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ARTICLE · 04 AUGUST 2023

The Multi-Sector Fuel Dilemma

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Confusion persists among industry stakeholders regarding the correct structuring approach to renewables. The truth is that renewables traverse sectors and is not a sector itself.

United Arab EmiratesEnergy and Natural Resources
Andrej Kormuth
Andrej Kormuth
Shane Jaftha
Shane Jaftha

Confusion persists among industry stakeholders regarding the correct structuring approach to renewables. The truth is that renewables traverse sectors and is not a sector itself. Electrical power generated through sustainable means is a service, much like fossil fuel powered power stations. Green hydrogen, however, is a commodity (or fuel) play deserving of a different approach. Getting these distinctions right will be critical to the development of renewables for decades to come.

Fuel – Reliability of Supply Issue

A topical point of discussion is the emergence of renewable energy as a replacement for the world's fossil fuel dependence. But, to say that, for example, solar or wind energy will replace fossil fuels is to misunderstand what fossil fuels are in relation to such renewable energy sources. Fossil fuel is exactly that – fuel.

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