Investment in Energy Innovation Essential Say Panel of Leading International Scientists and Political Leaders

Investment in Energy Innovation Essential Say Panel of Leading International Scientists and Political Leaders PR Newswire MOSCOW, October 30, 2012 MOSCOW, October 30, 2012 /PRNewswire/ -- Speaking at the Global Energy Prize Summit in Moscow eminent international scientists and senior figures from the Russian government underlined the need for investment in research and innovation in the energy sector. Contributors to the summit, including the President of the Russian Federation Vladimir Putin, stressed the need for an efficient use of energy resources. thThe summit was part of the celebrations for the 10 anniversary of the Global Energy Prize, the most prestigious annual award for outstanding scientific research and technological development. This year's summit focused upon how stbreakthrough technologies can solve the challenges facing humanity in the 21 century. Speakers at the event included laureates of the Global Energy Prize, representatives of the Board of Gazprom, the China State Grid Corporation, the government of Latvia and the International Gas Union. In a message to summit participants President Putin said "Today energy resources and their efficiency have become the key factor in the steady development of national economies, determining the quality of people's lives. That is why the efforts of energy scientists, their fundamental work and practical discoveries are in great demand.