Showing posts with label energy. Show all posts
Showing posts with label energy. Show all posts

Friday, March 15, 2024

The new energy that we cannot live without in time

Yesterday, I decided to consult Gemini for guidance regarding Google. The following guidance pertains to investing in a new company that has created an innovative method for producing hydrogen. The truly notable ones are included; however, there is no information about anyone who has discovered something extraordinary as of yet. More or less, it provides the genuinely famous ones. In my opinion, a significant number of the recently established automobile manufacturing businesses will fail in the not-too-distant future. On the other hand, hydrogen businesses have a success rate of at least thirty percent. This advantage is primarily due to the likelihood of automobiles joining forces with major players and potentially surviving for a slightly longer period. Therefore, the larger companies will have limited space for new entrants. There should be no more than five to seven new players. But there is not enough room in this market for a large number of participants. Regarding energy, I believe its growth is inevitable. All newly conceived businesses in the hydrogen industry cannot achieve true success without available financing; however, they can still sell their technology. In fact, Canada and Australia both have significant opportunities in this industry. It is up to investors to decide whether or not African countries would participate. However, Africa possesses a significant potential for the creation of hydrogen. One must closely monitor which new and major players will initiate projects in that location. Eventually, this region will emerge as the new green gold, leaving us with limited options. As time goes on, the end of black gold is drawing near. No matter what we do, we are unable to exist if we do not have energy. The next step is to select a solution that genuinely generates hydrogen at the lowest feasible cost. At the end of the day, everything is a risk.


Author: Sezgin Ismailov 


Friday, December 15, 2023

Issues pertaining to energy sources

I recently came across a compelling article on Visual Capitalist that highlighted the significant impact of fossil fuels on both our planet and our health. The article underscored the stark reality that fossil fuels are responsible for a staggering 90% of global carbon dioxide emissions. However, the problem extends beyond just carbon emissions. The energy production process, particularly when relying on fossil fuels, leads to a cascade of negative consequences, including devastating accidents and pervasive air pollution, all of which have a demonstrably detrimental impact on human lives.  The data presented in the article paints a clear picture of the carbon intensity of different energy sources. Coal emerges as the most polluting, generating a massive 820 tons of CO₂ per gigawatt of energy produced. Petrol follows with 720 tons of CO₂ per gigawatt, while natural gas emits 490 tons of CO₂ per gigawatt. In contrast, renewable and cleaner sources fare significantly better. Biomass, while not entirely carbon-neutral, produces between 78 and 230 tons of CO₂ per gigawatt. Hydropower generates only 34 tons of CO₂ per gigawatt. Solar energy emits a mere 5 tons of CO₂ per gigawatt, and wind energy is even lower at 4 tons of CO₂ per gigawatt. Nuclear energy stands out as one of the cleanest options, with just 3 tons of CO₂ per gigawatt.  Perhaps even more alarming is the data on mortality rates associated with different energy sources, as highlighted by Our World in Data. The extraction and combustion of coal are responsible for approximately 25 deaths per terawatt-hour of electricity generated. This is a staggering figure compared to the remarkably low mortality rates associated with solar, wind, and nuclear energy, which collectively account for only 0.03 deaths per terawatt-hour. The implications of these findings are undeniable. We are presented with a clear choice: continue down a path that perpetuates harm to ourselves and the environment or embrace a transition to safer and more sustainable energy sources as quickly as possible. While I acknowledge that there is no single, immediate solution that can magically transform the global energy landscape overnight, I firmly believe that, as responsible individuals, we have a moral imperative to do everything within our power to accelerate the adoption of cleaner energy alternatives. This urgency is a theme I've even touched upon in my third book, 'Heir to the Dynasty,' where I emphasize the importance of making conscious choices that benefit both humanity and the planet.


Author: Sezgin Ismailov

The Pointlessness of Billionaires and Politicians

 We’ve probably all fantasized about such a scenario at some point. The world is turning upside down, and while everyone else is running aro...