Business Side of Running a Utility in 2022
- Feb 23, 2022 6:53 am GMT
This item is part of the Business Side of Running a Utility in 2022 - February 2022 SPECIAL ISSUE, click here for more
The use of electricity has gone beyond just lighting and the demand is understandably likely to increase due to rising household incomes, electrification of transport and more importantly, rapid digital transformation. This demand perhaps resulted in the highest Global CO2 emissions from power sector. Decarburization therefore could provide an option of reducing carbon dioxide emissions worldwide. The impetus could not have come at a better time than at the recent COP-26 meeting where, emphasis was laid on ‘Carbon-Neutral’ approach. Hydrogen or synthetic liquid fuels in combination with the renewables were felt to play a major role in this attempt towards ‘Carbon neutral’.
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