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- Gwenaëlle Avice-Huet
Decarbonizing the energy matrix and other high-carbon footprint industries is the critical path to minimizing global emissions and achieving the goals of the Paris Agreement. However, reaching net-zero emission will demand a herculean effort, given the technology challenges and the scale of investment demanded. What complementary technologies offer the potential to achieve the scale and economic competitiveness required to make decarbonization a reality at a reasonable cost for society? What are the roles of energy companies, technology firms, infrastructure developers, and governments in this process? What policies are needed to spur investments and accelerate technology development?
“Do we have the technologies to get to net-zero?” This has been the topic of debate recently. Some have claimed that as much as half of the future emission reductions will come from technologies that have not yet been invented. Innovation is a continuous process and new emission reduction technologies are continuously being developed, tested, and deployed. While emissions have gone down in the power sector in the EU and the US, emissions from transportation and industrial sectors continue to increase. In this conversation, the panel will discuss technological pathways to get to net zero in the next 30+ years. Do we have the technologies to get to net zero and is it primarily about deployment at scale or do we also need new inventions? What will come after solar PV and wind as the next game changing technologies? Why is the enthusiasm for hydrogen justified? Which digital technologies have the biggest potential to contribute to meeting sustainability and net-zero goals? How can the oil & gas industry become the leader in emission reductions? Does the world need to move from molecules to electrons for everything—heat, light and mobility? How is data and data analytics being used to improve efficiency and reduce emissions? Is it possible to accelerate the speed of energy innovation?