BP-Azerbaijan VP Warns of Consequences of Artificially Accelerating the Energy Transition
BP-Azerbaijan VP Warns of Consequences of Artificially Accelerating the Energy Transition
Artificially accelerating the energy transition could cause serious environmental damage, the Vice President of BP-Azerbaijan for Communications and External Relations, Bakhtiyar Aslanbeyli, stated at an international scientific conference on "Sustainable Environment: Transition to Green Energy" in Baku.
He explained that traditional energy sources create a significant environmental burden in terms of carbon emissions. At the same time, there is a need to shift the balance toward renewable energy sources like solar, wind, and hydrogen to meet humanity's growing energy needs. The main goal of this transition is to reduce atmospheric emissions.
“The speed of transition is an important aspect. A common mistake on a global scale is the claim that the energy transition can be achieved instantly, in a short time. It must be done gradually because an artificial acceleration will cause great harm to the environment and ultimately force us to return to traditional energy sources,” he emphasized.
Aslanbeyli also discussed the experiences of European countries in this field: "A few years ago, European countries prematurely and without assessing their actual needs stopped coal mining and decommissioned nuclear reactors. However, when consumption grew, renewable energy sources could not meet the demand, and as a result, traditional energy production had to be resumed."
-
- Energy
- 9 December 2024 07:26
Energy
-
Gas reserves in Europe’s underground gas storage (UGS) facilities have fallen below 66%, and the withdrawal rate since the beginning of the heating season is 28% higher than the average for the past five years, data from Gas Infrastructure Europe (GIE).
-
British oil and gas company BP Plc expects a decline in upstream production (exploration and extraction of oil and gas) volumes in the fourth quarter compared to the third, with negative trends anticipated in both the oil and gas sectors. It should be noted that BP's final report for the last quarter will be published on February 11.
-
SOCAR Turkiye, the largest foreign investor in Türkiye and an integrated industrial group, has finalized the sale of its gas distribution networks, Bursagaz and Kayserigaz, to AKSA Enerji, announced SOCAR Turkiye. According to the statement, following the completion of the transaction, these companies will be managed by the new owner.
-
At the opening ceremony of Abu Dhabi Sustainability Week (ADSW), Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technologies, introduced an innovative breakthrough in renewable energy. The Minister announced the launch of the world’s first renewable energy production facility capable of providing continuous and large-scale clean energy supply, marking a significant milestone that redefines the role of renewable energy in global energy systems.
Ermənistan- ABŞ sazişi. İsrail- HƏMAS atəşkəsi. Rusiya təklənir? – Rauf Mirqədirov Çətin sualda
News Line
-
- Economics,
- 14:06
- 425
-
- Social,
- 13:04
- 326
Leave a review