Hakan Bulgurlu’s Post

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Chief Executive Officer, Beko

Clean energy transition will play a key role on the road to a net-zero future. 🌍 According to the International Energy Agency (IEA), investments in #cleanenergy have surged by 40% since 2020. However, global renewable capacity is projected to be only 2.5 times its current level by 2030, falling short of the tripling goal set at COP28. Modern bioenergy stands out as the leading global renewable source, making up 55% of renewable energy and over 6% of the global supply. 🍃 In the next five years, an incredible 96% surge in solar PV and wind energy is expected. But what about #hydrogen? Hydrogen holds immense potential, being the most abundant element in the universe and utilized in heating, industrial processes, fuel cells, and powering vehicles. Currently, the majority of hydrogen is grey, emitting a significant 900 megatons of CO2 annually. Blue hydrogen is considered more environmentally friendly than grey hydrogen because it involves capturing and storing up to 95% of carbon emissions through carbon capture and storage (CCS). 🌱 Despite the anticipated growth of hydrogen in the next five years, only 7% of renewable power capacity is dedicated to hydrogen-based fuel production. While #greenhydrogen plays a crucial role in reducing CO2 emissions, it isn't the easiest solution. Hydrogen has the potential to revolutionize how we power our future, but unlocking its lasting progress requires significant investment in science. 🔬

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Imtiaz Bin Hossain

Introduction of New Brand KERIBERK in Retail Channels and Consumer Markets in Bangladesh .

7mo

Absolutely, your insights into the clean energy transition and the potential of hydrogen are spot on. The surge in investments, especially in solar PV and wind energy, is encouraging. It's impressive to note the leading role of modern bioenergy in the renewable energy mix. The discussion on hydrogen, particularly the distinction between grey and blue hydrogen, sheds light on the environmental considerations in its production. The focus on carbon capture and storage in blue hydrogen is a step in the right direction. Your emphasis on the anticipated growth of hydrogen in the next five years and the importance of green hydrogen for reducing CO2 emissions is crucial. However, the acknowledgment of the challenges and the need for significant investment in scientific advancements is a sobering reminder of the complexities involved in this transition. Overall, your comprehensive overview underscores the multifaceted nature of the clean energy landscape and the importance of continued innovation and investment for a sustainable and impactful shift towards a net-zero future.

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