INTERNATIONAL ACTIVITIES

 

The strategic goals of international cooperation pursued by OAO RAO "UES of Russia" are as follows:

the Company's participation, on a parity basis, in the principal political, economic and social entities, international cooperation institutions and agencies (primarily those located in Eurasia);
participation in advancing the general political, economic and social objectives of development relating to energy strategy at the global, regional, national and corporate levels, jointly with other energy majors (including those in the CIS countries and the Baltics, countries of the Northern, Central, Southern and Western Europe, Asia and other regions of the world);
shaping the Company's foreign policy taking into account the economic and technological priorities of RAO "UES of Russia" development and the need to protect its interests at the national, sectoral, and corporate levels.

Strategic goals of international cooperation:

attracting foreign investments in the development and modernization of Russia's electricity industry;
cooperation in the area of technical innovations, creation of new technologies, adoption of technologies from abroad, and addressing environmental issues in the energy sector;
development of trade in electricity and power equipment;
synchronization of the energy systems of Russia, the CIS, and the Baltic republics with the Northern and Western European energy pools;
establishment and development of a competitive market for electricity and capacity;
harmonization of the Russian and international regulatory frameworks for the electricity industry;
selection and training of managers and experts to ensure adequate participation in the activities of the administrative and technological bodies at international organizations, participation in international research programmes, work of international commissions on the development and implementation of energy projects;
information analysis and monitoring of the state of affairs in the foreign energy sector.

Membership in International Organizations and Participation of Company's Representatives in International Events

The Company is a member (full or associated) in the following international organizations:

World Energy Council (WEC);
Conseil Internationale des Grandes Reseaux Electriques a Haute Tension (CIGRE);
BALTREL - Baltic Ring Electricity Co-operation Committee;
Union of the Electricity Industry - EURELECTRIC;
International Chamber of Commerce (ICC);
Russo-British Chamber of Commerce;
e7;
CIS Electric Power Council (CIS EPC);
World Economic Forum (WEF).

OAO RAO "UES of Russia" cooperates with other large international organizations and associations, in which it does not have membership: International Energy Agency (IEA), Union pour la Coordination du Transport de Electricite (UCTE), Commission Internationale des Grandes Barrages (CIGB), International Association of Hydraulic Research (IAHR).

International Cooperation Projects

One of the most important projects is the synchronous interconnection between the energy systems of the east and west of Eurasia. Today, the establishment of interconnection between the UES/IES and the UCTE is viewed as one of the top priority goals in relationships between the Europe, the CIS and the Baltic Republics. On 19 April 2005, OAO RAO "UES of Russia" and the UCTE signed in Brussels an Agreement on Cooperation in the Preparation of a Feasibility Study on Synchronous Interconnection of the Energy Systems in the Western, Central, and Southern Europe with the UES of Russia and the energy systems of the CIS and Baltic states, which operate in parallel with the UES

 

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