Low-carbon energy hub projects are progressing in several European countries. Projects have developed into execution stages with contracts being put in place for capturing CO2 and its transport/shipping and storage elements. The Net Zero Industry Act and the proposal for the first-ever mandate to store CO2 in Europe should further reduce uncertainties around the infrastructure needed for CO2 transport and storage and provide a positive signal to the global CCUS market. Will the new regulation accelerate the growth of low-carbon energy hubs and what will be the implications for the industry? What have the learnings been for getting these complex projects moving? How do approaches differ across the countries involved? What has it taken to remove obstacles or to adapt plans to meet new project delivery challenges as they arise?
Transitioning from today’s emissions-intensive energy system to a near-zero emission system over the next 30 to 40 years will require large-scale deployment of a wide spectrum of technologies, including renewables, CCUS, DAC, Hydrogen, storage, EVs, bioenergy, nuclear, energy efficiency and more. It will require integrating energy technologies with Gen AI, 5G and edge computing to build the reliable and sustainable energy system of the future. What are the technology platforms that will be essential? How can integration of energy and digital technologies be accelerated? How will future partnership models evolve? What will be the skills required to succeed?