Uncertainty and turbulence due to political instability directly reflects on the energy sector. Further dominoes, the effect continues. Regardless of whether it is gas, electricity, oil, renewables or something else, energy is the “blood stream” of the economy without exception. Uncertainty in the energy sector caused an increase in the prices of products and services, …
If more than a year ago, the green agenda was a clearly defined strategy, today its framework is becoming loose. The intention of the European Union to thoroughly restructure the energy sector and to be based on green energy, but also to thoroughly change the way of life, is being redefined. The war in Ukraine …
Turkey is making significant progress in the energy transition with a share of the total energy mix of about 40% in renewable energy sources. Turkey’s geographical location, favorable weather conditions, and territorial potential provide suitable conditions for investment in renewable energy sources. In addition, the country has a solid energy infrastructure. Perhaps one of the …
With Its Strong Investment Cycle Turkey Plans Strategic Position in Energy Transition Read More »
German Economy Minister Robert Habek has called for a reduction in the country’s gas consumption after Russia cut gas supplies to the European Union in response to sanctions imposed by the Union. According to him, it is possible for entire industries to stop due to a lack of gas. The reduction of Russian gas imports …
Investments in Green Hydrogen Will Provide Significantly Larger Quantities after 2030 Read More »
The latest trends in the European Union are not good news for the development of green energy and the energy transition. The reduction in gas supplies from Russia to the Union has forced member states to return coal and thermal power plants to the big door. This is certainly in line with the EU Green …
Green Hydrogen is Becoming an Important Part of the Green Energy Mix Read More »
In the land of ancient wisdom, the homeland of the Buddha, last year the growth of investments in renewable energy sources was huge. Nearly $ 15 billion was invested in India last year to develop renewable energy projects. The growth of investments in this sector is 125%. Having in mind the needs and potentials of …
The European Commission has announced an additional 210 billion euros, which will be made available to investors investing in renewable energy sources. These funds will have to be used by 2027 to provide as many renewable sources as possible, which will reduce the European Union’s (EU) energy dependence on Russia. This is part of the …
EC Announces Additional Financial Mechanisms to Accelerate Energy Transition in EU Read More »
Energy has always been and will remain a strategic area. Countries that have natural energy resources have a political and economic advantage and an important role in the geostrategic world. Resources have always been important, and the struggle to control them has been a motive for many military and political operations. The energy transition and …
Energy Transition is A Chance for Many New Players in The Market Read More »
It seems that a major turnaround in the energy sector is the gradual abandonment of fossil fuels and their replacement with green renewable energy will be impossible without the support of large energy companies, which base their businesses on fossil fuels. It is not disputed that in their strategies they have started the implementation of …
The price of oil has reached a historically high level, perhaps the highest in the past 15 years. According to market signals, the high price per barrel of oil will continue to grow or remain high in the next period. Why is this important for the energy transition and the greater representation of renewable energy …
