MILES AXLE Translation. Region: Russian Federation –
Source: Bank “RUSSIA” Russia Bank – 09.10.2024
Bank “ROSSIYA” acted as a partner of the X All-Russian Conference “Priorities of Market Electric Power Industry in Russia”
Bank “ROSSIYA” took part in and became a partner of the jubilee 10th All-Russian conference “Priorities of the market electric power industry in Russia: (un)limited possibilities”, which was held on October 2-4 in Sochi.
At the initiative of Bank “ROSSIYA”, a business breakfast was held as part of the conference, dedicated to the problems of developing digital services and financial infrastructure for “green” electric power industry.
It was attended by the Chairman of the Board of the Association “NP Market Council” M.S. Bystrov and the Director of the Department of Competition, Energy Efficiency and Ecology of the Ministry of Economic Development of Russia I.A. Petrunina. The Bank was represented at the event by Deputy Chairman of the Board A.V. Shalenkov, Senior Vice President E.V. Svitova, Vice President – Head of the Department for Work with Electric Power Enterprises R.I. Tugushev and other managers.
A.V. Shalenkov addressed the event participants with a welcoming speech. In his speech, he noted the importance of supporting initiatives aimed at preserving the climate: “In our country, as in the rest of the world, there is a growing demand for financial instruments that ensure the “greening” of business and confirm its commitment to ESG principles. Bank “ROSSIYA” has experience working with projects related to “green” energy – they are valuable to us not only because of their economic efficiency, but also in terms of the climate goals that our country and society face. We have the necessary infrastructure to implement new services in this area and are confident that our numerous clients will respond to such initiatives.”
The prospects of new instruments were outlined by M.S. Bystrov: “The interests of the state in the sphere of “green” electric power coincide with the goals of business and ordinary consumers. The “green” agenda remains among the priorities of petrochemical, metallurgical and other industrial companies. Ordinary people, mainly young people, also want to make their consumption more responsible and environmentally friendly. The certification system allows both to move in this direction, opening up new “green” opportunities.”
I.A. Petrunina in her speech emphasized the importance of the climate agenda in the country’s economic development: “The Ministry of Economic Development is working in two key areas – low-carbon regulation and energy efficiency. Over the past two years, noticeable shifts have been observed in this area, the necessary regulatory and legal architecture of public administration is being created. We are also creating infrastructure for the implementation of climate projects by businesses. Carbon units, like “green” certificates, are already actively used by market participants.”
Member of the Board of the Association “NP Market Council”, General Director of the Center for Energy Certification LLC O.G. Barkin told the participants about the development of the “green” certification system in Russia. With the help of certificates, consumers can confirm the use of energy obtained from clean sources. Given the growing awareness of society and the overall growth in demand for products with a low carbon footprint, energy certification can also be considered a promising area.
The Director of Energy and Resource Provision of PJSC SIBUR V.V. Tupikin, the Director of Work with Natural Monopolies of JSC RUSAL Management M.G. Balashov, the Managing Director of JSC Energosbyt Plus Yu.B. Chernyavskaya and other participants of the event also presented their vision of the problems of “green” electric power industry.
The Bank’s retail employees took an active part in the conference. Participants and guests were given consultations on mortgages in the primary market, refinancing, consumer lending, and applications for credit cards were accepted. Agreements were also reached on holding retail events on the premises of enterprises in the electric power sector.
For ten years, Bank “ROSSIYA” has been an authorized credit organization of the Wholesale Electricity and Capacity Market (WECM). During this time, the Bank managed to create an effective technological structure for settlements between enterprises in the electric power industry.
Participation in the conference contributed to the development of mutually beneficial cooperation and strengthening the image of Bank “ROSSIYA” among players in the electric power market.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.