What does the Energy Transition mean for Technip Energies?
AP: To reach the goal of net-zero by 2050, the world has 60 giga-tonnes of CO2 to offset from today s position. This is the reality of the Energy Transition. This means that renewable energies, especially solar and wind, need to grow like no other energies have ever grown, energy storage solutions must be developed, and technologies for carbon capture, clean hydrogen and its derivatives, scaled up. While thinking global is necessary, we must also integrate more local considerations when studying and addressing circularity by design, in greenfield and brownfield energy infrastructures. In the interim, gas and in particular LNG and low-carbon LNG,
will become key transition fuels, to displace high-carbon fossil fuels, including coal and heavy fuel oil, in the global energy mix.
As an Engineering and Technology company, with over 60 years of successful operations, we are constantly pushing the boundaries to deliver innovative solutions and expand our offerings. Our strategy is focused around four high growth markets that constitute our energy transition domains low-carbon LNG, decarbonization, sustainable chemistry, and carbon-free energies. And we have achieved some important commercial successes across all these segments this year with some notable references in offshore floating wind, hydrogen, carbon capture and biofuels facilities.
04 . Interview with CEO and Chairman of the Board