ANNUAL REPORT ON GLOBAL ENERGY FOUNDATION'S 2008 ACTIVITIES

ANNUAL REPORT
Global Energy Foundation
Activities

2008

What they don't know they don't wish, Ovid said.
Many wish they got the Global Energy Prize.

CONTENTS
3

Address by E.P. Velikhov, Chairman of the Board of Trustees 4
Address by I.M. Lobovsky, Executive Director 5
Mission. Strategy. Values. 6
Administrative bodies of the Foundation 7
International Award Committee 8
Membership of International Award Committee 9
Expert Council 10
Executive Directorate 11
2008 Global Energy Prize Laureates 12
Prize Projects
Nomination Process special project 14
Special project of the April Meeting of the Global Energy Prize
International Award Committee 17
Laureates’ Week special project 18
Energy of Thought special project 21
Energy of Youth special project 22
Energy of the Quill special project 24
Energy of Childhood special project 25
Energy of the Gulf special project 26
International events 27
What the press has to say about the Global Energy International Prize 31
2009 Agenda advertisement 34
Financial accounts of the Prize for 2008 35


Address by E.P. Velikhov,
4
Chairman of the Board of Trustees

Dear friends,

The mere existence of the Global Energy International Prize is
evidence that the energy sphere is and remains not only a critically
important realm of research byleading scientists of our time but also
an object of close regard by theleaders of all civilized countries.
But no general outline of energy technological engineering would be
possible without considering the role of the Russian Federation in the
specified context.
In regards to the elaboration of a strategy for development of this
country’s fuel and energy sector one ought to try to find ways of ensuring the development of power
engineering as an integrated complex to guarantee the use of each energy technology’s full potential.
It goes without saying that given the present situation the Russian Federation should develop and export
its oil and gas resources. However, theless fossil fuel we sell today, the greater effect we may recon on in
the future due to the sustaining trend for increase of expenditures associated with production of mineral
resources and their stock exhaustion.
Awareness in Russia has been rising with respect to an urgent need for a comprehensive re-evaluation
of the present state of things not only for further development but merely for reasonably adequate
sustenance.
The economy of such a great state cannot be based wholly on the export of energy resources and other
raw mineral resources. It is necessary to identify cross-roads of current and future interests of different
states that, on the one hand, can do without Russian resources and on the other – can be relied on to
provide assistance in reforming the Russian economy within a reasonably acceptable period.
One must provide conditions which are favourable for foreign investment and state-of-the-art
technologies not only for the short-term generation of profit, but also to ensure thelong-term
development of vast regions taken as a whole while harmoniously developing the rest of the country,
creating jobs and enhancing social welfare andliving standards.
Thus the Global Energy Prize serves not only as an incentive for further progress of theoretical energy-
related research but also to positively influence the economic “robustness” of nearly all countries of
the world. The Prize’s significance and the publicity it attracts as well as the material rewardenables
scientists from different countries to contribute to the development of their national fuel-and-energy
sectors and to promote the implementation of new technologies.

Chairman of the Global Energy
Board of Trustees
Academician E.P. Velikhov


Address by I.M. Lobovsky,
5
Executive Director
Dear colleagues and friends,

Following the tradition established during the previous six years, the
sixth Prize Cycle of 2008 was highly eventful and emotionally charged:
we held the traditional award ceremony, organized the Global Energy
road-shows in Europe and Asia, concluded the fifth Energy of Youth All-
Russian Competition with research grants and development activities
assigned to six deserving teams of young scientists from Obninsk,
Irkutsk, Kazan and Moscow.
Among the noteworthy international events we attended in 2008 were:
the International Forum in Verona, the Economic Forum in Budapest and
the World Economic Summit in Bahrain.
In 2008 new members of the Prize International Award Committee were
elected and confirmed. This was the third change in the Committee composition effected pursuant to the
Prize Statute provisions due to outgoing members’ terms of office having expired. Among the newly elected
members of the International Committee are representatives from twelve countries, including scientists,
economists and public figures, all occupationally related to the energy sector and ranking as major
specialists in solution of tasks and issues relevant to the industry. For the first time that the proportion of
Russian and foreign representatives on the International Committee membership has reached 40%:60%.
Last December a new project waslaunched called the Energy of Childhood All-Russian Competition of
Energy-related Projects by Children. The competition is aimed at stimulating children’s research skills,
literary talents, artistic and musical creativity and developing a positive attitude to the industry.
We are glad that the Board of Trustees have appreciated and accepted our proposal to encourage greater
involvement of young scientists into expert activities: winners of the Energy of Youth competitions can
now take an active part in proceedings of the Expert Council.
In 2009 we are to address even more important tasks for developing and implementinglarge scale projects.
Following the Prize motto “Keeping Traditions, Moving Ahead”, we shall develop, act, tackle difficulties and
overcome obstacles regardless of the hard times experienced by the whole of the global community.
During the current year we expect to further develop cooperation with regions shaping the world power
industry with the states of the Persian Gulf having a special priority. Among the undertakings scheduled
for April 2009 are: the first Meeting of the newly composed Prize International Award Committee, the
highly eventful Laureates’ Week and Global Energy Prize Award Ceremony with the participation of the
President of the Russian Federation, Dmitry A. Medvedev, the culmination phase of the sixth Energy of Youth
Competition for Research Projects in the Field of Energy Technology and the introduction of new format for
the research grant ceremony. We alsolook forward to the excitement and surprises which are sure to be in
store for us when our Energy of Childhood competitionletsloose our children’s creativity.
We sincerely count on your support and participation in the activities of the Foundation and our projects.

Executive Director
of the Global Energy Prize
I.M. Lobovsky


Mission. Strategy. Values.
6
The Global Energy International Prize is one of the world’s major scientific awards
and the largest one to be conferred for achievement in the sphere of energy and power engineering.
This independent Prize is awarded for outstanding research activities and developments
in the field of energy.

MISSION VALUES

To promote increased efficiency of existing Competence. In our activities we rely on the
energy sources as well as the development on highest standards of venue organization,
new ones, which are more efficient, safer and administration and comprehensive analysis
environmentally friendlier, for the benefit of the of scientific trends; striving for constant
whole of humanity. improvement we support creative initiatives
To enhance the image of the Russian Federation and promote professional growth for our staff
and the companies that founded the Global Energy members.
Prize in establishing themselves as fullylegitimate
and reliableleaders, attractive in their confidence, Honesty and privacy. Our behaviour towards all our
robustness and vigour with regard to both current partners,laureates, nominees, members of staff and
andlong-term plans. other parties is invariably honest and respectful.
It is not only theletter, but also the spirit of the
STRATEGY law that we obey.

To achieve the goals set out by its mission Informational transparency. We support both
statement the Global Energy Foundation has positive exchange of information within the
adopted a strategy including the following Foundation and open communication with outside
components: parties concerned.
- promotion of theoretical and applied research
and developments in the field of energy Social responsibility. We contribute to the
technology; scientific and educational well-being of society
- provision of incentives toleading specialists through the implementation of awareness and
and research entities from different countries cultural projects.
to become involved in solution of major energy-
related problems faced by the global community;
- increasing public awareness with regard to the
importance of effective solution of energy related
problems which arelarge scale and extremely
relevant for mankind’s future development.


Administrative bodies of the Foundation
7
Administrative bodies of the Global Energy Foundation are as follows:
• Prize Board of Trustees
• Prize International Award Committee
• Expert Council under the Prize International Award Committee
• Prize Executive Directorate

BOARD OF TRUSTEES administrative bodies (including introduction of
amendments) as well as of the Prize administrative
The Prize Board of Trustees is responsible bodies overall framework;
for general administration and the financial - decides and approves the Prize International
framework of the Prize award, its basic powers are: Award Committee quantitative composition and
- supervision of the Prize administrative bodies’ membership;
operation; - appoints the Chairman and Academic Secretary
- annual assignment of financial value of Prize; of the Prize International Award Committee as well
- estimate of the annual budget of expenditures as the Chairman of the Expert Council for the Prize.
associated with organizational, technical,
specialist, informational and other forms of Members of the Board of Trustees do not take part
support for the processes of nomination, award nominating, reviewing of qualification papers
and presentation of the Prize; submitted and final Prize award decision-making
- formal approval of the Prize Statutes and the unless they are members of the Prize International
Regulations governing operation of the Prize Award Committee at the same time.

Membership of the Global Energy International Prize Board of Trustees

V.L. Bogdanov – Director General of Surgutneftegas JSC
E.P. Velikhov – Academician RAS, President of the Kurchatov Institute Russian Research
Centre, Chairman of the Global Energy International Prize Board of Trustees
M.S. Gorbachev – Nobel Peace Prize Laureate, President of the International
Non-Governmental Foundation for Socio-Economic
and Political Studies (Gorbachev Foundation)
S.V. Kirienko – Director General of Rosatom State Nuclear Energy Corporation
A.B. Miller – Chairman of the Board of Gasprom JSC
V.P. Smirnov – Academician RAS, Director of the Institute for Nuclear Fusion attached
to the Kurchatov Institute Russian Research Centre, Chairman
of the Prize International Award Committee
V.Yu. Sinyugin – Chairman of the Board of GidroOGK JSC
I.H. Yusufov – Special Representative of President of the Russian Federation
for International Energy Cooperation
S.V. Yastrzhembsky – Former Aide to President of the Russian Federation, Director General
of Huntessential Fishfantastic Company


International Award Committee
8
To provide for the Prize organizational proceedings administration and annual award of the Prize
the Prize Board of Trustees appoints the Prize International Award Committee to remain in office
for a term of five years. The Committee membership may include directors of well respected
research entities, eminent scientists internationally recognized for their achievements in the
sphere of energy, statesmen and public figures (representing both Russia and foreign countries).
The Prize International Award Committee quantitative composition and membership are to be
decided on, formally approved and publicized by the Prize Board of Trustees prior to commencement
of acceptance of qualification papers by contenders for the Prize. Activities of the Prize
International Award Committee are constantly monitored by the Chairman and Academic Secretary
of the Prize International Award Committee appointed by the Board of Trustees of the Prize for a
five year term.

Basic powers of the Prize International Award Committee are as follows:
• provision for nomination and nominee selection proceedings
• formal approval of the nomination form submitted by authorized nominators
for the Prize
• determination of thelist of scientists specifically invited to be the current year’s
nominators for the Prize
• appointment and confirmation of members of the Expert Council for the Prize
• setting the deadline for arrival of submissions, selection of nominees, decision-making,
laureates declaration and Prize presentation
• formal approval of the procedure for selection of qualification papers by the Expert
Council for the Prize including provision for possibility of selection from among all the
nominees that have submitted their work both in the current year and in previous years
(with the exception of Laureates)
• decision on the winner of the Global Energy International Prize
Composition and membership of the Prize International Award Committee is decided upon and
formally approved by the Board of Trustees.


Membership of International Award Committee
9

EDUARD PETROVICH VOLKOV MIKHAIL IVANOVICH EPOV
Russia Russia
Executive Director of the Krzhizhanovsky Power Director of the Trofimuk Institute of Petroleum Geology
Engineering Institute and Geophysics attached to the Siberian Branch of the
Russian Academy of Sciences
NIKOLAY IVANOVICH VOROPAY
Russia ALVIN TRIVELPIECE
Director of the Melentiev Energy Systems Institute, USA
Corresponding Member RAS Consultant, Director, Oak Ridge National Laboratory
ANATOLY FEDOROVICH DYAKOV ANNE LAUVERGEON
Russia France
President of the Nonprofit Partnership UES Scientific Director General of AREVA group
and Technical Council
RAJ BALDEV
KVINT VLADIMIR LVOVICH India
Russia/USA Scientist, Director of Indira Gandhi Centre for Atomic
Chair of the Department of Financial Strategy at the Research
Moscow School of Economics attached to Lomonosov
Moscow State University CLEMENT BOWMAN
Canada
ALEXANDER VICTOROVICH KLIMENKO Chairman of ProGrid Ventures Inc.
Russia
Deputy Director of the Federal Agency for Science and JOSE GOLDEMBERG
Innovation Brazil
Professor, Academy of Science of Brazil
YURY ALEXEYEVICH KOVALENKO
Russia KLAUS RIEDLE
Director General of the Lenin All-Russian Electro- Germany
Technical Institute Federal State Unitary Enterprise Professor, Doctor
NIKOLAY NIKOLAYEVICH KUDRYAVTSEV LASZLO KAPOLYI
Russi Hungary
Rector of Moscow Institute of Physics and Technology President of System Consulting
ALEXEY MIKHAILOVICH MASTEPANOV MASAJI YOSHIKAWA
Russia Japan
Advisor to Deputy Chairman of the Gasprom JSC Board Senior Advisor to Research Organization for
International Science and Technology
VALENTIN NIKOLAYEVICH PARMON
ROBERT AIMAR
Russia France
Director of the Boreskov Catalyst Institute attached to Ex-Director General of CERN
the Siberian Branch of the Russian Academy of Sciences
ROBERT HIRSCH
VLADA VILORIKOVNA RUSAKOVA USA
Russia Senior Energy Advisor to Management Information
Member of Board and Head of Strategic Development Services, Inc. (MISI)
Department of Gasprom JSC
THORSTEINN SIGFUSSON
VALENTIN PANTELEIMONOVICH SMIRNOV Iceland
Russia Director General of Innovation Centre Iceland and
Deputy Director for Research of the Kurchatov Institute University of Iceland, Professor
Russian Research Centre
THOMAS BLEES
RUDOLF MIKHAILOVICH TER-SARKISOV USA
Russia President of Science Council for Global Initiatives
First Deputy Director General – General Project Manager
of Gasprom Dobycha Shelf LLC PIUS YASEBASI NG’WANDU
Tanzania
MIKHAIL PETROVICH FEDOROV Managing Director of Yaseconsult Ltd
Russia
Rector of State Educational Institution for Higher WILLIAM MARTIN
Vocational Education St. Petersburg State Polytechnical USA
University, Advisor to the Board of RusGidro, President of US Nuclear Energy Advisory Committee
Corresponding Member RAS


Expert Council
10
To carry out a preliminary review of the qualification papers nominated for the Prize the Prize
International Award Committee appoints an Expert Council for the Prize. The Expert Council for the
Prize is a body under the Prize International Award Committee. The Expert Council quantitative
composition and membership are defined by the Prize International Award Committee, for a term
of three years. The Expert Council composition and membership are to be decided on and formally
approved of by the Prize International Award Committee prior to commencement of qualification
papers acceptance. Chairman of the Expert Council for the Prize is appointed by the Prize Board of
Trustees from among the Prize International Award Committee members for a term of three years.
Primary mission of the Expert Council is the preparation of a detailed presentation featuring an overview
of the qualification papers admitted for participation in the competition and analysis of atleast five
papers recommended to the Prize International Award Committee for their decision at the meeting held
in April.
Furthermore, the Expert Council undertakes expert evaluation of qualification papers submitted for
assignment of Global Energy grants within the framework of the All-Russian Youth Competition for
Research Projects in the Field of Energy Technology.
Membership of the Expert Council is never publicized and the Council members do not have the right to
make any public comments on issues related to the Project operation.


Executive Directorate
11
The Prize Executive Directorate is responsible for the operational and financial activities of the
foundation, Prize presentation preparation and organization as well as legal and informational
support. The Foundation Executive Directorate forms part of the Prize Executive Directorate with
the Foundation Executive Director serving as the Prize Executive Director.
The Prize Executive Directorate is vested with the following powers:
• carry out organizational and technical work related to the Prize operation;
• organizational, financial and material provision for operation of the Prize Board of Trustees,
the Prize International Award Committee and the Prize Management Board;
• publication of the present Statutes and data on the qualification papers acceptance timeframe,
selection of nominees, decision-making,laureates declaration and presentation of the Prize, time,
place, and procedure of the award ceremony as well as any other Prize-related information;
• performance of work related to acceptance of documents submitted by the contenders and their
review against the applicable requirements;
• preparation of materials selected and their presentation for consideration by the Expert Council for
the Prize;
• organizational provision for meetings of the Expert Council for the Prize and the Prize International
Award Committee;
• publication of decisions taken on the Prize award issue;
• management of records in relation to the Prize organization and award;
• specification of the rules for the Award Ceremony;
• organizational provision for the procedure of ceremonious presentation of diplomas, medals and the
Prize itself to thelaureates;
• information support of the Award Ceremony;
• covering expenses associated with financial provision for the above-mentioned events and other
Prize-related programs as well as and the operation of the Prize administrative bodies;
• resolution of other organizational, financial, and technical issues associated with the Prize
administration.


2008 Global Energy Laureates
12
Research work by E.P. Volkov and C. Bowman deals with theoretical substantiation of highly
efficient processes and development of innovative technologies for production of synthetic fuels
from bituminous shales and oil sands.

E.P. VOLKOV is aleading investigator into combustion processes and ecologically substantiated
processing of solid fuels.
C. Bowman is a world-famous scientist and expert in bituminous sands processing technologies.
Their efforts have resulted in development and industrial commercialization of efficient and highly
remunerative plants for production of synthetic oil and high energy incondensable pyrolytic gas from
HHC-containing shale and sands.
E.P. Volkov supervised development of plants that enable processing 1 mln t shales annually and ensure
the highest cost efficiency ratings possible with oil production cost varying within the range of 17–20
USD per barrel.
It was under C. Bowman’s supervision that plants for bituminous sands processing were developed and
commissioned for industrial-scale service in Alberta Province (Canada) whose commercial operation
provides for annual production of millions of barrels of syntheticliquid fuels.
There are plans for construction and commissioning of similar plants in China, Turkey, Jordan, Israel,
Germany, Morocco, Japan and USA.
In the 21st century with the steady depletion of available oil reserves the technologies proposed
highlight a promising trend for enhanced efficiency of global energy resources development.

E.P. VOLKOV was born on July 18, 1938. In 1961 he graduated from Krzhizhanovsky Moscow Power
Engineering Institute which he eventually came to head in 1986. In 2006 E.P. Volkov was elected
Academician of the Russian Academy of Sciences. He is Vice President of the International Energy House
in Moscow, Member of the Board of the European Energy Club, Chairman of the Committee for Renewable
Energy Issues under the World Energy Council (WEC).
Doctor C. Bowman is a renowned scientist specialising in production of oil from bituminous sands. He
has conducted research into molecular and interphase properties of bituminous sands and designed
techniques for their processing. In 1964 he supervised deployment of facilities for industrial-scale
processing of bituminous sands at Athabasca deposit (project by Syncrude Consortium). In 1975 he
undertook a series of applied studies extracting oil from deep sands. In 1978 Syncrude Consortium
produced the first batch of synthetic oil; further successful operation of the plant has annually yielding
some hundred thousand barrels on average.
During 1987–1993 C. Bowman supervised design of a test installation for further enhancement of the
technology for production of oil from bituminous sands. Since 2007 he has been head of the research
team under the Canadian Academy of Engineering in charge of the basic directions of the country’s
energy sector development. C. Bowman is author of 40 published scientific papers and holder of 13
patents.
During 1975–1985 C. Bowman occupied the post of Chairman of Crown Corporation of Alberta Oil Sands
Technology and Research Authority (AOSTRA). It was during this time that the oil industry received
a huge impetus for development and multiple oil production and processing projects began yielding
profits. “That was one of thelargest scale research programmes ever undertaken in Canada” (Merv Leitch,
Minister of Energy and Mineral Resources of Alberta Province)
C. Bowman was born on January 7, 1930 in Toronto (Canada). In 1952 he graduated from the University
of Toronto as a Chemical Engineer. At different times he worked for Dupont of Canada, Imperial Oil


Enterprises Ltd. and Esso-Petroleum Canada, occupied the posts of Research Supervisor with Syncrude
Canada Ltd. Corporation and Oil Department CEO with Imperial Oil Enterprises Ltd. Since 2006 C. Bowman
has directed ProGrid Ventures Inc. 13

O.N. FAVORSKY is an eminent scientist whose major focus is the applied study of gas dynamics, design
and development of gas-turbine power plants for decentralized terrestrial and extraterrestrial electric
power systems as well as gas transportation. Under his supervision multiple magnetic-gas-hydrodynamic,
thermoelectric and thermo-emissive electric installations for spacecrafts have been developed. O.N.
Favorsky was Chief Designer of P-27-0300 and P-74-300 aircraft engines that were eventually redesigned
into GTE-20 and GTE-30 gas turbine plants that are capable of replacing gas boilers and ensure reduction
of gas consumption combined with reliable decentralization of thermal and energy efficiency.
O.N. Favorsky’s efforts enabled the conversion of high and medium energy aircraft gas turbine plants
with Gasprom JSC gas processing stations within the tightest timeframe possible.
O.N. Favorsky was born on January 27, 1929. Having graduated from Moscow Aviation Institute in 1951 he
advanced from a rank-and-file engineer to the position of First Deputy Director of the Central Institute
for Aviation Engine Building during 1951-1973. He then qualified as Chief Designer, headed Soyuz
Research and Production Association and occupied the post of Vice President at the Academy of Aviation
and Aeronautics and the International Energy Academy.
In 1990 O.N. Favorsky was elected an Academician of the Russian Academy of Sciences. Since 2003
he has been Deputy Academician-Secretary of the Russian Academy of Sciences’ Department of Power
Engineering, Machine Building, Mechanics and Control Processes, supervisor of Power Engineering section
and the research councils for Thermal Physics and Thermal Energy and Problems of the Russian Power
Industry Development, Bureau Member with Scientific and Technical Councils of RAO UES of Russia
and Gasprom JSC, Chairman of the Scientific and Technical Committee of the Russian Foundation for
Technological Development.


PRIZE PROJECTS
14
Nomination Process special project
PRIZE PROJECTS

The number of scientific papers submitted by way of nomination for the Global Energy Prize has
significantly increased over the 2003 - 2008 period of the project’s history. There is also a pronounced
trend for expansion of the papers’ topical coverage. This is yet more confirmation of the steady growth of
interest in the Prize both domestically and internationally.
Judging by the six years’ experience of the Foundation’s operation one may observe a direct correlation
between the number of nominators and the quality of papers submitted: indeed, the wider the net – the
greater the opportunity to catch a big fish. In 2008 over 1200 scientists from all over the world received
nomination forms for the Global Energy Prize International Award Committee. Of these only five papers
were selected by the Expert Council and declared Laureates in April 2008.

GROWTH IN THE NUMBER OF NOMINATION FORMS EXAMINED
BY THE AWARD COMMITTEE FROM 2003 TO 2008


TOPICAL DISTRIBUTION OF SCIENTIFIC PAPERS SUBMITTED
BY WAY OF NOMINATION FOR THE PRIZE 15

PRIZE PROJECTS
COUNTRIES REPRESENTED BY NOMINEES FOR THE PRIZE


POSITIVE GROWTH IN NUMBER OF NOMINATING SCIENTISTS
16
PRIZE PROJECTS

NUMBER OF COUNTRIES INVOLVED IN THE NOMINATION PROCESS 2003-2008


Special project of the April Meeting
17
of the Global Energy Prize International

PRIZE PROJECTS
Award Committee
On April 14 a meeting of the Global Energy Prize International Award Committee was held with thirty
leading scientists from ten countries was held in Moscow to consider the 182 nomination papers that had
been submitted and select three of them for the Global Energy International Prize 2008.
It was for the first time that modifications were introduced to the operational procedures of the
International Committee envisaging deployment of a remote transfer system using LAN technology
and a terminal server.
The above system ensures real-time transfer of presentation and other data to multiple remote terminal
units. The user workstation (which was that of the International Committee member for the purposes of
the meeting referred to) is equipped so as to enable such options as paging through the tablelisting the
nominees for the Prize, activation of hyperlinks for a multiple-level downward jump, detailed study of data
configured as per individual nominee and table/presentation toggle.
In this way the International Committee members might choose to operate in any functional mode
including that of a standalone PC.
The 2008 Global Energy Prize Laureates were elected by secret ballot by the International Committee
members with their names publicized at the international press-conference held on April 16.


Laureates’ Week special project
18
In June St. Petersburg hosted the third Energy of the Future Laureates’ Week, its programme
PRIZE PROJECTS

featured a series of important scientific and social events. The focus of the Week’s programme
Award Ceremony for Global Energy International Prize with the Prize given by the newly elected
President of the Russian Federation, Dmitry Medvedev.

On June 4 the Energy of the Future Week began with the Laureates’ meeting young scientists from
St. Petersburg.

On the same day, at midday, a press-conference was held at the St. Petersburg regional ITAR-TASS info
centre which included the participation of both winners of the second Energy of Youth All-Russian
Youth Competition for Research Projects in the Field of Energy Technology and the 2008 Global Energy
International Prize Laureates.


19

PRIZE PROJECTS
On June 5 the Energy of Thought International Academic and Research Symposium brought together
scientists of different generations to participate in debates and discussions. The 2008 Global Energy
Laureates traditionally deliveredlectures on topics related to their prize-winning achievements while
young scientists set out and rationalized their propositions for the solution of urgent global, energy
related problems. Winners of the second Energy of Youth All-Russian Youth Competition for Research
Projects in the Field of Energy Technology reported on the results of their activities covered by the Global
Energy Foundation grants assigned within the framework of the youth programme.

On June 6 at 4.00 p.m. the Global Energy International Prize Laureates’ briefing was organized in the
presence of the Laureates, Chairman of the Prize Board of Trustees, Academician Evgeny Velikhov,
Chairman of the Prize International Award Committee, Academician Fedor Mitenkov and Executive
Director of Global Energy Prize, Igor Lobovsky.
On the evening of the same day an executive joint meeting of the Prize International Award Committee
and the Expert Council took place, among the agenda items being the formal approval of thelist of
scientists authorized to be the Prize nominators for 2009 (in 2008 on thelist there were alittleless than
1200 persons).
June 7 was the day of the Award Ceremony for the Global Energy International Prize.
The ceremony was held at Lenexpo Pavilion 8А at the same time as the twelfth International Economic
Forum in St. Petersburg. The commemoratives (a Grand Gold Medal, a Diploma of Honour and a Laureate’s
badge) were presented to the winners by the President of the Russian Federation, Dmitry Medvedev. In
addition to that each Laureate received a gift of money. In 2008 the Global Energy prize fund came to
amount to 30 million roubles.


The ceremony was attended by Russian statesmen, eminent scientists including former years’ Laureates
20 of the Global Energy Prize, CEOs of Russian and foreign power engineering businesses, celebrated cultural
and artistic figures.
PRIZE PROJECTS

In the evening a social function was arranged in honour of the Global Energy International Prize
Laureates.

Award ceremony

On June 7 the Global Energy International Prize ceremony was held
simultaneously with the twelfth International Economic Forum in St.
Petersburg, at Lenexpo Pavilion 8А.

President Dmitry Medvedev of the Russian Federation presented the
Prize to the 2008 Laureates: Academician Eduard Volkov (Russia),
Doctor Clement Bowman (Canada) and Academician Oleg Favorsky
(Russia).

Each of them received from the President
a Grand Gold Medal as well as a Diploma
of Honour and a Laureate’s golden
commemorative badge. The Global Energy
prize fund amounted to 30 million roubles.

On the evening of the same day a social
function in honour of the Global Energy
International Prize Laureates was arranged at
the Yusupov Palace in St. Petersburg.


Energy оf Thought special project
21
On June 5, 2008 the Energy of Thought International Academic and Research Symposium was held,

PRIZE PROJECTS
initiated by the Global Energy International Foundation.
The unique scientific event was conceived as an event within the framework of the Energy of the Future
Special Laureates' Week.
On the programme of the Energy of Thought International Academic Symposium werelectures delivered
by the 2008 Global Energy Laureates as well as presentation of reports by young Russian scientists
awarded prizes in the second Energy of Youth All-Russian Youth Competition for Research Projects in the
Field of Energy Technology organized in 2005 who described the results of their activities covered by the
Global Energy Foundation grants.


Energy оf Youth special project
22
PRIZE PROJECTS

On December 17, 2008 the gilded suites of the Russian Academy of Sciences’ House of Scientists hosted
the award ceremony for the fifth Energy of Youth All-Russian Youth Competition for Research Projects in
the Field of Energy Technology; such is the Global Energy Foundation’s way of recognizing and rewarding
the most noteworthy research and creative achievements by young scientists.

The award ceremony was opened by Academician Evgeny Velikhov reading out the salutatory address by
President of the Russian Federation, Dmitry Medvedev, which specifically stated: “During its five year
history the competition held by the Global Energy Foundation has developed into a tradition providing
young scientists the first steps to develop and implement their innovative ideas and projects”.


23

PRIZE PROJECTS
The grants announced were applied for by teams of young researchers from dozens of cities all over
Russia but only six of them were nominated winners by the Expert Council. They represented the
Melentiev Energy Systems Institute of the Russian Academy of Sciences’ Siberian Branch (Irkutsk),
Faculty of Material Science and Faculty of Chemistry of Lomonosov Moscow State University, Leypunsky
Institute of Physics and Power Engineering (Obninsk), Moscow Power Engineering Institute and
Research Centre for Power Engineering Problems of Kazan Scientific Centre of the Russian Academy of
Sciences. The prize-winning research projects deal with currently urgent power engineering problems
such as energy efficiency, improvement in the energy production process in terms of effectiveness and
environmental safety and use of alternative energy sources. Implementation of solutions and ideas
proposed by young scientists may enablelarge-scale economic savings and minimize the use of other
resources.

“Utilization of relatively inexpensive and environmentally friendly energy sources is a problem that
has acquired special relevance for us today. Even the daily news broadcasts give a fairly good idea of its
profoundness and acuteness. Development of oil and gas deposits provides us with a certain amount of
time to enable us to develop a fundamental solution to the problem. It’s hardly worth wasting time on
lengthier and basically fruitless discussions of whether the available hydrocarbon resources arelikely to
last 30 or 100 years: the problem has to be tackled anyway”, stated Oleg Voronin, one of the Energy of
Youthlaureates. The Energy of Youth Prize was instituted by the Global Energy Foundation specifically to
enable young scientists concerned about development of domestic and global power industry to have a
chance to contribute to solution of problems arising at everylevel within their capacities.

As noted in his opening address by President of the Russian Federation, technical progress is essential for
sustainable economic development. Progress, in its turn, depends on the availability of highly qualified
research specialists, thelatter’s training being one of the key objectives of the Global Energy Foundation.

Having received their medals and grants, the competition winners will be able to proceed with their
research on condition that the results finally attained will be publicized nolater than two years after the
award presentation. In this way the Foundation carries out another important task to increase the global
bank of knowledge and help resolve urgent problems faced by human civilization.


Energy оf the Quill special project
24
PRIZE PROJECTS

It is already for a fifth time that the Energy of the Quill competition has been held. Its purpose is to
attract public attention to innovative developments in the sphere of energy production and technology
as well as publicize Global Energy International Foundation ideas.
The Energy of the Quill is awarded for highly professional, competent, knowledge-intensive and
significant coverage of scientific achievements in the field of energy and power engineering following
the criteria applicable to valuation of papers nominated for the Global Energy Prize (humanitarian appeal,
global scope, practical usefulness for humanity).

Among previous years’ Laureates are RIA Novosti and A. Kolesnikov (Kommersant newspaper), Rosbalt and
M. Astvatsaturyan (Echo of Moscow radio station), S. Leskov (Izvestia newspaper) and RosInvest.
The 2008laureates were Channel One and the TV reporter Olga Sukhova nominated for coverage of the
GEIP Award Ceremony and Tribuna newspaper that had published a series of articles on topics related to
power engineering.


Energy of Childhood special project
25

PRIZE PROJECTS
The mission of the competition is to publicize children’s research skills,literary talent, artistic and
musical creativity aimed at development of creative thinking and formation of a positive attitude to the
power engineering industry.
Primarily targeted for involvement of Russian children aged 5–17, the competition is in no way restrictive,
receiving entries from children from other countries of the world.
The Competition programme included the following nomination categories: Literary Creation, Visual Art,
Computer Technologies, Photography and Amateur Video Filming, Modeling, Musical Composition.
Energy of Childhood initiative gathered wide support all over Russia. Regional authorities of Murmansk,
Vladimir, Perm, Chita, Kaliningrad, Tambov, Novosibirsk and other cities of the country expressed their
gratitude and preparedness to assist in organising such a competition. There are few national-scale
“senior” competitions demonstrating such wide geographical coverage.
Meanwhile, it was only in December 2008 that the initiative of the Energy of Childhood All-Russian
Competition of Energy-related Projects by Children was first publicized at the ceremony of the Energy of
Youth grants presentation. There is special symbolism in the fact that it was announced by the nine-year
old Xenia Missarzhevskaya, participant of the Moscow Club of Researchers.


Energy of the Gulf special project
26
PRIZE PROJECTS

The Global Energy Foundation and the Bahrain World Economic Summit Organization are intent on
establishing centres for innovation and education in Bahrain and (later on) other Persian Gulf countries
(especially Kuwait and Saudi Arabia) with a priority view of provision for regional-scale development and
implementation of knowledge-intensive high-tech energy technologies as well as for children and young
people having the opportunity tolearn the Russianlanguage and further receive vocational training to
finally qualify as energy sector specialists.
At the same time, by way of accelerated implementation of the programme for instructing students
from the Persian Gulf countries in natural sciences, the Global Energy Foundation will arrange for the
arrival of the required number of English-speaking professors to deliver courses oflectures on previously
coordinated and approved energy-related topics at the University of Bahrain and eventually at tertiary
institutions of other Gulf states. The Bahrain World Economic Summit Organization undertakes to
provide for coordination of thelecture courses topical specialization and the curricular schedules of the
professors’ employment as well as for the professors’ comfortable accommodation, travel, board and other
commodities essential for the effectiveness of their activities.
In summer the first group of children from the Gulf countries to have taken a course of Russianlanguage
are invited to spend vacations with their Russian peers and receive further education at a children’s
summer camplocated in the Moscow Region.
Based on the results of the first year of cooperation the parties will decide on whether to extend
the scope of tasks and objectives addressed by the centres, primarily with regard to the investment
component of their activities.


International events
27

Second EUROPE-UKRAINE Economic Forum

On February 27-29, 2008 the second EUROPE-UKRAINE Economic Forum took place in Kyiv (Ukraine)
dedicated to such issues as the future of United Europe, its stability and development and provision for
mutually beneficial cooperation of European states. The Forum was opened by President of the Ukraine,
Victor Yushchenko. In his welcome address he specially emphasized the role of Russia as the Ukraine’s
strategic partner and noted he was basically satisfied with the recent developments of the two country’s
relations.
On the third day of the second EUROPE-UKRAINE Economic Forum a presentation was organized by the
Global Energy International Foundation which caused a great deal of excitement.
Executive Director of the Foundation I.M. Lobovsky talked about the Prize’s history, Laureates and
development prospects and made a report at a seminar on energy security.
Completely devoid of political overtones, the address by the Global Energy Foundation’s representative
served to simply and clearly reveal the opinion of the academic community.

Alternative Energy International Forum in Verona (Italy)

On February 15, 2008 in Verona (Italy) the Alternative Energy International Forum was opened with the
Global Energy Foundation acting one of its co-organizers.
The venue brought together chief executives of state institutions, international associations andleading
energy industry businesses as well as major experts in energy polices to discuss key problems related to
alternative energy.
The International Forum participants were addressed by Mayor of Verona Flavio Tosi, President of the
Conoscere Eurasia Association Eugenio Caponi, Deputy Head of the Russian Federation Government Office
Mikhail Kopeikin, Deputy Minister of Industry and Energy of the Russian Federation Anatoly Yankovsky,
Co-chairman of the Russian-and-Italian Forum in the Line of Civil Societies, Member of the Global Energy
Prize Board of Trustees Sergey Yastrzhembsky.


28

Additionally, the Forum opening ceremony was attended by representatives of nearly all constitutor
entities and partners of the Global Energy International Foundation: CEO of Gasprom JSC Department
for Foreign Economic Activities S. Tsyganov, Deputy Director General of the Kurchatov Institute Russian
Research Centre M. Rychev, Deputy Chairman of Board of GidroOGK JSC V. Zubakin and others.

Third Energy Forum in Budapest (Hungary)

On October 26-29, 2008 the third Energy Forum was held in Budapest under the auspices of President of
Hungary, L szl S lyom.
Already a few hours after the official opening one could see the relations between Russia, the USA and
EU were evolving in a controversial way. On the one hand, there were charges vehemently put forward
against Russia in connection with the recent development in the Caucasus by representatives of Georgia
(G. Baranidze), Hungary (V. Orb n), Poland (A. Zybertowicz) and the USA (B. Grey, K. Smith). On the other
– there were contracts for supply of Russian energy resources concluded with European countries which
will be valid until 2050.

However, it was analytical estimates that aroused the keenest interest. In particular, a Romanian delegate
K. Gus declared that the Nabucco Pipeline project should only be implemented if Russia becomes involved
in the process. T. Hobert, S. Sletner and J. Martins reported on the valuable experience accumulated with
regard to energy strategy developed by Sweden, Norway and Portugal accordingly. Furthermore data was


made public on estimations which indicated that unless measures are taken mitigate climatic change and
improve the existing situation in the energy sector 100 million people willlose their habitual residences
in the near future with all available energy resources (hydrocarbons and uranium) being depleted by the 29
end of the century.
Energy mix has recently been the most relevant topic for discussion and I. Lobovsky, Executive Director
of the Global Energy International Prize, touched upon it in his report which he delivered in the capacity
of Moderator of the main panel of the conference for the Role of Alternative Sources in an Energy Mix.
He admitted that the currently urgent energy related problems might be addressed by international
initiatives for investment and protection of the environment and development programmes as well as
through transparency of information concerning energy sources and technologies. However, having
scientifically analyzed all the available energy sources and identified their strong and weak points, he
came to the conclusion that the only practical solution was to stimulate research into renewable and
non-renewable energy sources. The Global Energy Prize was established by the Russian Federation and is
the only award of its kind that follows such a policy 100%. This becomes evident if one considers research
specialization areas of the recent years’ Laureates including ITER project, hydrogen energy and synthetic
oil production.
The “round-table” discussion proceeded in a homely atmosphere. Representatives of Hungary noted that,
being an intellectually sophisticated nation with sixteen countrymen having been awarded the Nobel
Prize, their country failed to rank among the world energy industryleaders having to import 95% of the
energy resources consumed. But a real storm of applause was elicited by Martha Bonifert, Director of the
Regional Centre for Protection of the Environment. Through efficient management of sponsorship the
Centre headed by her had succeeded in turning the house their office was accommodated in, constructed
in 1950, into a zero-energy building equipped with state of the art systems.

Bahrain World Economic Summit

On November 17-18, 2008 the Kingdom of Bahrain hosted the World Economic Summit held under the
auspices of the country’s Royal Family.
The Chairman of the Global Energy Prize Board of Trustees, Academician E.P. Velikhov, was invited to
occupy the position of Honorary Chairman of the World Economic Summit High Committee.


30

E.P. Velikhov made a speech at the Summit opening venue and delivered a report at the plenary
meeting. In addition he moderated the master round-table discussion of “Globalization Problems and
Environmental Protection”.
In his address Evgeny Velikhov presented a comprehensive review of the current state of the world’s
energy industry during the economic crisis and outlined approaches for addressing the energy problem
mankind faces. Furthermore, at a meeting with students and professors of the University of Bahrain
(which regionally ranks as one of thelargest polytechnic high schools) he dwelt on the importance of the
Global Energy initiative and its role in stimulating solutions to the global energy problem.

Within the framework of the Summit activities there was also a report delivered by I. Lobovsky, Executive
Director of the Global Energy Foundation, on the Global Energy International Prize acting as an incentive
for the global advance of science and an accelerated solution to the global, energy problem.


What the press has to say about the Global Energy
31
International Prize

E. VELIKHOV: THE ESTABLISHMENT OF THE GLOBAL ENERGY INTERNATIONAL PRIZE IS A GOOD OPPORTUNITY TO MOTIVATE
SCIENTISTS AROUND THE GLOBE TO STRIVE FOR OUTSTANDING ACHIEVEMENTS.
The famous Russian scientist, Academician E. Velikhov believes that the foundation of the international scientific award,
the Global Energy International Prize, is a good opportunity to motivate scientists and talented young people around the
globe to strive for outstanding achievements in the sphere of energy technology.
“Providing an effectively operating energy industry is a priority for Russian science. The appearance of an international
energy prize does not have any analogies anywhere in the world. This is an attempt by the scientific community to show
the entire planet our direct interest in perfecting the fuel and energy industry,” observed E. Velikhov.
He thinks that: “Russia has for many years been a pioneer in establishing fundamentally new forms of energy resources
and installations and has a powerful, scientific base.” According to the academician, research by Russian scientists in
the field of energy technology has always been considered authoritative around the world, this, “enables us to hope that
among the future laureates there will be a significant number of Russians.”
President of the Russian Federation Vladimir Putin announced the establishment of the Global Energy International Prize
at the concluding press conference after the conclusion of a summit between the heads of European Union countries and
Russia on 11 November 2002 in Brussels.

As the head of Gasprom A. Miller remarked in relation to the Global Energy International Prize establishment, “Big
business supports those involved in preserving and strengthening Russia’s scientific legacy. Russia’s industrialists and
entrepreneurs are slowly coming to understand that they have long term interests for which they are prepared to join
their resources and energy.”

“It is strategically important for Russia to act as a catalyst for the development of electric energy technology over the
next 10–20 years,” stated Anatoly Chubais. “It is extremely relevant on one hand to make maximum use of current
scientific developments in the field of fundamental science, which so far has been unnecessary, on the other hand it is
important to overcome serious degree of backwardness in several scientific fields. The establishment of an international
energy prize will act as a catalyst for scientific research in the areas of production, transferal and distribution of
electricity.”

The President of the Russian Academy of Sciences, Yu. Osipov stated that: “The search for new sources of energy is
becoming more and more important each year. In order to find it we must attract huge, intellectual potential and provide
a great deal of material resources. The establishment of the Global Energy International Prize comes as a very timely
measure with such a backdrop.”

“I am convinced that our country has now reached the stage where it is capable of promoting such initiatives. This Prize
is the answer to the critics. The hard times are over, the country is now dynamically developing, business is growing,” said
Mr. Chubais.
Alexey Miller: “Gasprom is interest in research. The Prize will help us focus on scientific developments and be more
competitive.”

“Human inventiveness can find solutions to the problem gradually increasing demand for energy,” observed Professor
Brian Spalding of The Imperial College of Science, Technology and Medicine. The Global Energy International Prize is a
magnificent initiative to encourage creative effort and ingenuity in the field of energy technology.”


32 “President Putin has a very positive attitude to the Prize,” said Presidential Aide Sergey Yastrzhembsky. “Energy
technology is one of our trumps, of which we have unfortunately few. We have opportunities to confirm our Russian-
American energy dialogue on the very highest level. Russia’s achievements in the field of energy technology are a
contribution to strengthening the country’s international prestige. The Global Energy International Prize also adds to our
prestige, the President immediately gave his support.”

The prestigious youth grants were first announced in June 2004 by Russian Prime Minister, Mikhail Fradkov at the award
ceremony of the Global Energy International Prize at the Constantine Palace in Strelna.
“If we have talked so far about giving a token of thanks to those scientists who have already contributed to resolving
contemporary problems, then the appearance of the youth programme is to lay the foundations of new scientific
discoveries,” he said in summary.

The announcement of the new laureates of the Global Energy International Prize is yet another reason to look at the
global tendencies in the energy sector.

Without a doubt, the class of work for which the Global Energy International Prize is awarded is the very highest.
Each year the number of international candidates for the Prize becomes greater and more internationally diverse – more
global. This year, for example, the number of foreign scientists nominated for the Prize was equal to the number of
Russian scientists – that is to say, the process is ongoing.

The Chairman of the Federation Council, Sergey Mironov has announced that the Global Energy International Prize is
gaining greater authority, receiving broad popularity around the globe. “It is symbolic,” he said, “that such a Prize was
founded in Russia, which is one of the international leaders of the energy market.” “It is truly a prestigious prize for the
third millennium”, he highlighted. “The Global Energy Youth Programme, whose establishment in 2004 was announced
by Prime Minister Mikhail Fradkov will enable the recruitment of young talent to resolving problems with the energy
sector,” observed Mironov.

The chairman of the management of Gasprom, Alexey Miller, announced that in 2006 the value of the Global Energy
International Prize would be raised to $1.1 mln. According to Alexey Miller, Gasprom had decided that energy technology
is one of its promising fields and intends to become involved on development projects for nuclear and thermo-nuclear
energy in order to use its gas for more efficient purposes. It seems likely that the future of global energy, and for which
there are traditionally more nominations for the Global Energy International Prize, is in the field of nuclear energy
technology and nuclear fusion.

“The Global Energy International Prize is the most important prize by its position and the main prize for its field in the
world. Energy is the backbone of modern society and this prize meets current demands since it focuses on energy globally
for the future and specifically underlines the international aspect,” said Sergey Kapitsa, RIA Novosti.
According to him, the route to finding and establishing a new source of energy will take a significant amount of time.
“The Global Energy International Prize is a rare case with a clear continuity of resources between different generations of
scientists and different countries,” observed Kapitsa.

Russia will from now on support scientific research in energy security and increasing energy production efficiency. This
was announced today by President of the Russian Federation Vladimir Putin at the Awarding Ceremony for the Global
Energy International Prize.


“Russia as one of the international leaders in energy technology not only exports energy resources but also electricity,”
he emphasized. “We intend henceforth will support scientific developments which increase the efficiency and security of
energy production and it goes without saying, will maintain environmental standards,” Putin added. “Among them are 33
important fields like hydrogen, thermo-nuclear, biological and nanotechnological energy technologies,” he explained.
Putin observed that scientists from three different countries were today awarded the Prize. “From what I know, this is the
first time there has been such a collaborative effort rewarded with the Prize, and this confirms the special value of your
joint scientific work,” he said, speaking to the laureates.
“The Global Energy International Prize is a way of integrating the international, scientific resources to find a new
approach for energy generation for all of humanity,” stated Putin. Energy security will be one of the main subjects
discussed at the G8 summit in July.

The Awarding Ceremony of the Global Energy International Prize will be one of the memorable moments of the twelfth
St. Petersburg International Economic Forum.

Chairman of the Global Energy International Award Committee Fedor Mitenkov, Academician RAS, emphasizes that
“research activities in different areas proceed in various directions and the International Award Committee stimulates
the specified diversification” since it is not simply usage of alternative energy sources that society needs but provision
for supply of affordable inexpensive energy at a reasonable price.

Significance of the Russian prize arranged for with financial support from the country’s three power industry giants (RAO
UES, Gasprom and Surgutneftegas) is evidenced not only by the Prize fund amount comparable to those of major world
awards but also by its status with the Global Energy International Prize Laureates ranking virtually as equals to holders
of the Nobel Prize Laureate title. The message requires no further justification. Intercontinental expansion of the Global
Energy International Prize geographic scope is a fact doubtlessly meaningful and gratifying to all of us living in this
country. Established and financially provided for by Russian Federation entities, the Global Energy International Prize
may be awarded to a citizen of any country of the world.

Another noteworthy event on the programme of the current IAEA session was the display opened in the run-up to the
venue at the Austria Congress Centre that is devoted to a long-standing initiative of the Russian Federation to have been
recently re-incentivized which is the Global Energy International Prize established 2002 in the wake of the Russia-EU
summit. Igor Lobovsky, the Prize Executive Director, states that during the five years to have elapsed the Global Energy
International Prize has gone global and gained international repute and recognition, having been awarded to 14
scientists from 7 countries of the world.

Among the major Russian charitable foundations providing for support of research activities are the Dynasty Foundation
(founded by VympelCom Company President Dmitry Zimin), the Triumph Foundation (with the present-day political
emigrant Boris Berezovsky being among the initial founders), the Russian Science Support Foundation (jointly founded
by a group of businessmen including Alexander Mamut, Oleg Deripaska and Roman Abramovich), the Global Energy
Foundation (jointly founded by Gasprom JSC, RAO UES of Russia and Surgutneftegas JSC). They all have been established
during the recent seven or ten years with some of them (like the Global Energy International Prize) having been initially
conceived as prizes awarded for prominent achievements in a specific area of knowledge.
In Russia there are also sector-specific foundations cooperating with the authorities. The largest of them is the
Global Energy Foundation sponsored by Gasprom, Surgutneftegas and RAO UES of Russia. A prize bearing the same
name, established in 2002 as a scientific award equal in status to the Nobel Prize, has been awarded for outstanding
theoretical, experimental and applied investigations, developments, inventions and discoveries in the field of energy and
power engineering since 2003. Last year the Prize amount was equal to $1.2 mln.


2009 Agenda advertisement
34
MARCH
March 24-27 Participation in the ninth St. Petersburg International Forum for the Fuel
and Energy Industry
APRIL
April 13 Opening of the exhibition within the framework of the Energy of Childhood
All-Russian Competition of Energy-related Projects by Children
April 14 Meeting of the Prize International Award Committee
April 15 Press-conference dedicated to declaration of the Global Energy Prize 2009
Laureates
JUNE
June 2-5 Energy of the Future Laureates’ Week (St. Petersburg, Russia)
June 2 Visit at TGK-1 Territorial Generating Company (Pravoberevhnaya TPP-5);
Global Energy Prize Laureates’ meeting young representatives of the Russian
academic community
June 3 Energy of Thought International Academic and Research Symposium hosted
by St. Petersburg State Polytechnic University; Laureates meeting representatives
of the teaching staff of St. Petersburg State Polytechnic University
June 4 Press-conference by the Global Energy International Prize 2009 Laureates
June 4 Young scientists visiting the RAS board and care facility for veteran scientists
June 4 Meeting of the Global Energy Prize International Award Committee
June 5 Award Ceremony of the Global Energy International Prize (St. Petersburg, Russia)
SEPTEMBER
Beginning of the eighth Prize Cycle. Distribution of nomination forms to the scientists selected
by the Prize International Award Committee to be 2010 Nominators
September 9-12 Nineteenth Economic Forum in Krynica (Poland)

September 25-27 Second Bahrain World Economic Summit. Chairman of the Global Energy Prize
Board of Trustees Academician E.P. Velikhov invited to occupy the position
of Honorary Chairman of the World Economic Summit High Committee
OCTOBER
October 10 Award ceremony of the sixth Energy of the Quill media competition timed
to the Prize anniversary
DECEMBER
December 17 Award ceremony of the sixth Energy of Youth All-Russian Youth Competition
for Research Projects in the Field of Energy Technology (Moscow, Russia)


Financial accounts of the Prize
35
Sum total of the Global Energy Foundation amounts to 81.0 million roubles.

Prize Expenditures, %

0,7%
Expenditures related 10,9%
to organization, holding
and support of Global Energy 7,2%
Prize events

Global Energy prize fund 4,1% 39,8%

Youth programme

General administrative
expenditures

Remuneration oflabour
37,3%
Business travel expenditures

Prize expenditures, mln RUR

Expenditures related to organization, holding and support of Global Energy Prize events 32.3

Global Energy prize fund 30.0

Youth programme 3.4

General administrative expenditures 5.8

Remuneration oflabour 8.9

Business travel expenditures 0.6


GLOBAL ENERGY INTERNATIONAL PRIZE
Tel.: + 7 (495) 739-5435
Tel./fax: + 7 (495) 691-9212
E-mail: info@ge-prize.org
www.ge-prize.org

ANNUAL REPORT ON GLOBAL ENERGY FOUNDATION'S 2008 ACTIVITIES

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