As momentum builds around embarking on a net-zero pathway, advanced technologies can serve to leverage operational benefits across every aspect of the energy value chain, explains Damien McDade, Vice President Pacific at AVEVA.
As global resolve begins to coalesce around the energy transition, 2022 will mark a turning point for industrial enterprises. At the recent COP26 summit, governments and private-sector companies around the world pledged to work towards keeping planetary warming to 1.5°C, and to support net-zero carbon emissions by 2050.
Now comes the difficult challenge of taking action to make good on those promises, while complying with stricter Environmental, Social, and Governance (ESG) regulations.
Businesses in mature industries such as oil and gas, mining and metals, and power generation and chemicals will need to address new business imperatives if they are to build an alternative, sustainable energy landscape while maintaining current operations continuity.
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