Dear Readers,
Welcome to the inaugural issue of PowerTec Russia. Having worked in the Oil & Gas sector producing 20 issues of ROGTEC Magazine, Russia´s leading O&G magazine, we have now moved in to the exciting Power Generation sector. Russia’s Power sector is at a key stage. Following recent market deregulation, infrastructure modernization is essential to create a more energy efficient market. Any shortage of electricity could hinder Russia’s accelerated economic growth and with Russia’s electricity consumption back to pre-crisis levels, Prime Minister Vladimir Putin has warned the grid companies to be prepared to meet the country’s rising electricity demand and avoid “bottlenecks” in economic growth. He also pointed out that from now on access to the market would be available only to the energy companies that were meeting their commitments regarding the construction of new generating units, investing in the construction of new facilities, and in updating and ensuring security.
On the nuclear front, the national government has allocated 53 billion roubles (over 1.7 billion dollars) for building of new plants. This sector is likely to see prolonged growth; the joint venture between Siemens AG and Rosatom will focus on the construction of new nuclear power plants as well as modernization and upgrades of existing plants. It may also take up business opportunities along the entire nuclear conversion chain from fuel fabrication to decommissioning of nuclear power plants.
Looking forward to the power generation industry events calendar, this issue will be launched at Russia Power in Moscow on March 24th, and will also be circulated at PowerGen Europe in Amsterdam in June. We look forward to meeting you all there; as we have learned with ROGTEC Magazine it is important to listen to customers and readers alike to ensure we produce the best technology focused publication for this important market.
Thank you;
