6 Mar 2023 16:00

Rosenergoatom plans to take 40% share of electric charging market

MOSCOW. March 6. (Interfax) - Russia's Rosenergoatom intends to take 40% of the country's electric car charging market by developing charging infrastructure in cities with one million or more population, including Moscow, as well as on the largest highways, Rosatom said in its journal, Rosatom Country.

"The decision was made to develop charging infrastructure primarily in cities with a million-plus population and on major highways, such as the M11 Moscow - St. Petersburg. By 2030, Atomenergo plans to install from 900 to 11,200 quick electric filling stations which, unlike regular filling stations, operate on direct current," the publication said.

As part of its so-called Maximum program, the state company plans to take 40% of the market and "achieve break-even."

Rosenergoatom is counting on cooperation with car sharing and logistics companies, developers, and taxi fleets. "We are already negotiating with developers. They are interested in our proposal to include charging stations in their parking projects. We also plan to contact the governments of the capital and regions in order to get into the subsidy program for the construction of quick electric filling stations," the publication said, quoting Atomenergo General Director and operator of the new business, Valery Markelov.

The decision to enter the market was made by Rosenergoatom in 2019, but "work was moving slowly" until last year, when foreign companies starting leaving Russia, the publication said. At the same time, another Rosatom division, Rener, is building a plant in the Kaliningrad region for the production of energy storage devices, whose main consumer will be electric transport.

Other energy companies are also engaged in electric refueling in Russia, such as Rosseti , which operates 85 charging stations exclusively in Moscow region on the M11 highway, and RusHydro . According to the company's website, the company has 128 charging stations in 21 regions, and is developing electric car sharing with Sollers .