Professional Documents
Culture Documents
Industrial
Decarbonization: The
Blueprint for Sustainable
Production.
Decarbonisation
Mining Sector
Decarbonisation
of Steel Decarbonisation
of Cement
Decarbonisation
of Power
Sector
Decarbonisation
Chemical &
Petrochemical
Sector
Suman Jagdev Shailendra S. Rao Avinash Kumar Anish Mandal Inderjeet Singh
Partner & Lead - Industrial Founder, Indian Carbon Executive Director Partner Partner- ESG & Carbon
Goods & Natural Alliance / Kichee Earthood Services Deloitte Markets, Deloitte
Resources, Xynteo Token CREDUCE
Anirudh Ramesh Drummi Bhatt Arvind Bodhankar Neeraj Menon Susanta Ghosh
Co-founder Managing Partner Executive Director & Chief Risk Partner VP Steel & Chief Process
Irasus Technologies 1point5c Officer Ex Com Member Trilegal Technology, Powerworx
Dalmia Bharat Group Steel Industries LLC
Key Highlights:
The only solution focused event with application based
discussions on sectors with highest priority for industrial
decarbonisation
2. ESG, Climate & Carbon Measurement Tools 7. Universities and Research Institutions
Knowledge Sharing and Learning: Decarbonization summit will provide a platform for
experts, policymakers, and industry leaders to share knowledge, insights, and best practic-
es related to decarbonization strategies and technologies. Participants can learn from
each other's experiences and successes.
Policy Development and Advocacy: The forum will facilitate discussions on policy devel-
opment and regulatory frameworks that support decarbonization efforts. Participants can
engage with policymakers to advocate for sustainable and environmentally friendly
policies.
Networking Opportunities: This will be a convergence of the best minds in the offer
unparalleled networking opportunities. Attendees can connect with peers, potential
partners, investors, and experts in the field. Building these relationships can lead to collab-
oration and innovation.
Technology Showcase: The summits will feature an exhibition that showcases
cutting-edge technologies and solutions for decarbonization. This will allow organizations
to explore and adopt innovative technologies that reduce carbon
emissions.
Education and Awareness: Summits contribute to raising awareness about the urgency
of decarbonization and the importance of sustainability. This education can
lead to greater public support and participation in
climate action.
Global Leadership and Reputation: Hosting or actively participating in a decarbonization
summit can position organizations, industries, and countries as
global leaders in the fight against
climate change.
Cement Decarbonisation Summit - 2024
Timing Session
Reducing CO2 emissions while producing enough cement to meet demand will be
challenging. Demand growth is expected to resume as the infrastructure and construction
projects grow. Moreover, the emissions intensity of production has increased since 2015,
largely due to a higher global clinker-to-cement ratio – although the rate of increase has
been slowing more recently.
The cement value chain is well positioned to create closed loops, or automatically regulated
systems, for carbon dioxide, materials and minerals, and energy. This entails circular
economies, which are based on the principles of eliminating waste and pollution, circulating
products and materials, and regenerating nature.
Compared with traditional ordinary Portland cement (OPC) — which contains more than 90
percent clinker and emits 0.6 tons of CO2 equivalent on average per ton of cement —
low-carbon cement can reduce process emissions by anywhere from 10 percent to 100
percent. Low-carbon cement tackles carbon emissions by directly targeting the ‘clinker,’ the
most energy- and carbon-intensive part of the cement manufacturing process.
1100-1130 Carbon capture, utilisation, and storage technologies for Indian Cement
Industry
The implementation of carbon capture, use, and storage in the cement industry is a
necessity, not an option if the climate targets are to be met. Although very few capture
technologies have reached commercial scale demonstration in the cement sector yet, much
progress has been made in the last decade. This session intends to provide a general
overview of the CO2 capture technologies that have been evaluated so far in the cement
industry at the pilot scale, and also about the current plans for future commercial
demonstration.
1145–1215 Digitalisation and smart plants, including AI/ML for kiln optimisation and
maintenance
Across your cement flowsheet, your equipment offers a wealth of information about how
efficiently your process is performing. Capturing this data in real-time is key to achieving
optimum performance – as well as increasing the availability factor. That’s where digital tools
come into their own. Enabling you to adjust and optimise operating parameters, spot
potential problems before they have the chance to escalate, and take advantage of our
remote services to diagnose, troubleshoot, and even make adjustments from afar. It’s all
possible with digitalisation.
1215-1245 The strategic role of digital EPD data in encouraging rapid innovation &
better low-carbon cements
Fly ash can be utilised as a cement replacement, reducing cement usage, thus
environmentally and economically beneficial. Fly ash makes concrete workable; increasing
its levels may reduce water demand and superplasticizer needs.
Cement Decarbonisation Summit - 2024
1315-1415 Networking & Lunch Break
Carbon dioxide (CO2) emissions from the cement industry account for 26% of the total
industrial emissions, and the need to develop low-carbon techniques within the cement
industry is extremely urgent. Low-carbon projects and technologies for the cement industry
in different regions and countries. For developing countries such as China and India, energy
saving and efficiency enhancement are currently the key points, while for developed
countries and regions such as Europe, more efforts have been focused on carbon capture,
utilization, and storage (CCUS).
Traditionally, cement is packed in sewn-in woven sacks made of polypropylene tape fabric.
While cement bags are recyclable, the industry needs more packaging options to reduce its
carbon footprint. Hence, there is a focus on innovating new packaging that is biodegradable
or lighter in weight, as even a few grams of reduced weight can make a significant difference
in the overall carbon footprint.
Amidst increasing demand, the cement industry is standing at a critical juncture where it
must address environmental concerns attached with manufacturing such as reducing
energy consumption, slashing emissions and becoming more sustainable. The industry
must emerge as a key contributor in creating a zero-carbon, cleaner and greener future by
leveraging innovation and technology and help India achieve its sustainable development
goals faster.
Cement companies continue to make new investments in waste heat recovery systems
(WHRS) installations. The sector’s overall cost has spiked in recent quarters mainly because of
high fuel costs. Against this backdrop, WHRS is a saviour. It traps the enormous heat
generated during manufacturing and generates electricity, which can be used as an
additional source of power. Thus, it helps reduce energy costs.
The flash calcination process increased the percentage of amorphous oxides by almost 20%.
During the pozzolanic reaction, amorphous silica reacts with portlandite CH to form
additional C-S-H, which takes part in the densification of the cementitious matrix.
Megatrends such as social value, the energy transition, climate change and digitalization are
affecting every aspect of mining. And while there will be challenges, there are opportunities,
too.
For all miners, reaching net-zero will mean decarbonizing their sources of power and
material movement first. Wood MacKenzie research shows that, depending on the
commodity, total mine site emissions that come from power can be anywhere from 48% to
84% of total mine site emissions.
More miners are also investing in the electrification of their vehicle fleets to reduce emissions,
reduce costs and improve the health and safety of workers. While location and life-of-mine
and design considerations will need to be factored into the decision to go electric, there is a
cost-reduction potential for moving to battery electric vehicles. Research shows the total cost
of ownership of a battery electric vehicle for mining could be around 15% to 20% lower than
diesel trucks due to lower maintenance and fuel costs.
Water is so vital to mining that without it there is no mining. Therefore water management
and sustainability are detrimental to the future success of the mining sector. Water efficiency
improvements have been made by adopting new technologies, more efficient processes,
incorporating reuse and recycling, and finding alternative sources of water.
More miners are investing in renewable energy solutions to help decarbonize their
operational emissions and lower current and future carbon-price exposure. There's also
potential for miners to use excess land to develop renewables, particularly in remote
locations where energy supply is a challenge. Another opportunity for miners is bundling
renewables with energy storage solutions to balance supply and demand. Any excess power
generated by renewables can also be sold to utility companies to help generate revenues and
offset costs.
Many miners are navigating the rapidly changing landscape for carbon offset targets,
especially over the past year as the long-disaggregated market becomes more standardized,
regulated and transparent. There are concerns about 'greenwashing' with the use of carbon
offsets, which miners will need to consider. Still, offsets are expected to become an important
part of long-term net-zero and decarbonization targets, particularly with hard-to-abate
emissions.
Mining Decarbonisation Summit - 2024
1445-1515 Data Management and Integrity in Mining
Data management and integrity in ESG reporting are increasingly critical in the mining
industry as investors and governments pay closer attention to climate change risk. There will
be even greater demand for data as the reporting environment evolves. Miners will need to
continuously improve the quality of the data to keep up with the evolving standards,
including tracing its origin and making it available in real-time.
Restoration and reclamation of post-mining and post-industrial sites aim at mitigating the
adverse impacts of mining on the environment and human health. Regeneration is, however,
a long process, as affected ecosystems have lost their biodiversity and most of their
ecosystem functions and services.
On mine sites, generally over 50% of the energy used is spent on crushing rock in the
processing plant. In fact, 3% of global energy production every year is used to crush rock. This
provides possibly the biggest challenge to a carbon neutral mine. However, with this
challenge there is also a wealth of opportunities for improvements. Mills are constantly being
improved to increase efficiency.
While closure is an inevitable part of the mining lifecycle, it brings challenges in physical
decommissioning and site remediation and in mitigating the socio-economic costs for host
communities. The way in which closure and rehabilitation are planned, communicated, and
delivered can have an impact on mine owners and operators’ reputation and their future
license to operate, with a positive legacy being an indicator of business success.
Autonomous drill rigs and haulage systemsdeliver safety, efficiency and precision.
Unmanned Aerial Vehicles are used to conduct site surveys and inspections. Advanced
remote monitoring systems are being used at tailings storage facilities (TSFs), an area of
increased focus in sustainable and responsible mining.
1730-1800 Fleet Decarbonization Strategies and Next Steps for Mining OEMs
Replacing the diesel utilised in transport is one of the key points considered for the 2030
target, given the high contribution in scope 1 emissions. Nevertheless, replacing the fleet
with electric consumption would also increase scope 2 emissions; thus the goal is not set in
the overhaul of the fleet per se, but in the decarbonisation measures. Not only do companies
have to plan the electrification, but also how to increase its low-emissions sources for
electricity. Besides electrification, hydrogen is a potential candidate and primary interest of
some mining companies
Steel production directly accounts for about 7% of global carbon dioxide emissions. With the
regulation and emission conscious customers becoming more demanding by the day, major
steelmakers are exploring greener production pathways. The transition will take time and a lot of
money and the newer processes could add to complexity necessitating newer raw materials and
inputs. New technologies and value chain changes are likely to help some of these hurdles which
are daunting and herculean.
Each opportunity for decarbonisation has a hurdle associated with it. Carbon capture has
technical challenges in the shape of engineering and integrating into production process. Shift
to DRI EAF pathway is complicated by access to raw materials and other inputs. DRI processes
face challenges around sufficient scrap volumes, high quality ore and further the DRI processes
requiring hydrogen face the high cost of hydrogen at this juncture. How will the industry be able
to navigate around these challenges.
Steel manufacturing based on scrap consumes around one-eighth of the energy required in
steel production using iron ore. This advantage has resulted in high steel recycling rates. Steel
scrap accounts for ~30% of raw materials required for meeting global steel demand. Apart from
lower energy consumption it also means Reduced GHG emissions, Low natural resource
consumption and Reduced landfill burden. Is scrap based electric arc furnace model the best
option for decarbonisation.
1100-1130 Carbon Capture & Utilisation Opportunities for Indian Steel Industry
The iron and steel industry is a dominant carbon emission source in India. CCUS is an important
potential technology for large-scale carbon reduction. Globally, four kinds of integrated schemes
of CCUS in the iron and steel industry are being evaluated, including “synergistic chemical
utilization of hydrogen resource and CO2”, “steel slag mineralization and carbon fixation in
coordination with solid waste disposal”, “microalgae biological carbon fixation collaborative
wastewater treatment”, and “CO2geological utilization and storage”. Which of these presents an
opportunity for Indian Industry to decarbonise faster at a lower cost.
1145–1215 Hydrogen Direct Iron Reduction (DRI) Steelmaking for Reduced Emissions
Transition to hydrogen as a primary reducing agent in steelmaking processes. Iron ore is reduced
with hydrogen while in a solid state, hence the name direct reduction, to produce direct reduced
iron (DRI) called sponge iron. Sponge iron is then fed into an EAF, where electrodes generate a
current to melt the sponge iron to produce steel. Green hydrogen, produced using renewable
energy, is particularly beneficial as it emits no carbon when used in steel production.
Global estimates suggest that the investment for setting up DRI steel plants with upstream
green hydrogen generation could reach INR 3.5 Lakhs/tonne. Additionally, the cost of green
hydrogen at Rs 300-400/kg is higher than the cost of grey hydrogen at Rs 160-220/kg. Similarly,
Carbon Capture and Storage (CCS) plants also have a high capital cost. For CCS, there is a lack of
data on the availability of potential geological storage sites and their capacities.
To secure scarce inputs some steelmakers globally are moving upstream, some are working
towards producing their own Green hydrogen, some are adding renewable power to activities
and some are acquiring scrap recycling companies. There is a closer collaboration happening
between steel producers and suppliers. In fact the sustainability focus is so high that some are
even considering geographic splitting of ironmaking from steelmaking.
Steel Decarbonisation Summit - 2024
1315-1415 Networking & Lunch Break
1415-1445 Replacing the BF with a low-carbon alternative, while keeping the BOF
Operational
DRI–EAF production plants require higher- grade iron ore than BF–BOF production
methods, because insufficiently dense iron ore can create acidic slag which can corrode the
EAF assets and, in the longer term, lead to decreasing yields. To mitigate this challenge, some
global steel producers are also looking into DRI investments that use open slag bath furnaces
(or reduced electric furnaces) with BOF, known as DRI–Melt–BOF. The open slag bath furnace
acts as a melting unit before putting the iron into the BOF, which allows lower-grade iron ore
to be used. At the same time, existing BOF assets can still be used.
1445-1515 Is Electrolysis Steel a Viable and Scalable Option for Low Carbon Steel
In electrolysis, iron ore is dissolved in a solvent of silicon dioxide and calcium oxide at 1,600°C,
and an electric current passed through it. Negatively-charged oxygen ions migrate to the
positively charged anode, and the oxygen bubbles off. Positively-charged iron ions migrate to
the negatively- charged cathode where they are reduced to elemental iron. If the electricity
used is carbon-free, then iron is produced without emissions of CO2.
In order to reduce CO2 emissions in the iron and steel sector, more focus has recently been
dedicated to utilizing renewable biomass as a reducing source as well as a source of heating
rather than fossil fuels. Partially substituting renewable biomass products and thermally
treated biomass in place of fossil fuels in iron and steel-making processes is one of the few
choices that may be implemented in the short and medium-term, both from an economical
and technical point of view.
1600-1630 Framing mechanisms and frameworks for Financing the Green Steel
Transition
Financing is critical in making the steel sector transition work. Increasing access to
sustainable finance, such as green bonds or sustainability bonds, and access to concessional
finance could move green investments in the near term.
The carbon intensity of Indian products is significantly higher than that of the EU and many
other countries because coal dominates the overall energy consumption. The proportion of
coal-fired power in India is close to 75%, which is much higher than the EU (15%) and the
global average (36%). Therefore, direct and indirect emissions from iron and steel and
aluminium are a major concern for India as higher emissions would translate to higher
carbon tariffs to be paid to the EU.
1700-1730 Insights into the Draft Carbon Credit Trading Scheme (CCTS) and
Potential benefits for Steel Industry
There is currently no clear standard for low-carbon or green steel. Existing green steel
standards are based on emissions or production processes, and the qualifying thresholds for
emissions intensity can vary from 2.5 tonnes CO2 per tonne of crude steel to almost zero.
Government policy can reduce the number of low-carbon standards, steel definitions and
certifications, and guide buyers in their decision-making
Decarbonizing the chemical and petrochemical sector is a complex and long-term undertaking
that requires collaboration among industry stakeholders, governments, and the broader
community. By embracing innovation and sustainability, the sector can reduce its carbon
footprint and contribute to a more sustainable future. Decarbonizing the chemical and
petrochemical sector is a crucial step in reducing greenhouse gas emissions and achieving
sustainability goals.
The production of olefins and syngas chemicals (hydrogen, methanol, and ammonia) represent
two of the most important processes in the petrochemical industry. Conventional production
processes for these base chemicals are heavily reliant on fossil fuels as a primary energy source
and are responsible for a significant proportion of the sector’s GHG emissions. Electrification or
the use of renewable electricity to drive chemical processes including conversion, separation,
and purification offer a significant potential pathway towards the chemical industry’s ambition
to achieve net zero emissions by 2050.
1030-1100 The Role of Carbon Capture and Utilization, Carbon Capture and Storage, &
Biomass to Enable a Net-Zero-CO2 Emissions Chemical & Petrochemical
Industry
The reduction of greenhouse gas emissions is an ever-increasing challenge for production units
in view of global warming concerns. Carbon dioxide capturing from petrochemical process
streams and flares has been recognized as one of the several strategies necessary for mitigating
the emission of greenhouse gases into the atmosphere. To keep greenhouse gases at
manageable levels, a large decrease in CO2 emissions through separation and utilization will be
required.
The bacteria in our gas fermentation systems use carbon dioxide (CO2) as the building block to
make larger organic molecules which could be sustainable jet fuel, biodegradable plastics, or
chemical building blocks for the chemicals industries that currently rely on petrochemical
feedstocks.
Increase process efficiency using enhanced materials, conversions and separations or new
processes, scaling up processes and products to get to market faster, at lower cost, and with
markedly lower carbon footprint. Enhancing chemical conversion process efficiency improves
the economics of downstream chemical products by avoiding production steps, thus enhancing
raw material efficiency and reducing capital.
Chemical & Petrochemical Decarbonisation
1245-1315 CO2 Management in Chemical Industry
Optimize the supply chain by reducing transportation distances, improving logistics efficiency,
and promoting sustainable packaging practices. This can help minimize the carbon emissions
associated with transportation and distribution.
The integration of renewable energy sources is a crucial strategy for achieving the
decarbonization of the chemical industry. By leveraging renewable energy in the production
processes, the industry can significantly reduce its carbon footprint and contribute to a more
sustainable and environmentally friendly operation.
Circularity in the chemical and petrochemical industry refers to the adoption of sustainable and
environmentally friendly practices that promote the efficient use of resources, reduce waste
generation, and encourage the reuse, recycling, and repurposing of materials within the
production processes.
Financing the decarbonisation of the chemical industry is essential for supporting the transition
to sustainable and low-carbon production processes. Given the scale of investment required,
securing adequate funding is crucial for implementing innovative technologies, upgrading
infrastructure, and fostering the adoption of sustainable practices within the industry.
1700-1730 Carbon Pricing & Incentives for Chemical & Petrochemical Decarbonisation
Carbon pricing and incentives can play a crucial role in facilitating the decarbonisation of the
chemical industry, encouraging the adoption of low-carbon technologies, and promoting
sustainable practices that reduce greenhouse gas emissions. By implementing effective carbon
pricing mechanisms and providing incentives for decarbonisation, governments and industry
stakeholders can incentivize the transition to more sustainable and environmentally friendly
production processes.
Safety and risk management play a critical role in the decarbonisation efforts of the chemical
industry, ensuring that the transition to more sustainable and environmentally friendly practices
is conducted in a safe and responsible manner. As the industry adopts new technologies and
processes to reduce its carbon footprint, effective safety and risk management practices are
essential to mitigate potential hazards and ensure the protection of human health, the
environment, and the surrounding communities.
Decarbonizing the power sector is a crucial step in addressing climate change and achieving a
sustainable energy future. It is a multifaceted challenge that requires a holistic approach
involving governments, utilities, industries, and consumers. Collaboration, innovation, and a
commitment to sustainable practices are essential to achieving a carbon-neutral power sector
and addressing the global climate crisis. What all will it entail in the Indian context
The need for accommodating increased electrification can drive technological innovation and
grid modernization efforts within the power sector. Investments in smart grid technologies,
energy storage solutions, and grid infrastructure upgrades can enhance the efficiency and
reliability of the power grid, enabling the seamless integration of renewable energy sources and
the efficient management of electricity demand, contributing to the overall decarbonisation of
the power sector.
Resilience and reliability planning are crucial considerations in the process of power sector
decarbonisation, as the transition to cleaner energy sources and technologies necessitates the
development of robust strategies to ensure the uninterrupted supply of reliable and resilient
electricity. Balancing the integration of renewable energy sources with the need for grid stability
and reliability requires careful planning and implementation of measures to address potential
challenges and risks.
1145–1215 How can Energy Storage Solutions help with the Decarbonisation
Integrate energy storage solutions, such as battery storage systems and pumped hydro storage,
to store excess renewable energy during periods of high generation and supply electricity during
peak demand hours or when renewable energy generation is low. Deploying energy storage
technologies can enhance grid stability, mitigate intermittency challenges, and ensure a reliable
and resilient power supply, contributing to the overall decarbonisation efforts.
1215-1245 Carbon capture and storage (CCS) Strategies for Power Sector
Carbon capture and storage (CCS) is a key technology that can significantly contribute to the
decarbonisation of the power sector by capturing and permanently storing carbon dioxide (CO2)
emissions generated from the combustion of fossil fuels during electricity generation. CCS plays
a vital role in reducing the carbon footprint of power plants and mitigating the impact of
greenhouse gas emissions on the environment.
Implement robust monitoring, reporting, and verification (MRV) protocols to ensure the
accurate tracking and measurement of stored CO2 and the integrity of storage sites. Regular
monitoring of CO2 storage sites is essential to verify the effectiveness of CCS operations, detect
any potential leaks or issues, and ensure compliance with regulatory requirements and safety
standards.
Power Decarbonisation Summit - 2024
1315-1415 Networking & Lunch Break
Data and analytics play a pivotal role in enabling predictive modelling and facilitating
informed decision-making within the power sector. Leveraging advanced data analytics
techniques and predictive modelling tools can help power companies optimize their
operations, improve grid reliability, and enhance energy efficiency. By harnessing the power
of data, the power sector can make more accurate predictions, anticipate future trends, and
proactively address challenges, ultimately fostering a more resilient and sustainable energy
infrastructure.
Invest in advanced power plant technologies, such as combined cycle gas turbines (CCGTs),
integrated gasification combined cycle (IGCC) plants, and supercritical or ultra-supercritical
coal-fired power plants, to improve the efficiency of electricity generation. Upgrading to
more efficient and cleaner power generation technologies can reduce fuel consumption,
minimize emissions, and optimize the overall energy production process.
Implement cogeneration and combined heat and power (CHP) systems to simultaneously
generate electricity and useful heat for industrial, commercial, or residential applications.
Leveraging CHP systems can improve the overall energy efficiency of power generation,
optimize fuel utilization, and provide a more sustainable and cost-effective solution for
meeting electricity and thermal energy demand.
Deploy high-voltage direct current (HVDC) transmission systems for long-distance electricity
transmission to minimize transmission losses and improve the overall efficiency of electricity
delivery. Leveraging HVDC transmission technology can enable the cost-effective transfer of
electricity over extended distances, reduce energy wastage, and enhance the reliability and
resilience of the transmission network.
Implement advanced grid monitoring and control systems to optimize the operation of the
transmission network, detect potential grid inefficiencies or disturbances, and facilitate
real-time adjustments to improve energy efficiency. Integrating grid monitoring
technologies, automated control systems, and predictive maintenance tools can enhance
the reliability and performance of the transmission infrastructure, contributing to overall
energy savings and operational efficiency.
Deploy waste heat recovery systems in power plants to capture and utilize waste heat from
exhaust gases or industrial processes for additional power generation or heating purposes.
Integrating waste heat recovery technologies can enhance the overall energy efficiency of
power plants, maximize energy utilization, and reduce the environmental impact of
electricity generation.
Decarbonizing the oil and gas sector is a complex and long-term endeavour, requiring
collaboration among industry stakeholders, governments, and the broader community.
Balancing the need for energy security with environmental sustainability is key to addressing the
challenges of this transition effectively. Decarbonizing the oil and gas sector is a crucial
component of global efforts to mitigate climate change.
Reducing methane emissions is a crucial aspect of decarbonising the oil and gas industry, as
methane is a potent greenhouse gas with a significant impact on climate change.
Implementing effective methane emission reduction strategies can help mitigate the
environmental impact of oil and gas operations, minimize the release of methane into the
atmosphere, and contribute to the overall sustainability of the energy sector.
1030-1100 Understanding the Best Practices for Well Completion and Operation
Adopt best practices for well completion and operation, such as green completions, reduced
emissions completions (RECs), and plunger lift systems, to minimize methane emissions during
well drilling, completion, and production. Implementing effective wellbore integrity
management practices, optimizing production techniques, and utilizing methane capture
technologies can reduce fugitive methane emissions and promote sustainable oil and gas
production practices.
CCUS technologies enable the capture and storage of CO2 emissions from various oil and gas
operations, including natural gas processing, enhanced oil recovery (EOR) processes, and
industrial manufacturing activities. By capturing and sequestering CO2 emissions, CCUS helps
reduce the environmental footprint of the oil and gas sector and supports the industry's
commitment to sustainability and environmental stewardship.
CCUS can facilitate enhanced oil recovery processes by utilizing captured CO2 for injection into
oil reservoirs, thereby increasing the efficiency of oil extraction and extending the lifespan of
mature oil fields. By repurposing captured CO2 for EOR, the oil and gas industry can enhance
production yields, improve operational efficiency, and leverage CO2 as a valuable resource for
maximizing oil recovery while simultaneously reducing carbon emissions.
Collaborate with industry stakeholders and regulatory authorities to develop and implement
methane reduction initiatives across the entire oil and gas value chain, including upstream and
midstream operations. Engage in industry-wide initiatives, support regulatory compliance
efforts, and promote the adoption of standardized methane reduction practices to foster a
collective commitment to environmental sustainability and methane emission mitigation.
Green finance initiatives within the oil and gas industry play a crucial role in promoting
sustainability, supporting environmental conservation, and fostering the transition to a more
sustainable and low-carbon energy future. By integrating green finance principles and
sustainable investment practices, the oil and gas sector can align its financial activities with
environmental and social responsibility, contribute to global efforts to address climate change,
and promote the adoption of environmentally friendly and socially responsible business
practices.
Deploy energy management and monitoring systems to track, analyze, and optimize energy
consumption across oil and gas operations. Implement real-time energy monitoring
solutions, conduct energy audits, and establish energy management protocols to identify
energy-intensive processes, detect energy inefficiencies, and develop targeted
energy-saving strategies that promote sustainable energy management and operational
optimization.
1515-1545 Resource Recovery & Reutilization for Circularity in Oil & Gas Operations
Explore opportunities for resource recovery and reutilization by capturing and repurposing
waste materials, by-products, and residual resources generated during oil and gas extraction
and processing. Develop resource recovery technologies, implement reuse strategies, and
explore the potential for converting waste materials into valuable products or energy
sources, fostering a more sustainable and circular approach to resource management within
the industry.
The electrification of oil and gas operations involves the integration of electric power
technologies and renewable energy solutions to optimize energy consumption, reduce
carbon emissions, and enhance the overall sustainability of the oil and gas industry. By
transitioning to electric-powered equipment, implementing renewable energy sources, and
adopting clean energy technologies, the oil and gas sector can promote environmental
stewardship, support energy efficiency, and contribute to the development of a more
sustainable and low-carbon energy system.
Participate in carbon trading markets and emissions trading schemes to trade carbon
credits and promote the exchange of emission allowances within the oil and gas industry.
Engage in regional and international carbon markets, comply with regulatory requirements,
and adhere to established carbon trading protocols to facilitate the transfer of carbon credits,
encourage sustainable practices, and foster a more transparent and accountable carbon
trading environment.
Implement waste heat recovery systems to capture and utilize waste heat generated during
oil and gas processing and refining operations. Integrate waste heat recovery technologies,
such as heat exchangers and cogeneration systems, to convert waste heat into usable
energy, reduce energy waste, and optimize the overall energy efficiency of oil and gas
facilities.
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Cheque / Bank Dra: Made payable to “Infinity Global Pvt. Ltd” Direct Transfer: Please qoute “GIDS Summit” with remittance advice
BANK DETAILS