PR89857

MOSCOW, June 3, 2021 /PRNewswire=KYODO JBN/ --

The Global Energy Association presented its second annual report "Ten

breakthrough ideas in energy for the next 10

years"[https://globalenergyprize.org/en/10ideas/] at the Petersburg

International Economic Forum -- organised by the Roscongress Foundation.

The report features technologies to be used to solve the most pressing problems

of modern energy – lowering CO2 emissions, reducing the environmental footprint

and finding less expensive ways to use innovations in energy.

Among the authors are researchers from the United States, the United Kingdom,

the Netherlands, Denmark, Spain, China and Russia.

The presentation took place within the framework of a session which featured

Alexander Novak (Russian Deputy Prime Minister), Alexey Miller (Chairman of the

Management Committee, Gazprom), Andrei Ryumin (General Director, Rossetti),

Prince Abdul Aziz bin Salman Al Saud (Energy Minister, Saudi Arabia) and Angela

Wilkinson (Secretary General, World Energy Council).

Taking part in the session were Nobel Prize laureates Rae Kwon Chung and

Riccardo Valentini. Acting as moderator was Sergey Brilev, President of the

Global Energy Association.

"The wide variety of themes in the report shows yet again that assumptions that

energy transition is something of a straight line from fossil fuels to

renewable energy sources are an exaggeration," said Russian Deputy Prime

Minister Alexander Novak.

"More properly, we are talking about a transition to sustainable development

which allows for niches for both fossil fuels and alternative energy."

New technologies, Novak said, provide opportunities for traditional suppliers

to move forward with confidence into the low-carbon age.

Here are the 10 breakthrough ideas presented in the report's second edition:

- Industrial carbon capture and storage technologies.

- Digital twins (virtual copies of physical objects).

- Floating Solar Stations.

- Blue hydrogen (hydrogen produced from steam reforming of natural gas).

- Catalytic Methods for Processing Carbon Dioxide from Coal-Fired Generation

into Useful Products.

- High-Quality Motor Fuels from Vegetative Raw Materials (technologies allowing

for production of biofuel comparable with oil products in terms of technical

characteristics).

- High Temperature Heat Pumps (heat pumps working with CO2).

- Technologies for Managing Oil Field Wastes (technologies for disposal of

drilling slurry).

- Ultra High Voltage Power Transmission Technology (technologies which allow

for effective transport of electricity).

- Power to E-Fuel (transforming electricity into hydrogen through power

electronics).

SOURCE: The Global Energy Association