BAKU, Azerbaijan, June 1. The challenge is not
to choose between hydrocarbons and renewable energy, but to create
diversified, sustainable, and balanced energy systems capable of
supporting sustainable development, Secretary-General of the
Development 8 (D-8) Organization, Sohail Mahmood, said, Trend reports.
He made the remark during the 1st Meeting of Energy Ministers of
D-8 Member States held as part of the Baku Energy Forum.
"Despite the need to introduce innovations and cleaner
technologies, the energy transition must remain pragmatic,
balanced, and aligned with national development priorities.
For many of our member countries, hydrocarbons will continue to
play an important role in ensuring energy security and economic
stability.
The challenge is not to choose between hydrocarbons and
renewable energy, but to create diversified, sustainable, and
balanced energy systems capable of supporting sustainable
development," he said.
Sohail Mahmood noted that, for this reason, investments in
renewable energy, energy efficiency, grid modernization, energy
storage, and climate resilience are all necessary simultaneously to
achieve long-term sustainability.