Central regions | Energy, utilities | Technology & innovation
Dmitry Medvedev: Russia needs alternative energy despite resistance from ‘oil lords’
19 Jun '14
Russia needs to develop alternative energy sources, particularly biotech-based ones, even if traditional hydrocarbon energy players move to challenge the effort, Prime Minister Dmitry Medvedev of Russia said. The Russian news agency RIA Novosti reported his statement earlier this month.
“It is obvious that to further the technologies we will have to face up to resistance, because those making money on selling conventional energy commodities are unlikely to thank us for the move. This is a clash of ideas. However, if we talk as statesmen, we must undoubtedly be interested in engaging in biotechnologies, no matter how huge our hydrocarbon reserves are and how highly developed our current energy sector might be,” the prime minister underscored.
Renewable biomass is one of the most promising renewable energy sources, he further pointed out. “It’s readily available wherever we have forests, grow agricultural crops, and leave production waste. Using all this correctly is key. Nonetheless, we’ve grown so much accustomed to our traditional energy sources that we appear to be growing blind to the opportunities that are opening up in this new area,” Prime Minister Medvedev said.
“Unless we start investing in it, both money and knowledge, we’re likely to end up finding ourselves sidelined and uncompetitive with all the oil and gas that we have, when the next scientific revolution comes,” the head of the Russian government warned.