8 September 2017


XI KAZENERGY Eurasian Forum is being held today, on September 8. The Russian Federation is one of the partners and active participants of the event. A plenary session ""Clean" Energy as Investment into the Future" organized by the Global Energy Association jointly with Kazenergy with the support of the Russian Pavilion, was held in the Palace of Peace and Reconciliation as part of the event.

The welcoming remark was made by Arkady Dvorkovich, Deputy Prime Minister:

"EXPO is now known all over the world and I hope that it will help Astana to turn into one of the leading financial centres. Russia, too, has a lot to show as it has been participating in the World Expos since 1851, and possesses expert, industrial, and, most importantly, intellectual potential, which we want to use for the benefit of the people of our country and the whole world. We are pleased that our Pavilion has contributed to the success of the exhibition and became a platform for discussion and business contacts for visitors and professionals in the energy sphere. 

The following speakers from different countries also took part in the event: Stephen Griffiths, Vice President for Research at the Masdar Institute of Science and Technology,  Interim Executive Vice President of Research at Khalifa University of Science and Technology, Remigius Lapinskas, President of the World Bioenergy Association (WBA), Rae Kwon Chung, a member of the Global Energy Prize International Award Committee, and Angelina Davydova, CEO of the Russian-German Bureau of Ecological Information.

During his presentation, Rae Kwon Chung said that it is necessary to radically change the existing paradigm in order to stabilize global warming at the level of the agreed limit of 2 degrees Celsius. The expert presented his concept of a win-win synergy:

Clean energy →  dynamically developing economy → stable climatic conditions: "green growth".

Mr. Chung added that the automatic switch to clean energy should not be expected as it is necessary to introduce global changes in the economic system. It is important that rather than focusing on short-term gains the priority should be given to long-term projects.

Stephen Griffiths, in his turn, made very optimistic forecasts for the transition to low-carbon energy. Clean energy will be actively developing within the global energy system, he says. Wind and solar power engineering will set the tone for that.
Remigius Lapinskas, President of the World Bioenergy Association (WBA), shared his vision of the strategy for the abandonment of fossil fuels. The expert says that the international community should work together to develop a program and begin to eventually implement it, and then the fossil fuel consumption will have decreased to zero by 2050.

The key tool to the transition from fossil fuels to "clean" energy is a tax on carbon emissions,  Lapinskas says.

The participants of the plenary session also discussed a number of other relevant issues. The experts expressed the ideas of how to improve the investment attractiveness of the "clean" energy technologies, and discussed the prospects for its development in the context of national and regional policies. In addition, the experts discussed the need for public subsidies and other forms of support of environmentally friendly technologies.

The plenary session ""Clean" Energy as Investment into the Future" was held as part of the XI KAZENERGY Eurasian Forum and the business program of the National Day of the Russian Federation.