Previous Page  24 / 96 Next Page
Show Menu
Previous Page 24 / 96 Next Page
Page Background


OPEC bulletin 8–9/17

F o r u m

reducing the emission of greenhouse gases to address

climate change.

Despite the growing competitiveness of renewable

energies, their development today still has limitations.

These are primarily technological, which so far prevent

them from full-scale use in transport, industry and power


Nevertheless, the role of renewable energy will grow

in the long term, and we believe that the co-existence

of hydrocarbons and renewable energy will allow us to

effectively facilitate the development of future energy

and technologies.

In this context, I would like to give an example of an

economically justifiedmovement towards the use of pure

energy: in Russia, a gradual replacement of coal-fired

power generation by gas-fired power plants largely con-

tributes to the reduction of greenhouse gas emissions.

Today almost 85 per cent of energy in our country is

produced from carbonless or low-carbon sources, and

this value will reach almost 90 per cent (88.6 per cent)

by 2035.

In 2015, according to the criteria of the Kyoto Protocol

(and accounting for the absorbing capacity of forests)

greenhouse gas emission in our country amounted to 57

per cent of the level recorded in 1990. Thus, Russia has

moved beyond its commitments under the Kyoto Protocol

and considerably compensated for the emission growth

in other countries. We intend to strictly comply with our

obligations under the Paris Agreement and will facilitate

its fulfilment.

Thus, purity, reliability and accessibility to energy

across the whole world will be provided by a reasonable

combination of various energy sources. It is important

for the process of enhancing reliability and purity of the

power supply to be inclusive and non-discriminating to

those most vulnerable. Together we must direct this pro-

gress for the benefit of the whole of humankind.

Technologies shaping the energy future

I would like now to turn to the very important issue on

which the future of energy will depend on to a large extent

— technological progress. This sphere requires honest

and open dialogue in order to understand howmuch and

what type of energy we will need.

The so-called Fourth Industrial Revolution may

exceed all the previous ones in terms of its impact on

lifestyle and traditional consumer habits. Naturally, we

are first of all interested in how it will influence energy

markets. But in order to understand that, we must not

limit ourselves to our sector alone, as in the rapidly

changing globalized world no sector can exist in isolation.

Let us highlight several key trends to be focused on:

1) Digital technologies;

2) Artificial intelligence and robotics;

3) Biotechnologies;

4) Materials science;

5) Infrastructure and transport reformations; and

6) Energy technologies.

Digital technologies

According to Moore’s law, computing power in the world

doubles every two years. The growth and availability of

computers, and their adaptedness for the solution of

social tasks have made IT one of the most rapidly grow-

ing segments of the global economy — the IT industry

grows by ten per cent annually. It also serves as a basis

for breakthroughs in other branches — explosive growth

in other sectors is often possible due to digitalization

and computerization.

Why is it so important? Over the course of history,

humankind has acquired vast experience in interacting

with each other, as well as with nature, but never before

in history have we been able to analyze the data associ-

ated with this array of repeated actions and sequences

in a detailed and scientific way. This is the so-called ‘Big

Data’ analysis.

Analysis of these data arrays will have influence on

all spheres of life and in all occupations — for example,

accountants, air traffic control and even in pizza delivery.

The results expressed in the optimization of procedures,

itineraries, processes and job descriptionsmay cause the

exponential growth of labour productivity.

Of course, one cannot fail to alsomention such trends

as the continued development of the Internet, as well as

virtual reality.

It is a very concise list of developments currently

occurring in the IT sector, but it concerns the trends that

are influencing the energy sphere at this very moment.

Big data with regard to energy cannot only sharply

reduce energy costs, potentially removing excess pro-

duction costs, but it may also have a disruptive effect on

the production and logistical chains, as well as consumer


Of course, at present, we do not have a full under-

standing of the effect of these technologies, but further