2024 Global Energy Prize Call for Nominations Closes
As of 19 April 2024,
nominations for the Global Energy Prize were no longer being accepted. More
than 50 nominations were received from Europe, Asia, Africa, Oceania, and both Americas.
Prize winners will be announced at a special ceremony in Ufa, with the award
ceremony slated to take place in Moscow as part of the Russian Energy Week
International Forum between 26 and 28 September.
The most popular topics in the
‘Conventional Energy’ category were the exploration, extraction, and transport
of fossil fuels and nuclear and thermal electricity generation. Meanwhile, the
greatest number of nominations in the ‘Unconventional Energy’ category were
received for research in RES and hydrogen energy, with nominations in the ‘New
Energy Applications’ category coming primarily for groundbreaking work in
materials science and the efficient use and storage of energy.
“The call for Global Energy
Prize nominations, now closed, has once again garnered a great deal of interest
in all three categories. It shouldn’t come as a surprise considering the
growing demand for clean energy and the resulting incentive to improve the
efficiency of fossil fuels and introduce new methods of heat and electricity
production. The prize reflects many of the trends currently influencing the
modern energy industry and underlines the connection between basic science and
the real world,” Nobel Laureate and Global Energy Prize International Award
Committee Chair Rae Kwon Chung said.
Nominations received and found to satisfy the Prize Statutes will be passed along to independent experts who will then rank them according to a fixed set of criteria for academic novelty and practical value among others. A shortlist will be drawn up of the fifteen best submissions, five for each category, from which the International Award Committee will then select the winners.
REW will take place for the seventh time in 2024. The REW International Forum is being organized by the Roscongress Foundation and Russian Ministry of Energy with the support of the Moscow Government.
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Alexander Novak, Minister
of Energy of the Russian Federation, co-chaired the 9th meeting of the OPEC/Non-OPEC
Joint Ministerial Monitoring Committee.
The participants
reviewed the situation on the oil market and discussed possible further steps under
the agreement. The discussion touched upon the issue of allowed production
growth, as well as proposed regulating principles for OPEC/non-OPEC countries
cooperation after 2018.
The Head of the
Ministry of Energy outlined the main indicators of the Vienna Agreement
implementation success. According to the Minister, the Agreement execution by
OPEC and non-OPEC countries reached 147% in May. Since early 2017, OPEC+
members have managed to reduce the surplus of oil reserves by 380 million
barrels. “The market sees the success of our joint efforts to reduce the volume
of stocks and reacts positively,” emphasized the Minister.
According to
Alexander Novak, today we see the signs of a steady market balance, but it is
very important not to allow ‘overheating’ of potential petroleum shortage. “The
declaration we adopted in 2016 implies flexibility and aims to stabilize the
market. This means possible actions both in case of surplus and deficit,” the
Head of the Energy Ministry noted.
Following the
meeting of the extended monitoring committee, most of its participants received
recommendations to consider at an upcoming ministerial meeting of OPEC and the
subsequent ministerial meeting with the participation of non-OPEC
petroleum-exporting countries an increase of production of 1 million barrels
per day (from the current level), distributing this amount among the parties to
the agreement.
Source: minenergo.gov.ru
