Russian Energy Week

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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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 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 «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-/