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Alternative energy sources not to prevail on market

September 26, 2012, 9:44 UTC+3

"Hydrocarbons will be the basis of the major energy industry," the Russian expert said

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HONG KONG (Xianggang), September 26 (Itar-Tass) — Alternative energy sources will not prevail in the market, chairman of the Committee on Energy at the State Duma lower house of Russia’s parliament Ivan Grachev said at an international forum in Hong Kong.

“They will not have any significant impact on the industry. Hydrocarbons will be the basis of the major energy industry,” the Russian expert said. He raised this issue at the opening of the conference Confidence and Security in the Information Society.

Taking part in the forum are representatives of the government bodies of the Russian Federation, telecommunications companies, experts from China, Kazakhstan and other countries. The organizer of the event is the national Infoforum, specialising in information security. The conference is held with supported of the State Duma, the Russian Security Council, the Russian Ministry of Communications and Mass Media and a number of other departments.

The main topics under discussion are combating cyber crime, the protection of personal data. “We will also pay attention to the issue of security in the field of energy and ecology,” co-chair of the conference organising committee Jiang Mingjun specified.

“Now it is already no secret that the state security directly depends on the protection of its information systems,” head of the Bureau of Special Technical Measures (anti-cyber crime unit) of the Russian Interior Ministry Alexei Moshkov stressed.

Other speakers at the conference are the leadership of the Russian Technologies (Rostekhnologii) and Huawei (China) companies, the heads of a number of banks and agencies.

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