• 3 minutes Australian power prices go insane
  • 7 minutes Wind droughts
  • 11 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 33 mins Is Europe heading for winter of discontent with extensive gas shortages?
  • 6 hours Changing Gazprom ADRs to Russian shares
  • 8 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 2 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 4 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 5 days "How China Could Send LNG Prices Into The Stratosphere" by Irina Slav
  • 6 days The Federal Reserve and Money...Aspects which are not widely known
  • 7 days How Far Have We Really Gotten With Alternative Energy

Breaking News:

EIA Lowers U.S. Oil Production Forecast

UK Looks To Ramp Up Rare Earths Production

UK Looks To Ramp Up Rare Earths Production

The United Kingdon has released…

UK Electricity Theft Breaks Records As Energy Bills Soar

UK Electricity Theft Breaks Records As Energy Bills Soar

Soaring energy prices have fueled…

Russia Bets On Waste-To-Energy Plants

Russia is advancing projects to have waste-to-energy plants produce electricity, Sergei Ivanov, Special Presidential Representative for Environmental Protection, Ecology, and Transport said at an economic forum in Russia on Thursday.  

“Garbage will never end. It is just like the forest, the wind and the sun. I hope the sun will not go out, the wind will always be. We need to build incinerators so that there is less waste and more clean energy,” Ivanov said at the St. Petersburg International Economic Forum (SPIEF), as carried by Russia’s news agency TASS.

By building waste-to-energy incineration plants, Russia could try to solve its waste management issues, according to the presidential representative.

Five such plants are already under construction, and Russia will build another 25 waste-to-energy plants, Ivanov said.

The country will likely need hundreds of such plants, according to the official.

Russia hasn’t pledged net-zero emissions goals, unlike China, for example, which says it wants to become carbon neutral by 2060.

In Russia, natural gas will remain the leading energy source by 2050, according to BP’s latest Energy Outlook. The share of gas is set to grow to 57 percent of the primary energy mix in the Business-as-usual (BAU) scenario, hold steady at 48 percent in the Rapid scenario, and fall to 23 percent in BP’s Net Zero scenario for 2050.

At the same time, output from renewable energy sources is expected to grow significantly in all scenarios, driven mainly by wind power generation. The share of renewables of primary energy would grow to 4 percent in the Business-as-usual scenario, to 20 percent in the Rapid scenario, and to as much as 48 percent in the Net Zero. In this scenario, renewables would become the largest source of energy in Russia, according to BP’s scenarios for energy demand under different government and global policies. 

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • Lee James on June 05 2021 said:
    Is Russia really seeing incineration of "never ending garbage" as a solution for having clean energy? Is this incineration assisted by Russia's seemingly endless supply of natural gas?

    Convenient.

    Nothing that Russia does with energy strikes me as being motivated by concern for the planet

    -Lots of Greenwash in the pipeline. And, hopefully, the U.S. is now getting beyond some of its greenwash and denial of climate urgency.

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News