Greece at COP’s Post

#CleanTransition #INDIA #BRICS #JustTransition So it's exactly how I wrote (predicted) some days ago in another comment..... It's not #EnergyTransition which is driving #Geopolitics but is rather the other way round. No chance to succeed if you can't manage a proper and suitable solution for the most energy-hungry (and developing) economies and countries... And second point: you need a tradeable energy economy, and (till now) #energymolecules has been by far the preferred mean of energy dispatching / long distance trading. This will not end. The good news (if any) is that #India will pursue an expansion of #Renewables (possibly helped by foreign money), but I guess they will keep their core energy model around #coal (which is by far not a very good news), and use additional renewable power to cover the (marginal but significant) expansion of the economy / industry / final / private energy demand. At this point (of convolution) of the #COP stories we should wonder if also our "save the world alone" #energytransition model in Europe makes sense as it was conceived back in Mr. Timmermans' age (Timmermans: disappeared meanwhile.....).

Today, Natig Bakhishov, the Executive Director of USACC, spoke at the Offshore Technology Conference (OTC) in Houston, TX. Here are the key highlights from his speech, focusing on opportunities for businesses to strengthen energy and climate cooperation between the United States and Azerbaijan: Partnership in the Energy Sector: The U.S. and Azerbaijan have long shared a partnership in the energy sector. As we confront the challenges of climate change, there is a remarkable opportunity for businesses from both nations to collaborate and innovate toward sustainable energy solutions. COP29 – a Global Dialogue on Climate Action: Azerbaijan is set to host COP29, providing a platform for U.S. companies to showcase their commitment to global climate action. Historical Role of American Technologies in Azerbaijan’s Energy Sector: American technologies and expertise have historically played a crucial role in the development of Azerbaijan's energy sector, dating back to the early 20th century when the first American technologies were introduced. There is potential for similar contributions in the green energy era. Capacity Building and R&D in Green Energy: Capacity building and R&D capabilities within the region are essential. U.S. companies can play a vital role in establishing these capabilities, ensuring that future investments and endeavors are supported by local data. Renewable Energy Technologies: While renewable energy sources like solar and wind are promising, their intermittency poses challenges to grid stability, necessitating energy storage solutions and smart grid technologies. Trade Financing: The role of the U.S. EXIM Bank in facilitating deeper partnerships through financial mechanisms is significant; the recent trade mission of Azerbaijani banks highlighted their pivotal role in supporting trade between Azerbaijan and the United States. #COP29Azerbaijan #azerbaijanenergy #OTC2024

🗞️ 📽 Energy efficiency relates to the level of energy consumed for a given output. On a macro-economic level, energy intensity is used as a proxy for energy efficiency, which is related to the overall economic output, such as the GDP. Since the adoption of the Paris Agreement, there hasn’t been a shift in terms of global evolution of energy intensity. COVID-19 and the energy crisis set on by the Russian invasion of Ukraine, climaxed the energy efficiency rate globally to 2%, however, this value tumbled to 1.3% again in 2023. What is energy efficiency? What is the status quo on energy efficiency globally? What are the challenges and opportunities in the MENA region? Sustainability Research Paper📰- https://bit.ly/3BwT1Kq Subscribe 💻- http://bit.ly/45ZaIx9 #energy #cop29 #cop28 #sustainability #renewable #sustainable #research #paper #report #efficiency #mena #qatar #middeleast

HE Mohamed Hamel, Secretary General, GECF, engaged in a productive bilateral meeting with HE Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan, during COP29. HE Hamel commended the exceptional coordination and meticulous arrangements by Azerbaijan, under the leadership of HE President Ilham Aliyev. He highlighted Azerbaijan’s role in fostering collaboration on key issues surrounding the global energy transition and praised the achievements that have been realized at COP29 so far. Together, they reaffirmed their commitment to advancing sustainable energy solutions through strengthened partnerships. #GECF #COP29 #Baku #Azerbaijan #SustainableDevelopment #EnergyTransitions

𝗪𝗲𝗮𝗽𝗼𝗻𝘀 𝗼𝗿 𝗚𝗿𝗲𝗲𝗻 𝗘𝗻𝗲𝗿𝗴𝘆? Meeting COP28 goals requires a doubling of clean energy investment by 2030 worldwide: 🌍 2023 World Military Budget: $2.4 Trillion (Source: SIPRI Fact Sheet 2024) 🌍 Current Global Level of Investment in Green Energy: $2 Trillion (2024, IEA) 🌍 Additional $2 Trillion Needed by 2030: Could come from the World Military Budget 𝐼𝑚𝑎𝑔𝑖𝑛𝑒 𝑖𝑓 𝑤𝑒 𝑐𝑜𝑢𝑙𝑑 𝑟𝑒𝑑𝑖𝑟𝑒𝑐𝑡 𝑗𝑢𝑠𝑡 𝑎 𝑝𝑜𝑟𝑡𝑖𝑜𝑛 𝑜𝑓 𝑡ℎ𝑒 𝑔𝑙𝑜𝑏𝑎𝑙 𝑚𝑖𝑙𝑖𝑡𝑎𝑟𝑦 𝑏𝑢𝑑𝑔𝑒𝑡 𝑡𝑜𝑤𝑎𝑟𝑑𝑠 𝑔𝑟𝑒𝑒𝑛 𝑒𝑛𝑒𝑟𝑔𝑦. In an ideal and more peaceful world, funding to meet COP28 goals could be mostly found within the military budget. 𝗕𝘂𝘁 𝗿𝗲𝗮𝗹𝗶𝘁𝘆 𝗶𝘀 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁. 😢 Considering the ongoing conflicts in Ukraine and the Middle East, the growing tensions in the Far East, it’s more likely that the military budget will increase, potentially at the expense of public green energy investment and support policies. 𝗜𝗻 𝗲𝘀𝘀𝗲𝗻𝗰𝗲, 𝘄𝗲 𝗮𝗿𝗲 𝘀𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁𝗹𝘆 𝘂𝗻𝗱𝗲𝗿𝗺𝗶𝗻𝗶𝗻𝗴 𝗼𝘂𝗿 𝗳𝘂𝘁𝘂𝗿𝗲 𝗯𝘆 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴 𝗺𝗶𝗹𝗶𝘁𝗮𝗿𝘆 𝗲𝘅𝗽𝗲𝗻𝗱𝗶𝘁𝘂𝗿𝗲 𝗮𝗻𝗱 𝗿𝗲𝗱𝘂𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗴𝗿𝗲𝗲𝗻 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻. Check the below chart, what kind of security are we choosing when the money that could contribute protecting our planet is spent on weapons instead? 🤔 Source: https://lnkd.in/dqznsJPp illuminem; Magaldi Power SpA

#Africa needs to adopt a differentiated approach in #energy #transition with natural gas as a catalyst to resolve energy poverty: over 600 million people without access to electricity and over 900 million people without clean cooking fuel. #AEW2024 #justtransition

In anticipation of COP29 Azerbaijan, the COP29 Presidency and the International Energy Agency (IEA) are organizing a series of High-Level Energy Transition Dialogues on 15th May at IEA Headquarters in Paris. Co-chaired by H.E. Mukhtar Babayev and Dr. Fatih Birol, these dialogues, in collaboration with United Nations Climate Change, aim to garner global consensus on ambitious, just, and equitable energy transition pathways aligned with the 1.5°C target. Central to the discussions is the mobilization of clean energy investments, especially in developing economies. Specific topics include implementing energy outcomes from COP28 UAE, aligning energy ambitions with national contributions, and identifying key factors to accelerate clean energy transitions globally. Stay tuned for impactful deliberations leading up to COP29 in Baku! #IEEE #IEEEYP #EnergyTransition #COP29 #CleanEnergyInvestments

Best invest in Building and talking about Fusion power, space, and maritime propulsion systems and industry as data centres are. You talk about Nuclear (meaning Fission) and fail to discuss fusion. https://lnkd.in/ge_aeX7M The nuclear fission industry is, ignorant of what's happening around you. Pull your uranium heads out, start adjusting your industry to fusion energy and start preparing to enter the commercially growing fusion energy industry. As it dawns on Earth like the sun. Great Headline Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR Fission is moving towards obsolescence at an accelerated pace, as it is "out of step, out of time, out of place," and merely a temporary industry globally. https://lnkd.in/gbd_mZqk By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY Now see what is happening in the Fusion industry in the world. https://lnkd.in/g9hMBD7a As fission trebles, fuel shortage is increasingly real,

The G20 Energy Transitions Ministerial has concluded in Brazil, with ministers acknowledging the need for a just and inclusive energy transition in line with the outcome of the First Global Stocktake, agreed by all 198 Parties at COP28 and formalized through the UAE Consensus. As an invited observer at G20 prep meetings, the COP28 Presidency continues to call for an ambitious commitment by the G20 to advance the implementation of the UAE Consensus. #COP28 #UAEConsensus #G20

So great to see these familiar faces at the #UNSummit. There are still too many important people who ignore the key role international standards and conformity assessment from IEC (International Electrotechnical Commission) play in enabling the tripling of renewables, universal energy access, off-grid and rural electrification, the safe production and distribution of hydrogen, the verification of environmental claims, etc.