[kvvic]

This is an introductory sentence from a research paper about superalloys. Could you please check this sentence, first of all, from the stanpoint of style. Specifically, I'm in doubt about the words in bold. Are such phrases acceptable in technical writing or do they sound too cumbersome?
Of course, I'd appreciate any other comments and suggestions.

Development and improvement of technologies for producing novel materials and methods for their protection are a vital prerequisite in solving the problem of ensuring the reliability and high efficiency of stationary and vehicular power plants, as well as in creating new-generation engines.