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Geology of the Future

Research
5 February 2018

Current trends show that in the future the world will become much more volatile, urbanised and mobile. Now, we can say that the next consumer revolution will take place in 2025-2035, as a result of which the consumption of energy and key mineral materials will grow. The role of the geological industry as a whole will increase significantly.

The geological industry creates the basis for industrial development and is one of the economy drivers. Geology is developed in close connection with global processes that change the modern world. For Russia, this industry is one of the most significant, its development directly relates to the protection of state interests. This sphere is one of the main sources of income of the state budget of the Russian Federation.

International cooperation of public and private companies in the field of geological exploration creates a strategic basis for further development of interstate relations. In addition, geology is one of the most knowledge intensive branches of the economy, it has a high innovative potential. This sphere is not only a source of substantial income, but also creates a large number of jobs, which also has a favourable effect on the economy of the state.

The geological industry has broad prospects for development. Despite the existing world trends associated with the transition from traditional energy sources, statistics show that global energy demand will only grow by 2030. However, it is traditional energy sources which are expected to grow. Thus, the development of this sphere will become even more important.


Anlytics on the topic

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Research
5 April 2019
Medium-Tonnage LNG in Russia: Up in the Air

The publication by the Moscow School of Management SKOLKOVO reviews foreign experience with medium-tonnage LNG projects and evaluates the potential for their development in Russia. Also, the authors discuss the prospects and necessary conditions for the development of the domestic LNG market and exports of medium-tonnage LNG.

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Artificial Intelligence in the Digital Economy

The article in the framework of the national project «Digital Economy» analyzes the development trends and features of the use of artificial intelligence (AI) in Russia. The advantages of this sphere of economic activity in comparison with the use of other «breakthrough» technologies are considered. Attention is focused on the features of the third wave of business process transformation associated with adaptive business processes, which allow, using AI, to radically transform a business by processing big data in real time instead of performing a predetermined sequence of steps.

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Sustainable Development, Green Construction, Energy Efficiency

This report by HPBS examines international experience with and government tools for promoting sustainable development, green construction, and energy efficiency.