Accenture’s Post

#Decarbonization is being redefined! 🌱 Explore the latest research about how heavy industries can affordably reach #netzero targets without compromising business processes in our #BuiltForChange podcast

How do we accelerate industrial decarbonization? I discussed this recently with Emily Shults, SVP and Chief Business Officer, Low Carbon Solutions, Sempra Infrastructure, on the Accenture Built for Change podcast. If you’re an executive concerned by the complex challenge of industrial decarbonization, please do listen in.

A rapid, affordable approach to decarbonization is possible—and it doesn’t have to be a trade-off for growth. Episode 39 of #BuiltForChange discusses our recent decarbonization research, the biggest challenges facing industries and why the next three years are critical. Tune in now: https://accntu.re/3xU0mCo [Video description: Clouds in the sky slowly move while text animates that reads: Net-zero success is found at the intersection of industries. Side-by-side videos appear; on the left is a product-line conveyer belt and on the right is an overhead view of the ocean. Text animates that explains: Light industries need to attract customers to green products. Side-by-side videos appear; on the left is a cargo ship with shipping containers and on the right is snowy mountain tops. Text animates that explains: Heavy industries need the demand for green materials to produce those products. Side-by-side videos appear; on the left is a wind turbine farm and on the left is a stream in a forest. Text animates that explains: Power providers must deliver affordable, low-carbon power at scale. The product-line, cargo ship, and wind turbine videos reappear side-by-side as text animates below that explains: The next three years will define heavy industry’s long-term future and determine net-zero success for all. A blank frame appears with text that reads: Learn more about advancing your net-zero transition on our latest episode. Listen now. The Built for Change and Accenture logos appear.]

💭 "We are not lacking ideas. We are lacking vision of what we want and legislative clarity to get there. And that's a big job." - CEO of ENERGYNEST, Dr. Christian Thiel 🎧 Listen to the latest episode of the Passion for Technology podcast discussing the question: "Energising a sustainable industry - efficient, renewable and self-sufficient?" You can find the episode live and available on your podcasting platform of choice! 🔴 Or directly here 👉 https://lnkd.in/eAfMxfqT A big THANK YOU 🙏 for having us and Dr. Christian Thiel together with EBV Elektronik and Andrej Orel, Stefan Kürzinger, Karl Lehnhoff, Eva von Einsiedel and the whole team behind the scenes! 📩 Drop us a message here or on [email protected] and we jointly discuss how thermal storage can support your company on the way to #netzero by storing, time-shifting and balancing high- or medium pressure steam or heat to make it available on demand, and achieving true balance needed for greener industrial processes! Shownotes: As part of the Paris Climate Agreement, Europe has committed to limiting global warming to 1.5°C, if possible. To achieve this goal, industry must also make a substantial contribution to reducing emissions. In recent years, the focus has been on improving energy efficiency: according to Eurostat, industry was able to reduce energy consumption by 12.4% between 2007 and 2021. In the meantime, however, such a high level has been reached that in many areas a further increase in energy efficiency is only possible at disproportionately high costs. Moreover, the development is also reaching physical limits. In addition, there is currently the question of the secure availability of energy. #decarbonization #energysecurity #netzero #industry #thermalstorage

In an exhilarating leap towards the UK's net-zero emissions goal, a DNV study enlightens us with the potential of an ecosystem of connected digital twins. This isn't science fiction; it's a smart, data-driven pathway to integrate our energy systems more effectively by 2050 🌿⚡. Imagine, rather than a single colossal model, a network of digital counterparts—each wind turbine, cable, and pipe—communing in a shared digital dialect. The age of siloed assets is on the brink of an overhaul, promising a United Kingdom connected in its energy aspirations and efforts 💡🔗. However, the crux lies not in the technology itself but in the unified trust and collaboration between organizations. Innovations come with their own set of challenges, including cyber threats that demand robust security measures to protect these new digital nerve points 🛡️. What's more human-centric than ensuring everyone understands how a digital twin can simplify their work? The technology itself is robust, but its successful implementation pivots on people, embedding it into the fabric of daily operations to ignite transformative change 🧑🤝🧑✨. Take National Gas's FutureGrid project as a gleaming example; leveraging digital twins, they're unravelling the complexities of integrating low-carbon sources like hydrogen into our national energy system. This isn't just about innovation; it's about preparation and safety for a greener future 🍃💼. The unanimous voice from energy sector leaders calls for shared insights, a common framework, and an internal and external aligning of organizations. Digital twins should be more than a flashy tech feature; they must personify the essence of an organization—its culture, ethics, and strategy 🚀. It's transparent: Trust is key. As DNV's Hari Vamadevan puts it, finding the "sweet spot" between openness and security will emerge from industry experiences and constructing robust frameworks to ensure that both our digital and physical assets are reliably managed 🌐. We're on the verge of a digital-powered energy transformation—but it needs collective willpower to truly transpire. Now, let's stir the pot a bit—and I mean that in the most sustainable way possible 🌱. How do we, as changemakers, ensure that this transition is seamless and citizen-centric? #DigitalTwins #NetZero2050 #EnergyInnovation

Against a backdrop of rising climate urgency, there are signs of possibility, progress, and hope in the #energytransition. The challenge remains enormous, to be sure, but as the impacts of exponential progress unfold across the global economy, the promise of a world, re-energized is becoming reality. We have now launched our new web hub on RMI, containing all our major reports and latest articles on the energy transition: https://lnkd.in/ekrUhe_K I invite everyone to have a look and explore our reports and insights, including those on the technology and macro economic change unfolding globally in the energy transition, on corporate action, and stories and insights to add further color to this analysis. A big thank you to our partners and funders that help support this work, including Delta Electronics Foundation, Yvonne Yi-Chieh Chan, Bezos Earth Fund, Deloitte and individual donors. As always, we are looking for further partners to help support and elevate our work in the global debate.

Net zero by 2050, sounds ambitious, right? It surely is, and will not be achieved without new innovations and heavy investments into both physical & virtual assets. During your next commute (probably not yet fueled by hydrogen ;) ), listen to this 20 minute podcast that dives into "How digitization is decarbonizing industry" "We can help the energy sector to actually push the frontiers of what is possible. And we are, through helping them to explore the deployment of new energies, such as blue and green hydrogen.” Lisa Wee, Global Head of Sustainability at AVEVA As the global drive towards #decarbonization intensifies, it becomes increasingly crucial for the energy sector to embrace innovative and #sustainable alternatives. Learn more about how green hydrogen is paving a promising pathway towards a #carbonneutral future: https://bit.ly/45EBF7D

"The world is in trouble" 🌍 Amer Gaffar FRSA, Director of the Manchester Fuel Cell Innovation Centre, and his passion for educating about hydrogen is infectious. Why is he so passionate? Because, as he explains below: the world is in a lot of trouble, and hydrogen can help. To find out more on why hydrogen is the fuel of the future, take a listen or watch the episode today: https://lnkd.in/dHGmTF4V

The Energy Sector And AI: Unplugging The Interconnection Queue Backlog 🌞 Unplugging the Future: AI's Role in Powering Up Renewable Energy 🌱 In an era where the demand for renewable energy is sky-high, a staggering 947 gigawatts of solar power are caught in the interconnection queue, awaiting approval to light up over 900 million homes across the US. But there's a beacon of hope – Artificial Intelligence. #RenewableEnergy #AIForGood President Biden's latest Executive Order on Artificial Intelligence is not just a directive; it's a clarion call for innovation. It positions AI as a critical tool in enhancing our electric grid and optimizing power delivery, aiming to bridge the gap between green innovation and regulatory processes. 🚀 The backlog in the interconnection queue is more than a mere inconvenience; it's an existential threat to our climate goals. With only 21% of projects making it through the queue, we're at risk of falling short of COP28's ambitious yet crucial target to limit global warming. But here's where AI steps in - from streamlining regulatory tasks to predictive maintenance and optimizing energy distribution, AI can accelerate our transition to renewable energy, making the grid more efficient and resilient. 🌍💡 As business leaders, we're not just spectators; we're catalysts for change. It's time to advocate for AI integration in energy processes, pushing for a future where sustainable power is not just imagined but realized. Let's champion AI for a greener, more sustainable world. 🌟 #EnergySector #SustainablePower #AIInnovation #ClimateAction https://vist.ly/37j9s

🌳🌳🌳 Discover the powerful "multiplier effect" of #green technologies where each ton of #emissions avoided leads to even greater global reductions. Recent analysis shows the potential sweeping impacts of investments in renewables and clean energy innovations that deliver #sustainability dividends while enabling growth. Explore our approach backing the disruption across data, #AI, transport, carbon utilization and more essential for #climate safety and an inclusive clean energy future. The time for gradual progress has passed; transformation is now imperative. 🌳 Source: https://lnkd.in/dX75M_Ax At #Nexwell we invest in industries vital for a thriving #decarbonized planet.  Join us as we nurture a better future for coming generations. #cleanenergy #innovation #climatefinance #sustainableeconomy #sustainableinvesting