Peruvian fire-fighting service wants to buy Russian Mi-171 helicoptersBusiness & Economy May 22, 18:00
Putin sets task of accelerating work on super-heavy rocketScience & Space May 22, 17:55
Russian PM comments on decision to remove trade restrictions with TurkeyBusiness & Economy May 22, 17:39
Russia and its EU partners discuss entry point for Turkish Stream’s second lineBusiness & Economy May 22, 17:38
Austrian chancellor to address SPIEF-2017 on June 2Business & Economy May 22, 17:00
Russian air defense weaponry sparks interest at Minsk military showMilitary & Defense May 22, 16:54
International Paralympic Committee decides to maintain Russia’s membership suspensionSport May 22, 16:46
McCain’s anti-Putin rants are ‘way out of line’ but fail to harm ties with US — KremlinRussian Politics & Diplomacy May 22, 16:29
Moscow has not yet decided on response if Kiev introduces visasRussian Politics & Diplomacy May 22, 16:09
MOSCOW, September 23. /TASS/. Efficiency of shale energy turned to be higher than expected and one cannot rule out even larger scale revolution in this sphere on the account of developments of motors and hydrogen engines, Russian Prime Minister Dmitry Medvedev said on Wednesday in the article published by Rossiyskaya Gazeta newspaper.
"Neither should one ignore opportunities for dramatic performance improvement of the solar energy, whose prospects were skeptically assessed earlier, and the unflagging activity in development of motors, hybrid and hydrogen engines. If progress in these areas continues with the same pace and oil prices do not plunge deeper, the world may be challenged by a revolution of even greater scale than the ‘shale’ one," the prime minister said.
Liquefied natural gas transportation already starts uniting earlier isolated markets of different companies, the prime minister said. Production of shale hydrocarbons turns fuel importers into exporters, he added. As a result, work of hundreds small innovation companies in this sphere "influences now on this market [and on the economy of many nations at large] even stronger than the largest energy corporations do,’ the prime minister said.
"Furthermore, these companies are demonstrating fairly high stability so far: nearly threefold oil price drop did not result in their mass bankruptcy. Certainly, the situation may change if prices continue falling. Nevertheless, efficiency of new technologies turned out to be much higher than many expected. This is a serious lesson: one should not stubbornly argue the Earth continues standing on three pillars if outlines of the fourth one are already clearly visible," Medvedev said.