July 2019

Sustainability

Adapting and prospering in the energy transition

The energy transition is gathering momentum as pressure from society leads policy makers and investors to demand faster and deeper cuts to carbon dioxide (CO2) emissions from all industrial sectors.

Hasegawa, K., Shire, T., Yokogawa Corp. of America

The energy transition is gathering momentum as pressure from society leads policy makers and investors to demand faster and deeper cuts to carbon dioxide (CO2) emissions from all industrial sectors. Simultaneously, technology is facilitating change, with falling costs of renewable energy resulting in cheaper and greener power, and digitalization allowing energy suppliers and consumers to act in a connected, nimble way. Despite this, world demand for energy has increased, and will continue to increase, for the foreseeable future. One change in the balance between energy production and consumption will occur as the demand side is poised to make substantial geographical shifts over the coming

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