March 3, 2025

Europe’s New Energy Map

Europe’s energy transition is reshaping industries and economies, marking a critical shift towards renewable energy sources. This transformation presents immense opportunities for innovation and investment but also poses significant challenges.

by Mehmet Öğütçü

Despite the green momentum, hydrocarbons remain the dominant energy source and their role cannot be overlooked in the foreseeable future. Navigating this evolving landscape requires mastering regulatory frameworks, securing sustainable funding, and addressing geopolitical complexities. Balancing the urgency of decarbonization with economic competitiveness will define Europe’s energy future. The global transition towards clean energy is accelerating, propelled by cost-effective renewables and the promise of green hydrogen. Investments in these areas are growing,driven by technological advancements and the urgency to combat climate change. Green hydrogen, heralded as a game-changer, holds potential for transforming industry, transport, and power generation once it becomes commercially viable.

However, fossil fuels remain entrenched in global energy systems. Oil and gas continue to dominate due to their established infrastructure, geopolitical significance, and economic viability. This reliance complicates the global push for decarbonization. Supply chains, strategic chokepoints, and international trade agreements all underscore the persistent influence of hydrocarbons.

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Explore Mehmet Öğütçü’s insights in the first issue of Centre Mag.

Mehmet is a global energy strategist and former diplomat with a distinguished career spanning international relations and energy geopolitics. As Chair of the London Energy Club and Founder of the Bosphorus Energy Club, he has shaped key dialogues on energy. Author of Energy Wars in the New Global Order, Mehmet also leads Global Resources Partners and serves on boards of international energy organizations. Beyond his professional achievements, he is an avid traveler and a connoisseur of fine dining, infusing his passion for exploration and culture into his life’s work.