Nikolay Shulginov Chairs 61st Meeting of CIS Electric Power Council
Moscow, 12 October. – Participants in the 61st meeting of the Commonwealth of Independent States Electric Power Council (CIS EPC), which was held as part of Russian Energy Week (REW) 2022, discussed planning for the long-term development of the electric power industry.
Opening the meeting, CIS EPC President Nikolay Shulginov noted that all representatives of the CIS member states are actively involved in the organization’s activities. “You and your colleagues pay serious attention to the development of cooperation mechanisms within the Council. It is essential and beneficial to maintain such a high pace of work taking into account the rapidly changing current challenges,” Shulginov said.
Over the almost three months that have passed since the last meeting, there have been changes to the members of the Council’s working structures, which currently include more than 200 representatives, draft work plans have been prepared for 2023–2025, and criteria have been identified for evaluating the effectiveness of the Council’s activities, which, if approved by the Council, will be applied in test mode next year. The CIS Scientific and Expert Community and the Council of Young Scientists in Matters Concerning the Electric Power Industry are also in the process of being formed.
“As regards planning for the long-term development of the electric power industry, the historical advantage of CIS member states is the ability to utilize technical and market effects from the parallel operation of energy systems to strengthen overall strategic competitiveness during the transformation of global supply chains,” Shulginov said.
In his speech, Russian Deputy Minister of Energy Pavel Snikkars pointed out the new key principles of energy planning in Russia: the coordination of the development of power grids at different levels and generating capacities with a single centre of responsibility, the consideration of socioeconomic development forecasts, and the optimization of the fuel and energy balance in this context, including environmental requirements.
Armenian Deputy Minister of Territorial Administration and Infrastructure Hakob Vardanyan noted that one of his country’s priorities is to ensure that solar power plants produce up to 15% of total electricity production by 2030.
Belarusian Minister of Energy Viktor Karankevich, in comments about planning in the Belarusian energy sector, noted its cross-cutting indicator-based nature, which makes it possible to clearly monitor and control the fulfilment of indicators for the development of the energy system.
Zhenis Dyusenov, Director of the Department for the Development of the National Electric Power Network at Kazakhstan’s KEGOC, among the main factors influencing planning in the country’s electric power industry, pointed out the rapid development of renewable energy generation, the tightening of environmental requirements for the electric power industry, the growth of new energy-intensive sectors of the economy, the development of cross-border markets for electricity and capacity, and the introduction of smart digital systems.
For more about the REW 2022 business programme, please visit the official website: rusenergyweek.com.
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Alexander Novak, Minister
of Energy of the Russian Federation, co-chaired the 9th meeting of the OPEC/Non-OPEC
Joint Ministerial Monitoring Committee.
The participants
reviewed the situation on the oil market and discussed possible further steps under
the agreement. The discussion touched upon the issue of allowed production
growth, as well as proposed regulating principles for OPEC/non-OPEC countries
cooperation after 2018.
The Head of the
Ministry of Energy outlined the main indicators of the Vienna Agreement
implementation success. According to the Minister, the Agreement execution by
OPEC and non-OPEC countries reached 147% in May. Since early 2017, OPEC+
members have managed to reduce the surplus of oil reserves by 380 million
barrels. “The market sees the success of our joint efforts to reduce the volume
of stocks and reacts positively,” emphasized the Minister.
According to
Alexander Novak, today we see the signs of a steady market balance, but it is
very important not to allow ‘overheating’ of potential petroleum shortage. “The
declaration we adopted in 2016 implies flexibility and aims to stabilize the
market. This means possible actions both in case of surplus and deficit,” the
Head of the Energy Ministry noted.
Following the
meeting of the extended monitoring committee, most of its participants received
recommendations to consider at an upcoming ministerial meeting of OPEC and the
subsequent ministerial meeting with the participation of non-OPEC
petroleum-exporting countries an increase of production of 1 million barrels
per day (from the current level), distributing this amount among the parties to
the agreement.
Source: minenergo.gov.ru
