The prize

The Global Energy Prize is awarded for outstanding scientific research and scientific-technical developments in the field of energy which promote greater efficiency and environmental security for energy sources on Earth in the interests of all mankind.

The Global Energy Prize stimulates the development of energy in terms of science and underscores the importance of international cooperation and state and private investment in the sectors of energy supply, energy saving and energy security on the planet.

In accordance with data from the IREG Observatory on Academic Ranking and Excellence, the Global Energy Prize figures in the “Top 99” most prestigious and significant international awards.

Since 2003, 48 researchers have become the Global Energy Prize laureates representing 15 countries: Australia, Austria, Canada, Denmark, France, Greece, Iceland, Italy, Japan, Russia, Sweden, Switzerland, the UK, Ukraine, and the USA.

China and India continue to increase coal production

China will retain its leadership in the coming years in production of steam coal used as a raw material for power plants. According to the Global Energy Monitor, by July 2022, China’s steam coal mining projects at the pre-investment stage had a capacity of 368 million tons of coal per year, with a further 19 million tons coming from the projects where mining of steam and coking coal will be shared.

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Malaysia approves world’s largest offshore CCUS project

Company Petronas has made a final investment decision on the CO2 capture, storage and utilisation (CCUS) project in the Kasawari gas field, 200 km off the coast of the Bintulu region, northern Malaysia. The project capacity is up to 3.3 million tons of CO2 equivalent per year, which makes it the largest CCUS initiative undertaken in the offshore oil and gas production.

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