Outstanding quotes from SPIEF 2019: Forum participants on energy

Drawing on insights from leading industry experts, the report by the World Energy Council (WEC) looks at key issues and action priorities of the energy industry in 2020.

Analytical report by Kapsarc is devoted to the assessment and ranking of countries in terms of the level of transition to a circular carbon economy.

The call of economic growth and economic development requires diversification of different types of fuel used in car industry, marine and railway transportations. By the volume of stocks, maturity of technology, influence on ecology, self-cost for final customers gas fuel has a lot of advantages in front of hydrogen fuel and electrical engines and gas fuels can be most demanded fuel for the nearest decade. Low cost can be the basis for economic growth compensating growing cost of petrol and diesel fuel. Additional positive effect is safety for ecology. Major problems the industry of gas fuel encounters are in poor infrastructure, insufficient legislation and high cost of gas engines. Future development of gas fuel industry is only possible with state-based subsidiaries with priority to development of infrastructure.

The study prepared by experts of the Analytical Credit Rating Agency (ACRA) analyzed data on consumption and debt dynamics in the Russian wholesale and retail electricity markets in early 2021.