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The Global Energy Prize annually honors outstanding achievements in energy research and technology from around the world that are helping address the world’s various and pressing energy challenges.

The Global Energy Prize was awarded in St. Petersburg

Within the framework of the St. Petersburg International Economic Forum today, on June 2, the Solemn ceremony of presenting the Global Energy Prize took place.

The Global Energy Prize in 2017 was awarded to the professor of the Swiss Federal Institute of Technology in Lausanne, the world-famous scientist Michael Graetzel. On behalf of the President of the Russian Federation Vladimir Putin, the award was presented to the scientist by the Minister of Energy of the Russian Federation - Alexander Novak.

"Michael Graetzel is one of the world's most famous scientists who have already made a tangible contribution to the development of world energy. The development of Professor Graetzel is a good example of creating effective new technologies that are in demand by the whole world. I want to wish the laureate of 2017 new ideas and successes in the work for the benefit of humanity, " - Alexander Novak said in his speech.

Michael Graetzel is rightfully considered one of the leaders in the field of solar energy development. His solar cells, named in his honor, are the only photovoltaic devices in the world that successfully simulate the process of plant photosynthesis and work on an organic dye. One of the main advantages of Michael Graetzel's development is the efficiency of energy storage regardless of the angle of the sun's fall. Such panels can be powered even from refracted or reflected light. They are capable of operating at different frequency ranges of light flux, up to infrared. Another advantage of the development is the simplicity of the device and the production of inexpensive materials. Today, these solar cells represent a viable alternative to the market leader - the more expensive and sophisticated silicon battery technologies.

"Although the award is handed to me, it belongs to a team of researchers and scientists who worked together with me. I have collaborated with many organizations, including Russian ones, and I would like to thank colleagues who took part in the work. The next steps of our research will be aimed at developing technology that would make it possible to convert solar energy into a fuel energy, " - said Michael Graetzel in his speech at the award ceremony.

About the Global Energy Prize: The Global Energy Prize is an independent international award for outstanding research and scientific and technical developments in the field of energy that contribute to the effective use of energy resources and environmental safety on Earth in the interests of all mankind. The award was established in 2002. The bonus fund in 2017 is 39 million rubles. Since 2003, 35 scientists from 11 countries have become laureates of the prize: Great Britain, Germany, Iceland, Canada, Russia, USA, Ukraine, France, Sweden, Switzerland and Japan. The decision on the selection of the laureates of the award is made by the International Award Committee of the Global Energy Prize, which includes 20 authoritative scientists from 13 countries. The nomination pool of the award is -3000 scientists from 90 countries. The awarding of the Global Energy Prize is financed by the largest Russian energy companies - PJSC Gazprom, Surgutneftegaz and PJSC FGC UES.

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