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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.

The Global Energy Prize Tour has been launched at NRU HSE

On November 23 the National Research University - Higher School of Economics hosted the round table, which presented the first way-point of the Global Energy Prize Tour. The round table was held with participation of the Global Energy Prize laureates, the members of the Global Energy Prize International Award Committee, president of “Global Energy” Association Igor Lobovsky, as well as representatives of innovative companies, authorities and research centers.

“The Global Energy Prize Tour is a thematic series of presentations by the Global Energy Prize laureates. Within its framework, outstanding world-renowned scientists share their energy expertise, tell about their achievements, which have been recognized by the Global Energy Prize and expand the boundaries of international cooperation. The fist stop is here, at HSE. Following that, other countries will host the Global Energy Prize Tour on the eve of the 15th anniversary of the Global Energy Prize”, - said Igor Lobovsky.

Valentin Parmon, the 2016 Global Energy Prize laureate (Russia) stresses the solar power should be used properly. According to the scientist, we have to develop the process of natural photosynthesis using catalytic and photocatalytic processes. This path allows not only converting the solar energy, but also storing energy in the form of its chemical compounds. The incredible scientist`s success is that he headed the design and testing work of solar catalytic reactors, which convert solar energy into chemical fuel at an unsurpassed 43% efficiency rate with useful capacity of 2 kW.

The Global Energy Prize International Award Committee member Rae Kwon Chung (Republic of Korea) believes that we have to initiate win-win synergy among energy, economy and environment (3E). Current negative 3E (energy-economy-environment) paradigm is locked up in a vicious cycle where dirty and cheap fossil fuel is polluting environment and aggravating climate crisis while deteriorating energy efficiency and even compromising economic vitality. According to the scientist, we have to initiate a new positive 3E paradigm where clean and renewable energy is stimulating economic growth and jobs while addressing climate challenges.

Klaus Riedle, Board member of the Association of German Engineers (VDI-GEU), the Global Energy Prize laureate 2005 (Germany) stated that the energy forecasts for 2050 predict an increase in global energy demand of about 50% and for power of about 100%. Whether this increase can be satisfied depends on four criteria, the fuel resources, the technology to exploit it, the financial global means and finally environmental considerations. Basically we can state in a global consideration, that the fuel resources and the technology to exploit them will cover the demand for some hundred years to come. The investment capital needed is gigantic, some 40 trillion US dollars for the next 20 years with power demanding about 40% of the total.

The member of the GEP International Award Committee William Byun stated that he has a practical look at the landscape and business for renewables in Asia. Here are the main points: economic activities between Russia and Asia are only just beginning. However, there are multiple areas of aligned interest shared between the two, including strategic, political, and economic. Russia has very specific experiences, which give it advantages in engaging Asia, especially in the energy (and renewables sector).

The Global Energy Prize laureate 2007 Thorsteinn Inge Sigfusson was talking about the heat-pump technology used at Vestmannaeyjar islands for warming up the town. Heat-pump technology can take seawater that is say 8°C and take out the heat to leave it at 2°C - lower the temperature by 6 degrees Celcius. This heat is used to heat a much smaller amount of water to circulate in the radiators of the buildings at Vestmannaeyjar and for warm water consumption.

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