Decarbonisation Zone at ADIPEC

21.08.2022

Fossil fuels, including oil, coal and natural gas, supply around 80% of the world’s energy, but as recent events have illustrated, there is a need of a workable model for energy transition - one that is resilient enough to absorb external shocks, such as geopolitics and pandemics, yet pragmatic enough to reduce emissions linked to human activities.

Energy companies will not only play a key part of that transition, they will also have a leading voice in how that is achieved. Many of the innovations and technology we are seeing as part of the process are already coming from the oil and gas sector. Achieving net-zero emissions by 2050, however, needs to be weighed against a rising global population, increasing energy requirements and the cost implementation of reliable energy sources.

Meeting net-zero targets requires a fundamental transformation of the energy industry and CCUS, hydrogen, reducing methane emissions and new technology will play a central role in that process.The Decarbonisation Zone at ADIPEC 2022 is a new addition that reflects the growing need for decarbonisation strategies in the energy industry. The zone will be a forum for leaders in the energy ecosystem to discuss low-carbon technologies, and the essential role the oil and gas sector plays in accelerating the transition from fossil fuels to cleaner forms of energy.

The decarbonisation of global energy will be central to limiting average global warming to achieve net-zero by 2050. The Decarbonisation Zone will be the centre of that conversation, with the most influential energy providers reinforcing their strategies and discussing low-carbon technologies as they navigate the route to decarbonisation.