Decarbonization and Energy Transition
Decarbonization is happening now, and everyone has a hand in shaping it. Society has all the right resources and technologies to build a sustainable economy and achieve carbon neutrality. Multiple industry players now need to work together to create this new energy world quickly.
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Planning and monitoring your decarbonization roadmap
Amid intensifying global efforts to combat climate change, decarbonization planning is an essential tool for companies in the energy and natural resources sector. By implementing clear strategies and actionable roadmaps, they can meet stringent environmental regulations, reduce greenhouse gas emissions and ensure long-term viability.
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Making energy efficiency your “First Fuel”
Industries are increasingly recognizing energy efficiency as their “first fuel.” Popularized by the International Energy Agency (IEA), this term signifies a shift toward optimizing resource use rather than relying solely on traditional energy sources. This approach helps industries meet decarbonization goals, address shortages, reduce costs, enhance competitiveness and increase production. Proven to offer returns on investment, renewables and energy efficiency are essential for a sustainable economy.
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Powering up with renewables
A new energy landscape is emerging as industrial companies embrace renewables to reduce their dependence on fossil fuels. Advanced storage solutions are being developed to manage power from intermittent sources such as solar and wind, while other technologies are helping optimize energy efficiency, reduce costs and improve reliability and resiliency.
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Switching to electrification and alternative fuels
The energy transition is a worldwide priority, driven by the urgency of climate change and the need to lower greenhouse gas emissions. Equipment electrification and the use of alternative fuels are two key strategies being explored. Major industries, such as mining, pulp and paper, petrochemicals, chemicals, and natural resources, must evolve quickly to meet government requirements. This transition calls for innovative solutions tailored to the specific operational needs of each company.
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Managing carbon with advanced solutions
In the energy and natural resources sector, carbon management has become a strategic priority in response to the climate emergency. Companies are actively investing in advanced technologies to capture CO2, sequester it safely or use it in innovative industrial and commercial applications. These efforts will help promote a high-performing and sustainable circular economy.