Industry
Likewise, machine learning and AI are allowing us access to real time information. This is the direction the world is moving in, and it allows companies to improve their operations and change their course if needed.
For instance, we will have one nautical mile between our turbines, unlike any other wind farm in the world, abiding by fishermen’s spacing requests.
According to UN data, between $3 trillion to $5 trillion of investment is needed per year between now and 2050 for climate transition to be successful.
We aim to grow further in the automotive and electrification space, two industries we have seen grow since their inception. It is a long-haul industry, with plans spanning decades and where we need to be at the ready.
For many years renewables sources have been qualified as alternative energy but nowadays they have become the only way to offer long-term price predictability to customers. If we want to tackle the energy price increase in the world, we need to ramp up the proportion of renewable energy in the grid.
In the near to the mid-term, we are looking at providing lower emission fuels, such as biofuels, renewable diesel, and sustainable aviation fuels.
Redeveloping or repurposing existing assets is vital to transforming the sector, and can be a more cost effective and sustainable solution to new development.
The development of a country should go hand in hand with the acceleration towards the green transition, but, unfortunately, not all the states of the developed world have a solid carbon tax in place.
Power systems must be adjusted to enable renewable power integration. Seeing how energy security crises are unfolding in different ways across the world, our work feels more urgent now than ever.
