As the global energy transition accelerates, the electricity sector is poised to seize extraordinary growth opportunities. In this dynamic landscape, TEEE made a powerful impact by participating in the Electrical Networks Russia exhibition at the CROCUS EXPO IEC in Moscow. This exhibition provided us with a strategic platform to showcase our cutting-edge technologies and delve into a comprehensive exploration of the Russian electrical market. Our presence allowed us to secure valuable insights into the current state and future trends of the electricity industry in Russia.

Co-sponsored by the Russian Ministry of Energy and the All-Russian Electricity Company, this exhibition stands as a pivotal force in Central and Eastern Europe’s power sector. It encompassed a range of sectors, including distribution automation, substation automation, and smart grid solutions, attracting hundreds of exhibitors and professionals from across the globe. As an exhibitor, we boldly presented our latest research and development breakthroughs in electromagnetic wires and reactors, engaging in impactful discussions with both domestic and international peers.

Held from December 3 to 5, 2024, in Halls 7 and 8, the event drew thousands of experts from the electricity and electrical industries, including top-tier scientists, government officials, and design and construction specialists. The exhibition served as a platform for critical discussions addressing the pressing issues facing the electrical grid, and underscoring efforts to enhance reliability and efficiency. Russia is actively modernizing its electrical grid, with the Russian Grid Company projecting this transformation will span a decade and require an investment of around $100 billion. Furthermore, a significant memorandum of economic and trade cooperation was signed between China and the Russian Grid Company, establishing a framework for securing financing through export credits from Chinese banks, endorsed by guarantees from Russian authorities. These funds will facilitate the acquisition of electrical equipment essential for upgrading Russia's electrical grid.  

The exhibition is an unparalleled trade platform for Chinese grid enterprises aiming to penetrate the Russian market, where optimism abounds regarding the development of the electricity sector. Our participation in this exhibition yielded substantial results, forging strong relationships with several key local and international companies across the entire electricity supply chain—from generation and transmission to distribution—providing a holistic perspective of the Russian electricity market. Looking ahead, we are committed to deepening our collaboration with Russian enterprises as we explore new and promising opportunities within the electricity market.