Translation. Region: Russian Federation –
Source: Government of the Russian Federation – Government of the Russian Federation –
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Russian President Vladimir Putin's speech at the plenary session of the Russian Energy Week 2025 forum. Photo courtesy of the Russian Presidential Press Service.
Plenary session of the Russian Energy Week 2025 forum. Photo courtesy of the Russian Presidential Press Service.
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Russian President Vladimir Putin's speech at the plenary session of the Russian Energy Week 2025 forum. Photo courtesy of the Russian Presidential Press Service.
The plenary session of the Russian Energy Week 2025 forum, titled "Creating the Energy of the Future Together," became the key event of the program, defining strategic guidelines for the development of the Russian fuel and energy sector through 2050. The industry, which has maintained its leading position despite sanctions pressure, is demonstrating resilience, the ability to mobilize technologically, and is shaping a new investment cycle, relying on domestic resources and international partnerships.
Russian President Vladimir Putin outlined the key guidelines for the development of global and domestic energy. The main trend is the reconfiguration of global energy connections towards the countries of the global South against the backdrop of the breakdown of the previous architecture. Russia retains its status as one of the leading oil producers: by the end of the year, production of about 510 million tons is expected under the OPEC+ agreement. Gas exports are diversifying through new directions, including LNG, with an increase in domestic consumption and active gasification – about 100 thousand km of networks have been built – the gasification level has reached 74.7%. In the electric power industry (270 GW of installed capacity), the priorities are eliminating deficits, developing networks and launching new stations without increasing the tariff burden on consumers. The Russian energy balance remains green: 87% of generation comes from sources with a minimal carbon footprint. Rosatom is strengthening its leadership by implementing plans to commission over 29 GW of nuclear power generation, including small nuclear power plants. The growth in demand from the digital economy (data center, AI) is expected to be ensured by local generation. Particular attention is paid to technological sovereignty – import substitution in oil and gas equipment and the formation of cooperation with partners in BRICS and the global South. The coal market, despite its cyclical nature, will retain a significant role for decades to come, especially with the growth of business activity in the Asia-Pacific region. Now the industry is experiencing a decline in prices, so the state is supporting companies and teams, including loan restructuring. At the same time, coal miners need to increase efficiency and competitiveness. The goal is to create a fair, predictable and sustainable energy order in which Russia strengthens its position as a global leader. “It is especially important to effectively manage the production and reserves of resources, ensure the technological and environmental development of the industry in order to supply the domestic market, achieve national development goals, and also fulfill external agreements. We have always done this, we are doing this and, of course, we will do this – this is one of our absolute priorities,” the President said.
The main topic of discussion was an explanation of the points of the 2050 Energy Strategy, including directions for modernization and digitalization of the industry, as well as strengthening the country's technological sovereignty.
Deputy Prime Minister Alexander Novak noted that the Energy Strategy 2050 sets out key tasks: ensuring energy security, developing the domestic market, improving the quality of petroleum products, gasifying regions and creating balanced fuel and energy balances. The second priority is the preservation and increase of export potential, which today amounts to about 17% of the entire resource base, including supplies of coal and liquefied natural gas. “The main technological goal is the transition from import substitution to leadership: by 2028, Russia should achieve 90% technological independence and reach a level of competitiveness in key segments. By 2035, it is planned to completely digitalize the energy sector, introduce artificial intelligence and digital twins, and the energy efficiency of the industry should increase by 40% by 2050,” said Alexander Novak. General Director of Rosatom State Corporation Alexey Likhachev emphasized that the Russian nuclear industry has unique full-cycle competencies – from development to operation of facilities, and nuclear energy is becoming the “supporting structure” of the global energy balance. More than 110 power units of Russian design have already been implemented, including abroad, and small nuclear power plants will become part of the energy system of Siberia and the Far East. General Director of Gazprom Neft PJSC Alexander Dyukov noted that global demand for oil is growing due to the countries of the global South, petrochemicals and aviation, and Russia has all the resources to increase production while simultaneously developing its own developments. Within the industry, 77 priority technologies have already been developed jointly with the Ministry of Energy.
Minister of Economic Development Maxim Reshetnikov outlined the need to transition to a project economy: “With rising rates and limited external sources of capital, it is important to ensure the continuity of program implementation, improve regulatory mechanisms and distribute the tariff burden between producers and consumers,” explained the Minister of Economic Development. Moscow Mayor Sergei Sobyanin noted that the metropolis has already gone from an energy-intensive model to an efficient one: 90% of the capital’s transport runs on electric power, and the digital economy has become one of the largest consumers of energy. Moscow is implementing a unified city energy management system that combines data from producers to consumers. General Director of Rosseti Andrey Ryumin, in turn, emphasized: “The growth in electricity consumption is associated with the development of AI and data centers – only in the Rosseti system their connected capacity exceeded 1 GW. Electric transport infrastructure is actively developing – more than 120 charging stations have already been introduced, and the growth rate will only increase.” Special Representative of the President of Russia on investment and economic cooperation with foreign countries, Kirill Dmitriev spoke about the fact that the global energy sector remains underinvested: with global investments of $3.3 trillion, investors are looking for predictability and reliability, and Russia meets these criteria, and therefore opens up investment potential. Examples of successful projects include “Power Siberia – 2″ and partnership programs with the Middle East on joint technological solutions. According to the participants, the key task for the coming years is sustainable energy development, reliable supply of the domestic market and strengthening competitiveness on global platforms.
The transition from technology buyer to technology leader, the creation of a digital energy environment, the development of local generation to supply the digital economy, and the export of Russian technological solutions—these areas will form the foundation of the new cycle's energy policy. The REW-2025 plenary session confirmed that infrastructure reliability, technological independence, and the ability to develop ahead of schedule are becoming decisive factors for growth.
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