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7.4. Major Modernization of Thermal Power and Reform of Thermal Market in Russia as a Guarantee of Efficient Investing in the Field

Thursday, May 17
12:00 - 13:30

Hall #3, General Staff Building (6-8, Dvortsovaya sq.)


Last year was quite controversial for the heat supply industry. On the one hand, the legal framework for new thermal energy market model, spoken of for years, was finally adopted. On the other hand, industry stakeholders are still waiting for bylaws and regulations, which will contain fundamental aspects of the new model. In particular, specific details of the bylaws will significantly affect the future of energy market in Russia.

On January 1, 2018, a new heat supply law came into force.  The key points of the new market model for the thermal energy are as follows: (1) the new principle of tariff setting is now based on an “alternative boiler station” method, (2) the unified heating supply company has more responsibilities and authorities, (3) transition to free price system with consumers receiving thermal energy from collectors.

Another key development was the adoption of the federal law on the transition to direct settlements with household consumers of thermal energy.

The round-table meeting is dedicated to the abovementioned debating and topical issues in the industry.


Aleksandr Sitnikov

Managing partner, VEGAS LEX

Larisa Titova

Deputy Director for Corporate and Property Affairs - Head of the Legal Department, Gazprom Energoholding LLC


Anastasiya Bondarenko

State Secretary - Deputy Minister of Energy of the Russian Federation

Vitaliy Korolev

Deputy Head, Federal Antimonopoly service of the Russian Federation

Rustem Miftakhutdinov

Associate Professor of the Department of Entrepreneurial and Corporate Law, Kutafin Moscow State Law University

Viktor Nesterenko

President, RusEnergyLaw School

Dmitriy Vologzhanin

Director, Council of Power Producers

* The Programme may be subject to change