Turan Şakacı, CEO of Üçay Group, evaluating the “green mark” application to be included in the electricity bills, said that “Global Warming” came to a noticeable value, prompting states to make decisions on this issue. “The green mark application on electricity bills is a sign of Turkey’s determination on sustainable and environmentally friendly energy.”

ÜÇAY Group CEO Turan Şakacı said, “We are living in a period where we clearly see the effects of Global Warming” and said, “While we are taking measures against Global Warming all over the world, Turkey’s announcement of the green bill application, the commitment to increase sustainable and environmentalist options in energy production and the determination in this matter.

“Green Bill is the Sign of Turkey’s Determination in Environment-Friendly Energy” | Devamı>>>

In 2020, global investment in the low-carbon energy transition totalled $501.3 billion, up from $458.6 billion in 2019 and just $235.4 billion in 2010. This figure includes investment in projects, such as renewable power, energy storage, EV charging infrastructure, hydrogen production and CCS projects – as well as end-user purchases of low-carbon energy devices, such as smallscale solar systems, heat pumps and zero-emission vehicles.

The largest sector in 2020 was renewable energy, which attracted $303.5 billion for new projects and small-scale systems.

Energy Transition Investment Trends “Low Carbon Energy” | Devamı>>>

Hydrogen has swept onto the world’s energy stage as the solution to decarbonization. As the clock ticks fast towards the 2050 carbon neutrality deadline and as global warming accelerates, the pressure to act is palpable. Indeed, hydrogen will play a key role in the energy transition in some sectors, if it is supported by heavy government subsidies to make it efficient and competitive. But in my view it is not the energy of the future across the board and the road to the so-called hydrogen economy is filled with pitfalls.

Hydrogen Is The Energy of The Future, Up To A Point | Devamı>>>

Climate is a fundamental investment theme quickly filtering down through the ranks of the wealthy and far below the level of billionaires.

Amazon’s Jeff Bezos just named the first recipients of his $10 billion climate fund. Elon Musk’s electric vehicle and renewable energy company Tesla is poised to become the largest company ever added to the S&P 500. At its current market cap, Tesla is bigger than the five largest companies in the S&P 500 energy sub-sector combined.

Why Climate Change is Getting The Attention of World’s Wealthy Investors | Devamı>>>

Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) published today finds. Renewable Power Generation Costs in 2019 shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants.

The report highlights that new renewable power generation projects now increasingly undercut existing coal-fired plants. On average, new solar photovoltaic (PV) and onshore wind power cost less than keeping many existing coal plants in operation, and auction results show this trend accelerating – reinforcing the case to phase-out coal entirely.

Renewables Increasingly Beat Even Cheapest Coal Competitors on Cost | Devamı>>>

The efforts to lift our power generation and electrical grid into the 21st century is a multipronged effort. It needs a new generation mix of low-carbon sources that include hydro, renewables and nuclear, ways to capture carbon that don’t cost a zillion dollars, and ways to make the grid smart.

But battery and storage technologies have had a hard time keeping up. And they are critical for any success in a carbon-constrained world that uses intermittent sources like solar and wind, or that worries about resilience in the face of natural disasters and malicious attempts at sabotage.

Energy’s Future – Battery and Storage Technologies | Devamı>>>

Growing climate change fears and falling costs will drive the uptake of clean technologies this year. What does 2020 hold for the low-carbon economy? Every year, the clean energy analysts at BloombergNEF predict what will happen in energy, transport, commodities and sustainability over the next 12 months.

While companies and investors are more committed to a cleaner future than ever before, governments still have the capacity to accelerate – or impede – their progress and so November’s US presidential election will have major implications for the speed of decarbonization globally.

The Low-Carbon Economy Takes Center Stage In 2020 | Devamı>>>