Power
Upcoming Webinar to Discuss Energy Transition
Anyone not seeing it is wearing blinders: The world is in a state of energy transition. Power companies are phasing out coal-fired plants and moving toward renewable energy, electric vehicles are gaining ground, and green hydrogen projects are popping up throughout the world.
Released Monday, May 24, 2021
Researched by Industrial Info Resources (Sugar Land, Texas)--Anyone not seeing it is wearing blinders: The world is in a state of energy transition. Power companies are phasing out coal-fired plants and moving toward renewable energy, electric vehicles are gaining ground, and green hydrogen projects are popping up throughout the world. The move affects all industries, from the lithium mined for use in storage batteries for the power and vehicle manufacturing industries, to the growing orders for wind turbines and solar panels. Even Big Oil is taking a hard look at this shift and is focusing on various renewable and carbon capture technologies. Industrial Info is pleased to be providing insight into this dynamic global shift in an upcoming complimentary webinar: "The Energy Transition & its Impact on Global Energy and Industrial Infrastructure Spending."
The webinar will be presented Wednesday, May 26, at 10 a.m. CDT (11 a.m. EDT). Join Britt Burt, Industrial Info's vice president of research for the Power Industry, Trey Hamblet, vice president for Chemical Processing research, and Shaheen Chohan, vice president of Global Analytics, as they discuss the market trends and drivers behind the green energy sector. Industrial Info's industry experts will provide a global overview of renewable energy trends, green hydrogen development, carbon capture and other drivers in this dynamic sector.
In a recent "Thought for the Day" video about the energy transition and Petroleum Refining Industry, Chohan said that the COVID-19 pandemic has "hastened and brought forward" the consequences of the energy transition for refiners, so that there is an even larger impact on the industry. For more information, see May 5, 2021, article - The Energy Transition...What's in Store for the Petroleum Refining Industry? Hamblet, in a recent webinar on the Chemical Processing Industry, said that seemingly every day Industrial Info uncovers a new Power-to-X project, where renewable electricity is used to create green hydrogen and the manufacture of end products such as green methanol and green ammonia, saying, "I really think this is something that is going to be a significant portion of the chemical industry when we look out to the next three to five years." Click here to view that webinar.
The upcoming webinar's topics will include:
- Market trends and drivers behind the green energy sector.
- A global overview of renewable energy trends, green hydrogen development, carbon capture and other industry movers.
- Power-to-X technology trends: Industrial Info has identified more than $52 billion in future development, predominantly in Europe and Oceania, with trends picking up quickly in Asia and North America.
- Proposed renewable diesel investments, which exceed more than $14 billion globally. While the trend is predominately in the U.S., it is migrating quickly to Latin America and Europe, with 3.2 billion gallons per year of new capacity already identified globally.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
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