Russia to Develop Renewable Energy Sector With US Help - US-Russia Council

Author: us-russia
Comments: 0
Russia to Develop Renewable Energy Sector With US Help - US-Russia Council
Published 7-09-2017, 07:00
Russia could use the US's great experience in the renewable energy sector for its own projects, the president of the US-Russia Relations Council told Sputnik on Thursday.

VLADIVOSTOK (Sputnik) — US companies have a lot of experience in the renewable energy sector and could use it for cooperation with Russia if it moves away from oil and coal, the president of the Council for US-Russia Relations told Sputnik on Thursday.

"Even though I think oil and gas have proven to be probably the greatest sector of opportunity and will continue to be an opportunity. Concurrently, there are a lot of opportunities and I see a lot of interest on the Russian side in renewable energy and alternative energy. And that is an area certainly where there is good US expertise. So we need try to get more of that cooperation going," Derek Norberg said on the sidelines of the Eastern Economic Forum (EEF).

Norberg added that a lot of Russia's power plants use coal to generate energy and increasing the use of gas in the Russian energy sector could be a significant opportunity for cooperation and for the use of US experience.

"The gasification of electrical energy in the Russian Far East is a very good opportunity. And certainly for many of the Northern regions there are examples of smaller scale, autonomous electrical generation plants and the US's very good equipment and engineering ideas could be brought here [to Russia]. So cooperation in a lot of those areas I think is very fruitful," Norberg added.

Meanwhile, the supply of energy resources exceeds its demand in the global market at the moment, but the long- and medium-term forecasts prove that demand will be steadily rising. In this case, cooperation on renewable energy is highly important.

Derek Norberg called Jerry Brown's attendance, who is the incumbent governor of the US state of California, to the EEF an important step for the development of Russia's Far East. 

"I think it is very important the governor chooses to come. I don’t know if Governor Brown coming here is a complete shift in a paradigm, but it is an important step. … It is a huge opportunity," Derek Norberg said on the sidelines of the forum.

The president of the Council for US-Russia Relations also mentioned that the cooperation between individuals, companies and even between regions could contribute to the normalization of relations between the United States and Russia.

"I believe that the subnational level may be the best avenue for us to improve relations. By that I mean working with regions of the Russian Far East, with states of the United States, working private sector to private sector," Derek Norberg said on the sidelines of the Eastern Economic Forum.

The two-day EEF is currently ongoing in Vladivostok, drawing over 3,500 participants from more than 50 countries. Several world leaders, including Russian President Vladimir Putin, South Korea’s Moon Jae-in and Japanese Prime Minister Shinzo Abe, are attending the event. Rossiya Segodnya International Information Agency is a general media partner of the forum.

 

sputniknews.com

Comments: 0
Experts' Panel
Any advice to Trump?
All those who have contributed to the Trump - Pence "Make America...
Any advice to Trump?
Top
popular in the journal
St Petersburg International...

St Petersburg International...

National sovereignty as a precondition for trust between nations
“Are We Reading Russia Right?”

“Are We Reading Russia Right?”

RUSSIAN FEDERATION SITREP 31 MAY...

RUSSIAN FEDERATION SITREP 31 MAY...

RUSSIA: REALITY AND ILLUSION. In my employed days (10 years ago this week!) we Russia hands would periodically be visited by someone from our Embassy who would tell us ...
Heads of Russian and American...

Heads of Russian and American...

This was the first ever one-on-one meeting between the Russian and American Chiefs of the General Staff
As Neo-Nazis Gain Prominence in...

As Neo-Nazis Gain Prominence in...

No one, including the most ardent pro-Kiev advocates in the West, disputes the existence of the far-right and openly neo-nazi groups in Ukraine. However, the common ...