17:23 GMT +315 December 2017
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    Russia to present hydrogen energy projects in Hanover

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    MOSCOW, April 13 (RIA Novosti) - Russia will for the first time present alternative energy, including hydrogen, projects at the world famous Hanover Fair, Boris Kuzyk, head of the national innovation company New Energy Projects, told RIA Novosti.

    The traditional industrial fair in Hanover, Germany, will be held from April 16 to 20 for companies representing different economic sectors. The World Energy Dialogue, to be held during the fair, will be a forum for discussions on the future of the global generating industry by leading politicians, scientists, businessmen and economists.

    Kuzyk said an energy revolution was gathering force in the world, including in Russia, which will greatly increase the use of hydrogen energy in different economic segments over the next few decades.

    "As of now, we have invested nearly $400 million [in the development of alternative power generation]," Kuzyk said. "We plan to invest $500 million more to reach the stage of the production of environmentally safe power units. After that, we will take our calculations to the government."

    The managers of New Energy Projects believe that hydrogen energy can solve the energy problems of the housing and utilities services, provide fuel for cars and for river and sea vessels and aircraft, as well as lead to the development of autonomous sources of energy for the army.

    According to Russian experts, the proposals of the New Energy Projects on the development of alternative energy sources, including hydrogen energy, will be very interesting for participants in the Hanover Fair, and will promote cooperation between companies from different countries in long-term projects in this sphere.

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