The world is consuming more oil, gas, coal and renewables than ever before, the International Gas Union's chief of staff told the final day of Baku Energy Week, challenging the conventional understanding of energy transition.
"There is not so much energy transition as there is an energy addition," said Damjan Krnjević Mišković, chief of staff to the IGU secretary-general.
"We're consuming more and more oil and gas and coal and nuclear and biomass and renewables than we ever have before in the world," Krnjević Mišković explained.
The dominant theme of the day revolved around how to expand renewable capacity without abandoning the hydrocarbons that still underpin energy security and export revenues for producer economies.
Azerbaijan's President Ilham Aliyev set out his country's renewable targets at the forum's opening ceremony earlier in the week, saying Azerbaijan would have 2 gigawatts of solar capacity installed by the end of next year and aimed for 8 gigawatts by 2032.
