Gref: oil age the world is ended

Gref: oil age the world is ended


According to forecasts, China in the coming years will be to increase the installed capacity of power plants using renewable energy sources, this suggests that the oil era is in the past, said the head of Sberbank German Gref.

MOSCOW, 15 Jan. Oil age the world is ended, said the head of Sberbank and former economic development Minister of the Russian Federation Herman Gref: China, the largest consumer of hydrocarbons, rapidly creates alternative sources of energy.

According to Gref, China in the coming years will increase the installed capacity of power plants using renewable energy sources, up to 560 GW. “This is, for comparison, 2.5 times more than the entire installed capacity of the Russian Federation”, — said the head of Sberbank, speaking at the Gaidar forum at Ranepa 2016.

The installed capacity of the unified energy system of Russia, as of December 2015, was about 235 GW. Installed capacity of power system of China at the beginning of last year exceeded 1300 GW.

“The closest forecast that China at the rate that he now creates alternative energy,… will consume about 45% less than traditional energy sources. This is our coal, which we in large volume and develop and deliver, and continue to invest in coal, designed for the Chinese market. And hydrocarbons,” — said Gref.

“You could say that this era is in the past. Today we can say, as they say, the stone age ended not because we ran out of stones, just as we can say that the oil age is over. Whether its rest, don’t know how many — 10 years until the whole infrastructure of electric vehicles will be deployed adequately,” — said the head of the largest Russian Bank.

“When I first got in the car the Tesla, I realized that this is the future, unfortunately, it came sooner than we were expecting him, as always,” added Gref.