Energy Transition Series: Industrial
ENERGY TRANSITION SERIES: INDUSTRIAL
Series of webinars organised by PES GB and REA
On-line weekly EVENING sessions | May through July 2021 | 6:00 pm – 7:15 pm
Following the PES GB’s successful first webinar series held over the summer 2020 (with its main aims to increase the awareness of its members of the spectrum of industries operating in the UK to deliver clean energy (zero net greenhouse gases), the REA and PES GB are hosting a webinar series delving deeper into the Energy Transition story.
The Energy White Paper states that by 2050, emissions from industry will have to fall by 90% from today’s levels. This has to be achieved while creating a sustainable future for the manufacturing sector. Underpinning this transformation is carbon capture usage and storage in which emissions from industry are captured and stored underground.
A central plank of this decarbonisation strategy are industrial clusters. The white paper states that four industrial clusters will be supported by 2030 and at least one fully net zero cluster by 2040.
Decarbonising Industrial clusters involves capturing carbon dioxide emissions from a suite of emitters (power generation, refineries, chemicals, gas processing), consolidating and then pumping the carbon dioxide offshore for long term storage in either depleted oil or gas fields or saline aquifers. All the clusters involve hydrogen to some extent, both for industrial processes (e.g. Ammonia production) and as an energy source. Four clusters are in the lead for funding, Acorn in Scotland, Net Zero Teeside, Zero Carbon Humber and Hynet (centred on Liverpool).
The oil and gas industry are heavily involved in these clusters both in being the project operators (BP and Equinor) and managing carbon storage (Eni and Acorn).
The role of carbon capture and storage is an essential component of the strategy. How this funded and how carbon is priced is critical to success. An emissions trading scheme is being proposed similar to the one operating in the EU.
The session will invite representatives from the four leading clusters to discuss the Energy White Paper and the ability of the industrial strategy, enacted through clusters will reduce carbon dioxide emissions to 90% of what they are today.
WEBINAR SCHEDULE | 6:00 pm – 7:15 pm
Thursday 24 June 2021 – Industrial Energy – the transformation of industry through the decarbonisation of energy
Thursday 01 July 2021 – Oil & Gas – rising to the challenge of the energy transition and the profound implications of the change ‘imposed’ on the oil and gas industry
Thursday 08 July 2021 – Summary and final thoughts – bringing it all together for a Net Zero future
More information on all session topics and speakers soon to be announced.
For any issues with booking please contact [email protected].