Batteries, hydrogen and CCS key to transition
Reaching net-zero emissions will require widespread deployment of all three technologies
Batteries, hydrogen and carbon capture and storage (CCS) will each need to gain traction across a range of sectors to deliver the energy transition and meet net-zero emissions targets, according to speakers at a Rystad Energy event yesterday. “There are really three enabling technologies for the energy transition to happen: that is, batteries, hydrogen and CCS,” says Rystad Energy CEO Jarand Rystad. “What we saw last year was incredible growth in the market” Knudsen, Aker Batteries are the most advanced of the three transition technologies, but global production will need to scale up to meet demand for electrification of transport and for energy storage. Global battery capacity will
Also in this section
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum
1 May 2024
Abundant storage and low cost of capturing CO₂ from sharply rising gas production mean NOC’s ambitious CCUS targets look well within reach
29 April 2024
Decarbonisation push and shifting multilateral trade policy sharpens continent’s need for carbon trading
29 April 2024
Canada’s oil sands producers need policy certainty to make the multibillion-dollar investments needed to achieve net zero, Pathways Alliance president Kendall Dilling tells Carbon Economist