POWERING OPPORTUNITY: INTEGRATING EUROPEAN, RUSSIAN AND ASIAN ENERGY SECTORS

POWERING OPPORTUNITY: INTEGRATING EUROPEAN, RUSSIAN AND ASIAN ENERGY SECTORS

19 June, 11:45–13:00

The integration of national power systems to form more efficient cross-border solutions holds many potential economic benefits, but executing such projects is challenging and complex. What kinds of infrastructure, management, knowhow, labour and geopolitical barriers must be overcome? How might technological advances create new opportunities in integration, and what are the appropriate roles for government and the business sectors in building success?
















Broadcast

Key moments

In 20-30 years’ time, there should be a common space, in both economic and energy terms, [bringing] together Europe and Russia.
Alexander Novak
At the expert and political levels, the 21st century is the century of Asia. And, it’s particularly important that we channel those prospects that are opening up before us in this part of the world toward the development of Russia’s eastern regions.
Alexander Galushka
We need to take an entirely new approach to the architecture of our electrical power grid. As technology changes, so does the consumer.
Oleg Budargin
Integration means reliability, accessibility, greater confidence and economic advantage.
Oleg Budargin
This transformation is happening and it’s driven by the economy, the people’s mindset, and also by another major force outside of ourselves, which is technological evolution.
Francesco Starace
Trust is the key point to integration. If trust is missing, integration is very difficult.
Francesco Starace
Russia has a lot of idle capacity, whereas in China there is a strong need for capacity. So, we must create joint grid networks for our mutual benefit.
Chen Yueming