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RECOGNISING OUTSTANDING ACHIEVEMENTS IN ENERGY

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.

30th June

The First in the Universe

The world energy industry has reached a fundamentally new level of socio-economic development recently, when the key question has switched from “What do we use for fuel?” to “How do we fuel?”. The industry offers many different energy options from coal to tidal energy. At the same time, humanity makes its choice, turning away from the cheapest and most affordable sources that used to be the trend thirty years ago, to the most environmentally friendly and energy-efficient energy sources. The key global players such as the European Union, Japan, USA, China and Russia are now busy establishing conditions for investment in the development of new energy technologies. One of the most promising options may be the widespread use of hydrogen as fuel and energy storage.

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30th June

Segway to End Production of Its Personal Transporter

BBC News reported that Segway would stop production of its famous two-wheeled scooter, the Segway Personal Transporter, on July 15.

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29th June

The number of solar power stations will more than double in 10 years

According to Fitch Solutions experts solar power capacity in the world will grow by 125% over the next ten years, mainly due to China, India and the U.S.

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26th June

The tower for the tallest wind turbine will be built using 3D printing.

General Electric will build the world's tallest wind turbine with a 3D printed concrete base. GE Renewable Energy, COBOD and LafargeHolcim will design a 160-meter tower for the turbine.

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25th June

The price of oil has dropped below $40

On Wednesday the price of Brent dropped by about 5% , from a peak of $43.1 per barrel to $39.98 per barrel. The U.S. WTI also dropped sharply, from $43.18 per barrel to $37.8 per barrel.

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25th June

Experts: American "market animals" will recover at $40 per barrel

Professor Fedor Voitolovsky, director of IMEMO RAS, believes that the price of $40 per barrel of oil will allow American shale producers, which he calls "market animals", to recover.

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25th June

Expert Salutes Opening of Verkhnebalkarskaya Small Hydro Power Plant

Verkhnebalkarskaya Small Hydro Power Plant (HPP) starting to operate is an energy landmark, said Oleg Popel, Doctor of Technical Science, Physical and Technical Energy Issues Advisor to Director of JIHT RAS, to the Global Energy Association.

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24th June

Transfer of a car to gas will cost 8-15 thousand rubles. The rest will be at the expense of the state

The Russian government has increased subsidies for conversion of cars from gasoline to gas. The corresponding decree was signed by Prime Minister Mikhail Mishustin.

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23rd June

The academician considers the production of hydrogen from gas to be the most profitable

Academician Valentin Parmon, the Global Energy Prize laureate, President of Siberian Branch of the Russian Academy of Sciences said that the production of hydrogen from gas is currently the most economically profitable.

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22nd June

¿Argentina y Chile potencia continental?

Yamil Quispe de Argentina participó en la discusión de online sesión económica «Covid-19: Impacto global» que tuvo lugar la semana pasada con participación de los expertos internacionales. Habló sobre la gran importancia de los corredores bioceánicos para promover el comercio internacional. Especialmente para la Asociación «Energía global» Quispe siendo el líder de la iniciativa latinoamericana Pacífica que promueve la idea de integración entre Chile y Argentina, escribió este artículo, y con mucho gusto lo presentamos a nuestros lectores.

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20th June

Pension funds invest in renewables on a large scale

Danish investment company Copenhagen Infrastructure Partners has launched a fund to become the world's largest in the field of green energy. The fund will be able to support alternative projects in this area up to 14 billion euros worldwide, the CIP said itself.

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19th June

The expert forecasts reduction of coal share in the European energy balance

Yury Kvashnin, Head of Center for European Studies at IMEMO, believes that in the nearest future there will be a sharp decline in the share of coal in the European energy industry.

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18th June

The Energy Sector Survived

The Minister of Energy of Russia Alexander Novak in a conversation with the President of the Global Energy Association Sergey Brilev at the online conference " COVID-19: accelerating the transition to the energy of the future for all” assessed the prospects of the energy sector.

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18th June

The future of energy after COVID-19: World Energy Council discusses key avenues for development

The ‘COVID-19: Accelerating a Better Energy Future for All’ online conference took place on 17 June, marking the launch of the Road to Congress 2022 online event series. Minister of Energy of the Russian Federation Alexander Novak and Secretary General and CEO of the World Energy Council Angela Wilkinson were joined by leading experts in the energy sector to discuss their vision of the transition to a ‘new normal’ after the crisis. The conference was organized by the Roscongress Foundation and the World Energy Council with the support of the Global Energy Association and Rosseti.

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15th June

Dr Brilev: the issue of job preservation needs to be solved after the pandemic

Job preservation will be one of the main issues after the Coronavirus pandemic, said Sergey Brilev, President of the Global Energy Association, on Monday. He took part in the online session "Economic Impact, Path to Recovery and Evolving Perspective".

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12th June

Tom Blees continues discussion about the MSR technology

Tom Blees, a member of the Global Energy Prize International Award Committee, resumed the discussion on the prospects of creating modular nuclear power sources using power vessels with MSRs.

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11th June

Ministry of Energy will submit proposals on microgeneration to the Government in the third quarter

Yuri Manevich, Deputy Minister of Energy of the Russian Federation said on Thursday that the department will make proposals to the government on the development of microgeneration in the electrical energy industry in the third quarter of this year.

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11th June

Russian LNG can contribute to India's transition to electric vehicles

Russian LNG, together with other alternative energy sources, could play a positive role in India's ambitious plan to shift its car fleet from internal combustion engines to electric vehicles. This topic was discussed during the Primakov Readings online session, organised by IMEMO and Interfax with the support of the Global Energy Association.

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10th June

Russian government has approved the Energy Sector Strategy until 2035

The Russian government approved the Energy Strategy of Russia until 2035, the corresponding document was signed by Prime Minister Mikhail Mishustin on June 9.

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7th June

Oil market needs OPEC's custody

The meeting of OPEC and non-OPEC energy ministers was positive and productive.The joint online-session was extremely short. Minister of Energy of the Russian Federation Alexander Novak explained that all decisions were worked out in advance in personal chats and phone conversations.

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5th June

Experts evaluated the new development of the Russian company in energy storage

A new development, an industrial system for electricity storage, was presented in Chelyabinsk by the Scientific and Technical Center "Drive Technology", and it was immediately evaluated by experts of the Global Energy Association.

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3rd June

Modular nuclear power sources are promising, but a different type of reactor is needed

Academician Ashot Sarkisov from the Institute for the Safe Development of Nuclear Energy of the Russian Academy of Sciences considers the idea of Thomas Blees, a member of the Global Energy Prize International Award Committee, about developing the technology of modular nuclear power sources to be promising, but considers it is important to use a different type of reactor.

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