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FIGURE 1: WORLD PRIMARY ENERGY SUPPLY BY SOURCE




















                                                                                            FIGURE 2: CARBON EMISSIONS AND CARBON BUDGET
                                                  variety of sources. These include power   by the rest of the world. As several
                                                  generation from gas or coal, hydrogen   governments have set a net zero target,
                                                  production from gas or coal, and   this is likely to increase the demand for
                                                  directly from energy- and emissions-  CCS solutions.
                                                  intensive industries, such as those   Large scale uptake of CCS technology
                                                  making ammonia, cement, and steel.   will unlock significant opportunities
                 energy supply in 2050 (Figure 3). The   When used with biomass sources in   for hydrocarbon and renewable
                 use of oil and coal is relatively flat   power generation, CCS can produce   energy technologies to work together
                 towards 2030, after which both sources   negative emissions, which are critical to   towards a more sustainable energy
                 decline significantly.           achieving any net-zero target in practice.  mix. Such prospects can only be
                   As gas secures its place as the world’s   All major routes to deeply   achieved successfully if the energy
                 largest energy source from the middle   decarbonise hydrocarbon use rely   industry shifts its mindset from ‘gas vs
                 of the next decade, the impact of the   on the large-scale uptake of CCS. Its   renewables’ to ‘gas and renewables’. In
                 carbon footprint created by production   future largely lies in the hands of   addition, alternative options, such as
                 and consumption must be reduced to   policymakers setting a higher carbon   the greening of gas consumption, must
                 help achieve national and international   price than the cost of the technology,   be rapidly developed.
                 targets for climate change mitigation.  or through supporting investments
                                                  from taxation. Industry can also play a   Energising collaboration and integration
                 As gas secures its place as the   role in stimulating quicker adoption by   The successful and rapid
                 world’s largest energy source    focusing on finding ways to reduce the   decarbonisation of the gas mix will
                                                                                   rely on strategies to allow hydrocarbon
                                                  cost of CCS technology.
                 from the middle of the next        Without governments enacting   and renewable energy technologies
                 decade, the impact of the carbon   policy, and industry reducing the cost   to work more closely together, not
                 footprint created by production   of technology, the ETO asserts that CCS   in competition with each other.
                 and consumption must be          will not be employed at scale until the   Technological approaches for a more
                                                                                   cohesive and sustainable alignment
                                                  2040s. By 2050, analysis suggests that
                 reduced to help achieve national   only four per cent (0.8 gigatonnes of CO₂  encompassing production and
                 and international targets for      per year [GtCO₂/yr]) of fossil fuel-related   consumption, includes:
                 climate change mitigation        emissions will be captured by CCS.       Introduction of new, carbon-free
                                                    The report also indicates large   forms of gas, such as hydrogen, to
                                                  regional variations in future uptake.   national gas networks.
                 CCS takes centre stage           Half of all currently captured emissions        Power-to-gas, with existing gas
                 Carbon capture and storage (CCS) can   are in Greater China in 2050. In Europe,   pipelines used to transport hydrogen
                 be used to gather and permanently   it is 19 per cent and in North America   produced from electrolysis using
                 store carbon emissions from a wide   it is 13 per cent, leaving little captured   offshore wind power, or from



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        EnergyTransition.indd   2                                                                                 17/10/2019   14:32
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