Spotlight Interview with Sergey Skvortsov, Principal Consultant, Energy Markets at Hitachi Energy










1. Why did you decide to do a webinar with us?

We have been working with Business Review over the past few years for different webinars and found them successful in targeting our audience.


2. What will the audience gain from attending your webinar?

Renewable energy expansion is one of the key pillars in achieving European Union’s ambitious targets to reach carbon neutrality by 2050. However, both wind and solar generators are heavily impacted by weather conditions. How much is supply/demand balance affected by weather in renewable dominated power systems of the future? How will this reflect in electricity market prices and eventually revenues of electricity producers? In this webinar we are going to share some of our findings and try to answer these questions.


3. How did you get into the industry and what do you most enjoy about your role?

After graduating from university, I spent 5 years working in software development industry, creating all sorts of web-applications. Then an opportunity to join the, back in the day, vertically integrated monopoly – RAO UES Of Russia – has arisen. I was really excited by the new challenges that the power industry in Russia was facing. I decided to take this new challenge and joined the team that was tasked to build a model and produce long term forecasts of then non-existent competitive wholesale electricity market in Russia. This is how I learned the basics of market modelling and fundamental analysis which remains my key area of expertise today.


4. What are you hoping to achieve in the future in your personal and professional life?

I’m hoping to utilise my knowledge and expertise, together with other team members at Hitachi Energy, to help the energy industry to transition towards sustainable future and achieve ambitious climate change goals. In my personal life I will continue supporting my kids so they can successfully navigate through different challenges that keep coming up in their lives.


5. What would someone be surprised to know about you?

I love cars, especially old cars from the golden era of 1980s and 90s. I’m more than happy to keep my hands dirty fixing my 30 year old classic Toyota, fighting with rusted bolts an oil leaks. Sometimes I ask myself a question – how will it be living without the smell of petrol in the carbon neutral world of the future? Perhaps, I should think about buying myself a DMC DeLorean time machine from “Back to the future”!


Click here to register for Hitachi Energy’s Webinar on November 23rd 2021 3pm GMT.

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