Description
ABSTRACT of Presentation
THIS REGULAR GENERAL MEETING LUNCHEON EVENT WILL BE HELD VIA WEBINAR AND IN-PERSON. TO REGISTER FOR THE IN-PERSON EVENT, PLEASE CLICK ON THIS LINK: https://www.spegcs.org/events/6616/
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Contrary to popular belief, the ongoing energy transition from a high to low carbon economy requires more than harnessing renewable energies. Currently, only 11% of global energy consumption comes from renewable energy while 85% comes from fossil fuels. The current pace of installing renewable power plants is inadequate for nations to achieve net-zero by the second half of the century.
What each country needs to do is decarbonizing all three major energy consumptions sectors: power, transport and industry. There are essentially five ways to achieve this. They are renewable energy, carbon capture and storage (CCS), hydrogen, reducing energy demand by adoption of a circular economy, and nuclear energy.
How each country will utilize these ways to go through the energy transition will depend on its specific energy mix and the need to balance energy security, affordability, and sustainability. This seminar will show how CCS and hydrogen production are key to achieving net-zero in all three energy consumption sectors. Furthermore, there is enough storage capacity in the oil and gas reservoirs, and saline aquifers in the world to store two centuries of anthropogenic carbon dioxide emission. We will present several case studies of large-scale CCS demonstration projects in Europe and Asia and discuss what is needed to take CCS to the next level of implementation.
An email* with the webinar login details will be emailed to you when you register and also within 24 hours of the start of the event.
*If you haven't received the email please check your SPAM folder or email the organizer for login details at least an hour before the start of the event.