APAC

The energy and chemicals company was recognised for its development & deployment of the Hybrid UT Inspection Drone, an innovative way of inspecting elevated pipes.

It currently dominates the carbon abatement cost spectrum.

There is potential for clean hydrogen to develop into a major market.

This should be mobilised to renewable energy, amongst others.

Coal plants may be converted to renewable energy facilities.

Around 1,200 GW of battery storage is needed by 2030.

A battery energy storage system will also be built.

More should be directed towards low-emissions assets.

They are all EU countries.

China added only a gigawatt of nuclear capacity in 2023.

Around $31.5t in investment is needed to power the clean energy shift.

Diverting capital to clean energy will bridge the $400b investment gap from 2024 to 2030.

This lags behind the average 2% improvement rate seen between 2010 and 2019.

Solar and wind power will need to grow to 44% by 2050. 

Solar is leading the pack.

Capacity as of 2023 has reached nearly 1,500 GW.