Information Group (part of an investment holding company FINAM) held a conference entitled Oil market: the price is encouraging. Participants at the forum believe that there is now a real alternative to oil in world energy balance is not. Its production can be stopped only a few decades after the emergence of new, efficient energy. In this capacity, can act as bio-fuels, but until it's too expensive.

In the medium term, there is no alternative to oil. Petroleum products can effectively substitute for electricity. However, more than half of oil consumption is in transportation, where the substitution of black gold is slow and has a lot of additional risk from hunger (in the case of biodiesel) to unemployment. In Russia initiated projects of renewable energy is RusGidro. However, the company is in financial difficulty and had wrapped a number of projects , - said the expert of the political environment, Russia Dmitry Abzalov. He agrees analyst IK Financial Bridge Dmitry Alexandrov: Do not forget that too often, alternative forms of transport require external charging, but here again depends on the method, which produces electric power, ie, hydro-, gas - or mazutogeneratsiya. And, most likely, that quickly, this situation will not change, it's just no need.

discuss with them the chief of department of macroeconomic analysis bank Petrocommerce Natalia Surikov: Well, not so that nobody wants. petrol engine of the long existing analogs, indeed, the most efficient, but with the possibility of charging the hybrid electric power obtained from alternative energy sources, renewables and to reduce the total carbon dioxide emissions, the cumulative positive effect for the user (consider the environment as part of welfare) is higher. Here the problem is that you need to make the equipment in large quantities (although the oil derrick is not eternal), I and political problem. The last of the plane conspiracy theories, I can speculate endlessly.

However, most participants in organized FINAM conference agreed that the world economy will gradually abandon the oil, not because of the exhaustion of reserves, but because of the emergence of more efficient resources. The Stone Age ended not because it ran out of stones and the oil age will end not because the end of oil - quoted the oil minister of Saudi Arabia, a leading expert of the Union neftegazopromyshlennikov Russia Rustam Tankaev. He predicts: The oil market will survive until the 2035-2040 year. In place of fuel oil will renewable fuels. Personally, I believe that the primary fuel will be hydrogen and oxygen produced in the catalytic decomposition of water. The energy will accumulate and give a catalyst. The main alternative to gasoline - ethanol, diesel fuel - oil.

However, while biofuels competitive only in the context of high oil. The volume, dynamics and profitability of biofuel production - a very difficult question because there are several regions in the world, where different conditions and production and consumption. Brazil - sugar cane and its oil production, Germany - rape, and lack of production, United States - corn, and net -oil imports, etc. Reed provides more than twice the output of biofuel per ton of raw material as compared to rapeseed, respectively, and profitability is positive even at $ 40 a barrel. From rape in Europe - about $ 65 in Russia, where the yield below - $ 75-80 , - told Mr. Alexandrov.

Department of Public Relations and Media Investment Holdings FINAM.
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