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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.

23rd October

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22nd October

Renewables and traditional energy can exist side by side during transition

Economies are gradually making the choice in favour of renewable sources of energy, but for some time, fossil fuels and renewables will complement each other – that was the conclusion of participants at the Valdai discussion club during a session entitled “Tech War: How Far Will It Go?”

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21st October

God of Thunder and Lightning in the Service of Progress

The European Union in 2020 proclaimed large-scale plans for a transfer by 2050 to a carbon-free economy, which call for the abandonment of oil, gas, coal and other energy sources responsible for carbon dioxide emissions in the atmosphere. Against this background, experts and potential investors have begun to discuss increasingly new opportunities for the nuclear industry, relegated several years ago to the role of rank outsider in the energy world.

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20th October

New York State seeks to become 70 % “green” within a decade

Authorities in News York State have published a “road map” on achieving the ambitious goal of moving the state towards securing 70 % of its electricity from renewable sources by 2030.

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20th October

Argentina resuscitates Vaca Muerta

Argentine authorities have drafted a new plan to invigorate the gas sector, calling for $5 billion in investments over the next three years to develop the vast shale deposit area of Vaca Muerta (Dead Cow in Spanish).

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20th October

The World Energy Council expresses its thanks to the Global Energy Association for its contribution to preparations for WEC 2022

The World Energy Council (WEC) thanked Sergey Brilev for his participation in preparations for the World Energy Congress in 2022.

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19th October

ConocoPhillips buys Concho Resources

U.S. oil and gas giant ConocoPhillips is buying competitor Concho Resources, a company specialised in shale oil extraction in the Permian Basin of Texas and New Mexico.

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19th October

Scientists from Russia's NUST develop prototype of inexpensive nuclear battery

Academics at Russia’s National University of Science and Technology (NUST) in Moscow have created a prototype nuclear battery which may turn out to be considerably less expensive than previous models, Russia’s State Atomic Energy Corporation, Rosatom, reported in its corporate newspaper.

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15th October

Geothermal stations gaining momentum

Installed geothermal capacity is likely to rise by 1.5 times over the next five years as energy companies diversify into alternative markets, prompted by the drive for a transition to renewable energy sources, analysts Rystad Energy reported.

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15th October

Nikolaos Hatziargyriou - Energy must meet three contradictory requirements: security, efficiency and the environment

The modern energy sector must resolve three key, but often contradictory, tasks: ensuring security, raising energy efficiency and working for a clean environment. Solutions to these problems can be found by developing contemporary intelligent micro-networks or microgrids, which will enable compatibility of renewable and traditional sources and also the interests of consumers and producers. Nikolaos Hatziargyriou, director of the National Technical University of Athens and winner of the Global Energy Prize, is one of the chief ideologists of modern microgrids. He spoke of the main principles of these micro-networks in an interview with the Global Energy Association.

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14th October

Gazprom Neft chooses the Sun, Tatneft chooses the wind

Russian oil companies Gazprom Neft and Tatneft are following the lead of their European colleagues by embarking on projects based on renewable energy sources.

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12th October

Venezuela is at zero

Venezuela has resumed operations at two oil refineries, President Nicolas Maduro announced on his Twitter microblog. Venezuelan authorities also announced the adoption of a plan to regulate fuel supplies at petrol stations.

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12th October

Fuel from the air: Why we need artificial photosynthesis

Photosynthesis is one of the most important processes on Earth. And this is recognised by everyone, from biologists to energy specialists. And everyone knows that nearly all the energy we use, we owe to the Sun. Oil, gas and coal all came into being thanks to the ability of organisms to secure solar energy and use it to create organic molecules by means of photosynthesis. Photosynthesis allows plants to transform energy from the sun into fuel.

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9th October

Russia ready to supply energy from non-traditional sources – Energy Minister Novak

Russia is ready in the future to become a supplier of energy derived from new technologies, including the use of renewable sources and carbon-free methods, Energy Minister Alexander Novak said in an interview with the President of the Global Energy Association, Sergey Brilev.

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9th October

Norwegian oil fund to sell shares in companies with poor ESG record

The head of Norway’s biggest sovereign wealth fund, Nicolae Tangen, says the fund should boost its revenues by selling more of the shares it holds in companies with an unsatisfactory record in terms of the so-called ESG criteria – Environmental, Social and Corporate governance.

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9th October

Exxon to oversee LNG project in Vietnam

Vietnam has approved a project by U.S. giant ExxonMobil to build an LNG plant in the northern port city of Haiphong. The plant is to have an annual capacity of six million tonnes of LNG and total cost of the project is estimated to exceed 5 billion euros.

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9th October

Chevron, Noble Energy merge into single corporation

Two of the oldest oil and gas companies in the United States – Noble Energy and Chevron – have announced their merger.

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8th October

Consumer behaviour a big factor in energy supplies: head of Rosseti power grid company

Consumer behaviour, particularly the ability to make specific choices in purchasing and use, has become a big factor in the broad scheme of power supply, Pavel Livinsky, Director General of Russia’s Rosseti power grid company, said during World Energy Week.

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8th October

Carlo Rubbia: Lack of major changes and developments a handicap for nuclear power

The main problem with nuclear power today is the recycling of nuclear waste. To solve this problem, it is necessary to encourage the use of thorium instead of uranium. An even bigger challenge for the industry is the lack of new developments that would allow nuclear power to move forward, said Carlo Rubbia, the Global Energy Prize laureate and Nobel Prize winner in physics, in an interview with the Global Energy Association.

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7th October

Companies and investors join regulators in calling for carbon-free energy

Companies and the investors behind them have joined European regulators and politicians in calling for carbon-free energy, Lord Barker, the Executive Director of Russia’s EN+ group, told a British-Russian Investment forum, which was held online by the Russo-British Chamber of Commerce (RBCC) with the support of the CCI of Russia. The session at the forum,dubbed “RussiaTALK”, was chaired by Sergey Brilev, President of the Global Energy Association.

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5th October

Europe moves to renewable energy

The European Union has toughened its goals of reducing greenhouse gas emissions.

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5th October

Total bets on zero

France’s Total has become the latest major oil and gas company to announce plans to turn itself into an energy holding.

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3rd October

Japan hopes to produce hydrogen on the moon

The Japanese space agency plans to build a plant on the moon by 2035 to produce fuel from hydrogen, the Kyodo news agency reported.

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1st October

An island of light in the realm of hurricanes

Supplying electricity to islands and remote localities remains quite a difficult undertaking despite the development of digital technology and a dynamic transition to renewable energy sources. Solving the problem involved creating special closed energy systems that work independently from centralised power supplies – known as “microgrids”.

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1st October

To the fjords! With hydrogen...

The world’s first cruise ship to be powered by a liquid hydrogen fuel cell is to be brought into service in Norway by 2023, according to shipowner Havila.

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