Safety of the Belarusian NPP is Under Control!

#6. For the High Norm
Safety of the Belarusian NPP is Under Control!

Today, one of the most advanced options for electricity production is the use of nuclear reactors, for which a nuclear power plant near the city of Ostrovets is being built in the Republic of Belarus. The Belarusian NPP is being built with the help of the most advanced technologies: tolerant nuclear fuel, allowing to prevent accidents like Fukushima, the “digital twin” – an information model connected to its physical object in real time during the operational phase. However, the “construction of the century” has got not only supporters, but also opponents both in the country and abroad. What is the basis of such an attitude to the nuclear energy development in Belarus, whether digitalization of the plant will increase its vulnerability, as well as how nuclear safety is ensured in Belarus – all these aspects were discussed in the interview with the “ES” magazine by Olga M. Lugovskaya, Head of the Department for Nuclear and Radiation Safety at the Ministry of Emergency Situations of the Republic of Belarus.

Impact of Post-Industrial Processes on the World Power Engineering and CO2 Emissions

#1. Event Horison
Impact of Post-Industrial Processes on the World Power Engineering and CO2 Emissions

Transition to the postindustrial phase of the economic development is characterized by saturation in dependence of energy consumption from economic growth. Maximum of global energy use equal to 25–30 G toe and twofold of the current level is expected in the middle of the century. Perspectives of CO2 emission limitation by the level determined by the UN Paris climate agreement are analyzed by transformation of global energy sources.

History of Energy Prices

#1. Event Horison
History of Energy Prices

In this article long-term trends of the energy market are viewed not from the point of view of supply and demand balance, as it is usually done, but exclusively analyzing quotations. Particular attention is paid to coal prices, which have been traced since 1834. The main conclusion is that there isn’t any shortage of raw materials on the planet, and the tendency of refusing mineral fuel in favor of renewable sources, if it is manifested in quotations — it will happen only in several decades. Much more important for price dynamics are big cycles of the business situation, on the basis of which a long-term forecast is made.

Safety is the Highest Priority for the Nuclear Industry

#4. Monument up to the Sky
Safety is the Highest Priority for the Nuclear Industry

“The annual report is an effective mechanism for building trust between the company and the parties concerned. We are actively working in foreign markets, lately the range of stakeholders has significantly expanded, rersulting in raising requirements for public reporting”, said Valery Igorevich Limarenko, president of the ASE Group of Companies, doctor of economics. In an interview with the “ES” magazine he told about successes and achievements in modern nuclear power plants designing, as well as about peculiarities of a full-fledged project risk management system.

International Energy Hubs: New Strategic Model of Integrating Russian Energy Companies in the Global Economy

#4. Monument up to the Sky
International Energy Hubs: New Strategic Model of Integrating Russian Energy Companies in the Global Economy

One of the major goals of political and economic sanctions, imposed on Russia in post-Crimean period, is an attempt of Western geostrategic players to intercept the trade and financial flows between Russia and the countries importing energy and raw resources of Russian or transit origin. These flows are the basis of economic, political and social well-being of Russia. Under extremely severe change of external economic conditions of the Russian energy companies activities an urgent development of a new strategy for their integration into the world economy is required. Such a strategy should be based on the organizational model of the space-stream arrangements and interaction of Russian energy companies, which could be implemented in the most effective way based on the concept of forming energy hubs abroad as a kind of energy infrastructure nodes combining different business profiles of Russian economic agents activities.