conclusions of the session «The Fuel Revolution in the Transport Sector: A Focus on the Environment»:“The transport indu...
21/10/2021

Conclusions of the session «The Fuel Revolution in the Transport Sector: A Focus on the Environment»:

“The transport industry is one of the main emitters of greenhouse gases. Indeed, it accounts for 15% of the 51 billion tonnes of carbon dioxide emitted [globally – ed.]. This is spurring society to find environmentally acceptable solutions with regard to their mobility. The main revolution which is taking place before our eyes is the emergence of forms of transport which are not even new to us, but which do run on new forms of fuel, and new engines,” Denis Deryushkin, Deputy General Director – Head of Analytical Center, Russian Energy Agency of the Ministry of Energy of the Russian Federation.

“We are seeing fluctuations [in oil production volumes – ed.]; however, by 2025, there will of course be growth. And the transport industry will of course require changes accordingly,” Ayed Al-Qahtani, Director, Research Division, Organization of the Petroleum Exporting Countries (OPEC).

“Infrastructure does not just encompass petrol stations, but parking areas and many other things that specialists should consider,” Anton Rubtsov, Director of Oil Refining and Gas Complex Department, Ministry of Energy of the Russian Federation.

“At a working level, if we speak about the municipalities and specific leasing companies – not much is being done. Local authorities do not have any programmes in place to allocate land for electric charging stations. Currently about 10% of our network consists of locations we acquired via Russia’s state services portal. We have been forced to look at the remaining stations from a commercial point of view... We are treated as a commercial client, but we are only able to pay a nominal amount of a few thousand roubles. As a result, we are left with no option other than to refuse. The most glaring example of this was in Kamchatka, where we were offered [to rent – ed.] land for a station for RUB 50,000 per month,” Dmitriy Belyaev, General Director, Hydroinvest; Director of Strategic Transactions Department, RusHydro.

Source: https://rusenergyweek.com/en/news/toplivnaja-revoljutsija-v-transportnoj-otrasli-fokus-na-ekologiju-/

The heads of the Russian Ministry of Energy, Federal Agency for Youth Affairs, presidential platform ‘Russia – the Count...
20/10/2021

The heads of the Russian Ministry of Energy, Federal Agency for Youth Affairs, presidential platform ‘Russia – the Country of Opportunities’, and 33 companies from the fuel and energy industry got together for Youth Day at the Russian Energy Week International Forum. They discussed cooperation within the framework of the fuel and energy industry’s youth policy in 2022.

During the roundtable ‘Fuel and Energy Industry for Young People’, major employers in the fuel and energy industry presented plans for the implementation of youth policy and projects in 2022 and also came up with formats for support, coordination, and cooperation in 2022 jointly with representatives of the leadership of the Russian Ministry of Energy, the Russian Ministry of Education and Science, the Federal Agency for Youth Affairs, and ‘Russia – the Country of Opportunities’.

The meeting was attended by 33 companies from the fuel and energy and mineral resources industries: System Operator of the Unified Energy System (SO UES), RusHydro, SIBUR Holding, Rosseti, NIPIGAZ, Tatneft, ROSATOM State Corporation, T Plus, Quadra, Gazprom, Gazprom VNIIGAZ, Mosenergo, Gazprom Energoholding, and LUKOIL, among others.

Opening the meeting, Russian State Secretary and Deputy Minister of Energy Anastasia Bondarenko noted that numerous corporate projects have become the hallmark of the youth policy in the fuel and energy industry and have created opportunities for young people to prove themselves in the profession. “The face of any company is its specialists, and particularly young people who will undoubtedly set the agenda for tomorrow. The largest employers pursue their own policy of forming a talent pool, but we urge them to [ensure] general integration and [engage in] closer interaction with the authorities. Work with young people at the state level should be synchronized with the activities of companies. This will enable us to train promising human resources who will contribute to the achievement of the goals that have been set,” Bondarenko said.

Russian Energy Week concluded with the Skolkovo Energy Game friendly basketball match.The ‘Energy Workers’ team beat the...
20/10/2021

Russian Energy Week concluded with the Skolkovo Energy Game friendly basketball match.

The ‘Energy Workers’ team beat the ‘Innovators’ team with a score of 72:60. The winners included 2007 European basketball champion Alexei Savrasenko and Gazprom Neft Deputy CEO and Olympic fencing champion Pavel Kolobkov. Russian Federal Forest Agency Director Ivan Sovetnikov played for the ‘Innovators’ team, which was coached by world and European championships winner Igor Kudelin.

“Several prominent businessmen, politicians, and athletes played in the match. There was a feisty, but friendly atmosphere on the court. I believe that there should be more such meetings,” Savrasenko said. “The format of this meeting resembled an all-star match. I would like to point out that the skills of the players and the level of the game was quite solid,” Kudelin said.

Russian national freestyle wrestling team head coach Dzambolat Tedeyev and Olympic freestyle wrestling champion Khadzhimurad Magomedov took part in the awards ceremony. The match was organized by the Skolkovo basketball club with the support of the Roscongress Sport Club.

Conclusions of the session «The Future of Traditional Energy: Is the World Ready to Eschew Hydrocarbons?»:“A more ration...
20/10/2021

Conclusions of the session «The Future of Traditional Energy: Is the World Ready to Eschew Hydrocarbons?»:

“A more rational and reasonable approach to energy security is needed. Nobody has cancelled the sustainable development goals. People are not only expecting improvements in terms of the climate and environment, they also expect their homes to be heated, and to have light. In order to achieve this, politicians need to work with professionals. The goals should not be empty hype, but calculated and balanced. We are following just such a balanced approach to policy in the Russian Federation,” Alexander Novak, Deputy Prime Minister of the Russian Federation.

“We never liked this confusion, this mixing of politics and energy, which paves the way to the kind of crisis we are seeing today with gas. We must appreciate that politics and energy should be kept separate. For example, closing nuclear power plants and claiming that nuclear power is not sustainable and should not be allowed to develop is the incorrect approach. I think we have drawn the key lessons from history. There needs to be equitable treatment between East and West, otherwise we stand to lose. We must consider nuclear power to be a sustainable form of energy,” Peter Szijjarto, Minister of Foreign Affairs and Trade of Hungary.

“Many countries have set themselves specific emission reduction targets and have drafted road maps. There is undoubtedly much hype and many conversations surrounding these, which are being heavily publicized in the media. What the world wants and what the world expects from the UN Climate Change Conference in Glasgow is a specific agreement which will enable developed and developing nations to reach a consensus allowing all of us to achieve the goals of the Paris Agreement – to keep the rise in the average global temperature to below 2 degrees Celsius. To reiterate, we – OPEC – fully support the Paris Agreement, and all our nations and members signed up to it,” H.E. Mohammad Sanusi Barkindo, Secretary General, Organization of the Petroleum Exporting Countries (OPEC).

“It is not about making a choice between energy security and the environment – the two issues are not mutually exclusive. We must also not forget about the issue of energy poverty. There are billions of people suffering from so-called energy poverty, who do not have rudimentary access to energy resources. With this in mind, the energy system must be affordable, effective, and of course, clean. This is essential for these nations, for this world, and for the billions of people to come after us,” H.R.H. Prince Abdulaziz bin Salman Al Saud, Minister of Energy of the Kingdom of Saudi Arabia.

“We must approach this issue in a rational way and use all forms of resources at our disposal. Gas is the most environmentally friendly option when compared to other hydrocarbons, and it must play a leading role. Today, we can see a range of greatly varying forecasts regarding gas. But at the end of the day, if consumers are asked what is more important – energy security or environmental safety, they will of course opt for the former, with the environment suffering as a result,” Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan.

Source: https://rusenergyweek.com/en/news/buduschee-traditsionnoj-energetiki-gotov-li-mir-otkazatsja-ot-uglevodorodov-/

Conclusions of the session ‘The Russian Fuel and Energy Sector in a Time of Transition’: “The engineering and technical ...
19/10/2021

Conclusions of the session ‘The Russian Fuel and Energy Sector in a Time of Transition’:

“The engineering and technical sector is growing. The energy mix will evolve. New energy sources will appear, and there will be new breakthroughs in technology,” Pavel Sorokin, Deputy Minister of Energy of the Russian Federation.

“Solar power and wind power do not represent the end of how we think about technological development. They will be part of the energy mix, but I think that we will see new technology appearing in the near future which will offer additional sources of energy,” Sergey Kudryashov, Director General, Zarubezhneft.

“In order for new technology to be developed, implemented, and made more powerful, a balance needs to be struck, particularly in this period of transition. It appears that everything currently happening in the EU is not so much a crisis – so to speak – of alternative energy sources. Rather, it is about certain difficulties, and even, if I may say, mistakes that were made at the stage of planning for the energy transition,” Tatiana Zavyalova, Senior Vice President for ESG (Environmental, Social, and Corporate Governance), Sberbank.

“I know that Russia has substantial potential to develop its hydrogen industry. By 2030, 20% of it could be produced in Russia, and supplied to global and Asian markets. There is a large resource base. We can expect development in this area, and Russia’s growth will have a significant impact on the industry across the globe,” Tore Morten Loeseth, Senior Vice President for International Exploration and Production, Country Manager for Russia, Equinor.

Source: https://rusenergyweek.com/en/news/rossijskij-tek-v-uslovijah-energeticheskogo-perehoda-/

Conclusions of the session ‘Dialogue among International Energy Organizations: Outlook for Energy and Global Markets’: “...
19/10/2021

Conclusions of the session ‘Dialogue among International Energy Organizations: Outlook for Energy and Global Markets’:

“The energy transition is definitely gaining momentum. And this is happening all over the world. We can see that the climate change agenda, the development of new technologies and their accelerated introduction, the more active use of renewable energy sources, and the emergence of new energy carriers are becoming increasingly relevant everywhere. These are all trends that are shaping the current energy agenda. Despite the pandemic, 2020 has set a number of defining trends for the future. On the one hand, we can see that electricity generation from renewable energy sources is being used more actively. It has reached record levels. We can also see that the political agenda is now gaining momentum. To date, some 50 countries, including EU nations, have declared their goal of achieving zero emissions in the foreseeable future,” Association of European Businesses (AEB) CEO Tadzio Schilling said.

“The world is in need of energy and energy resources for the foreseeable future. We are seeing a recovery from coronavirus, which has already begun in 2021. We’ve already reached the bottom and now there’s nowhere to go but up. The trajectory has been set and we are definitely ascending. In our forecast to 2025, we state that the global economy will double. So it’s quite obvious that if we already have such demand for energy, clearly by 2025, if the global economy doubles, it would be logical to assume that demand for energy will continue to grow accordingly since the world needs more energy. Energy is now practically equivalent to development,” Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammed Sanusi Barkindo.

“Natural gas has very good prospects. Despite what’s going on with prices now, we believe that this resource is accessible both in terms of volumes and price […] We view natural gas as an affordable, flexible fuel that is loyal to the natural environment […] By 2005, natural gas consumption will be about 5.6 trillion cubic metres, a 46% increase compared with today’s consumption volume. So, natural gas consumption will grow, and accordingly, its production will increase [...] We believe renewable energy sources will somewhat outperform natural gas. In the aggregate, though, the synergy of renewable energy sources and natural gas will cover 90% of primary energy consumption and primary energy demand,” Gas Exporting Countries Forum (GECF) Secretary General Yury Sentyurin said.

“There are encouraging signs that energy is becoming more sustainable. The provision of access to electricity in poorer countries is accelerating. However, greater attention needs to be paid to expanding access to clean and safe fuels […] There is also a huge inequality in the supply of energy between different countries. The gap in per capita consumption of energy resources is as much as 100 times for electricity. For 80% of the world’s population, energy consumption per person is still below the level at which a further increase in energy consumption does not lead to a noticeable increase in the human development index,” said Alexey Kulapin, General Director of the Russian Energy Agency of the Russian Ministry of Energy.


Source: https://rusenergyweek.com/en/news/dialog-mezhdunarodnyh-energeticheskih-organizatsij-prognozy-ra-zvitija-energetiki-i-globalnyh-rynkov/

Conclusions of the session «The Future of Coal in a World Shaped by the Climate Agenda: The End, or a New Beginning?»:“T...
19/10/2021

Conclusions of the session «The Future of Coal in a World Shaped by the Climate Agenda: The End, or a New Beginning?»:

“Take Sakhalin – our country is vast – where, for example, the only major coal company [The East mining Company – ed.] produces brown coal which is almost all exported. It all gets bought up by Japan. And what isn’t sold there gets sold in China. And nobody is about to give up on that,” Anatoly Yanovsky, Assistant to the Chief of Staff of the Presidential Executive Office of the Russian Federation.

“Coal makes us look at the current chain of events and realize that it will remain part of the energy mix. In some segments it will be more, in some less, but on the whole, coal is here to stay,” Michelle Manook, Chief Executive Officer, World Coal Association (WCA).

“The current situation across the globe, be it China, India, Europe, or the UK, indicates that in principle, coal is not losing its standing on the market. It is important to appreciate that in Asia especially, there are power stations that still operate on coal. Naturally, for generation as well, there will continue to be a place for coal at the global level,” Matthew Boyle, Manager, Global Coal and Asia Power Analytics, S&P Global Platts.

“Over the short term, i.e., from 2024 to 2035, we do not see Russia not having coal in its energy mix. Currently, it is not a particularly large share – around 12.5–13.5%, but will remain nevertheless. looking ahead to 2050, we see coal generation accounting for around 4.5% of the energy mix. That is if there are no major changes in terms of modernization, moving to supercritical CO2 or carbon capture, or power station overhauls,” Pavel Snikkars, Deputy Minister of Energy of the Russian Federation.

“The global coal industry has a big future. We must stop talking about whether coal will continue to exist or not – it will continue to exist. Instead, we must consider how coal should address today’s challenges in each country,” Sergey Tsivilev, Governor of Kemerovo Region-Kuzbass.

Source: https://rusenergyweek.com/en/news/buduschee-ugolnoj-energetiki-v-epohu-borby-za-klimat-konets-ili-novoe-nachalo-/

Conclusions of the session ‘A Hydrogen-Driven Future for Russia and the World: Dialogue with Business’:“There is no way ...
18/10/2021

Conclusions of the session ‘A Hydrogen-Driven Future for Russia and the World: Dialogue with Business’:

“There is no way back. We can discuss it as much as we like, but the fact is, hydrogen is a new form of fuel throughout the world. And we need to treat it not as a threat, but as an opportunity – simply by virtue of the fact that the country boasts a number of unparalleled competitive advantages. We know that all our neighbouring markets in the nations of Asia and Europe are building their hydrogen strategy on import dependence – they will not have enough of their own hydrogen. And this represents an opportunity to gain a foothold in these markets,” Alisher Kalanov, Head of Investment Division, RUSNANO.

“We have an excellent foundation for moving in this direction. We can see that the technology exists to varying degrees, and it is absolutely realistic over the next 10 years to move into large‑scale production, and to do so in a way that is acceptable from an economic point of view,” Yury Gavrilov, Strategy and M&A Director, METALLOINVEST.

“There is no longer any doubt about it – hydrogen power is gaining ground. A few years back, only three countries had hydrogen strategies in place – France, Japan, and South Korea. Today, there are almost 20 such strategies, and it’s all very well to say that action has been limited to these strategies, but the reality is that investment projects worth USD 200 billion are already under way, and there are plans for future projects worth USD 500 billion. This is an enormous market, a major trend, and Russia should undoubtedly play a leading role,” Anton Moskvin, Vice President for Marketing and Business Development, Rusatom Overseas.

“Today, the production cost of blue hydrogen – low-carbon hydrogen from fossil energy sources – is somewhere around USD 1.5 per tonne. Green hydrogen, on the other hand, costs around USD 5–6. These are technologies from different eras. And the technology enabling us to make blue hydrogen now enables us to quickly and relatively cheaply create demand, and to build up the very markets and foundation needed to create demand for green hydrogen in the future,” Vladimir Rogov, Managing Director, Partner, BCG.

Source: bit.ly/3aPgnKM

The Green Energy in the Arctic Conference was held in Moscow under the aegis of Russian Energy Week 2021 and the 2021–20...
18/10/2021

The Green Energy in the Arctic Conference was held in Moscow under the aegis of Russian Energy Week 2021 and the 2021–2023 Russian Chairmanship of the Arctic Council. The event was organized by the Ministry for the Development of the Russian Far East and Arctic.

Experts at the Green Energy in the Arctic session discussed the prospects of Russia achieving the target of carbon neutrality by 2060 announced by Russian President Vladimir Putin. The challenges and threats the Arctic faces as a result of the technology transition were also considered.

“We must acknowledge the growing role of the Russian Arctic in the global and national economy. The region is firmly embedded in global supply changes, and as we move to a climate-neutral economy we will see increased demand for resources that are abundant in the Arctic. There is a great deal of work that Russia can do alongside its partners in the Arctic Council to integrate the technologies and approaches that we already possess, in particular the Snowflake International Arctic Station, which is being implemented in Yamalo-Nenets Autonomous District and Murmansk Region and will run on renewable energy,” said Ambassador-at-Large of the Ministry of Foreign Affairs of the Russian Federation and Chairman of the Committee of Senior Arctic Officials Nikolay Korchunov.

It was noted that the development of the Arctic regions should be implemented using advanced and innovative technologies, including the expanded adoption of renewable energy sources and hybrid energy projects in the interests of improving living standards for local communities.

Source: bit.ly/3BNHYI1

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