The 3rd ceremony of the Global Energy Prize was held on june 17, 2005

For the third time, the solemn ceremony of laureate decoration with the prestigious “Global Energy” International Power Industry Prize was held in Konstantinovsky Palace in Strelna, not far from St. Petersburg. The golden medals and diplomas were presented to Academician Zhores Alferov of Russia for fundamental research in solar electrical power and to Professor Klaus Riedle of Germany for a major contribution into design of high-performance gas turbines for gas-vapor power plants.

Zh. Alferov, the Russian Laureate, said that he was intending to transfer the major part of his prize to “The Alferov Foundation for Support of Education and Science” instituted by him four years ago. Professor K. Riedle promised to transfer a considerable part of his prize for development of joint projects designed by German and Russian scientists in power industry and energy saving. Sergei Mironov, Chairperson of the Federation Council, said that “Global Energy” Prize is increasingly appreciated as socially important and enjoys high popularity throughout the world. “It is symbolic”, he said, that this prize is instituted in Russia, one of the global leaders in the power market. “Global Energy” Youth Program, the institution of which was declared in 2004 by Mikhail Fradkov, Chairperson of the Government, is intended to facilitate employment of young talented people in finding solutions to problems of power industry and energy saving, Mironov said. “The first six grants equal to 100 thousand Dollars are presented to talented Russian researchers”, he said.

In 2005, “Global Energy” International Power Industry Prize Fund was extended by 10 percent – up to 1 million Dollars and divided between the Laureates equally. The Prize fund was shaped by sponsorship contributions from the largest Russian power industry companies: “Gazprom” OJSC, RAO “UES of Russia” and “Surgutneftegaz” OJSC.

“Global Energy” Prize was instituted in Russia in 2002. 8 outstanding Russian and foreign scientists were honored with this prestigious prize.

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