Achievement of net zero carbon emissions by 2050 is an ambitious goal set by the world community to counter the worsening climate crisis. However, many countries fear the risk of economic losses due to a decrease in the carbon intensity of GDP.
The 2012 Global Energy Prize laureate and member of the Global Energy Prize International Award Committee Rodney Allam will answer how can comprehensive decarbonisation of energy systems be achieved without compromising economic growth, what are the strategies for deep decarbonisation and can these examples be scaled and a number of other questions at the session ‘Deep decarbonisation: New strategies for net zero carbon emissions’, which will be held within the World Energy Congress at Abu Dhabi in the UAE on September 9.
Reducing the industrial use of traditional energy sources is becoming the essence of the energy policy of leading countries, a global trend in the development of a green economy. On the road to a carbon-free future, many experts are betting on the increased use of renewable energy. According to forecasts, by 2050 at least half (possibly up to 70 per cent) of the world's electricity will be generated through solar and wind energy. A number of experts also note the trend towards increasing the energy efficiency of traditional systems and the need to develop carbon capture and recovery technologies.
According to Rodney Allam, a new life can be given to traditional hydrocarbon-powered power plants, making them environmentally friendly. This is possible thanks to the technology he developed, the ‘Allam cycle’. The principle of operation of this cycle is as follows: natural gas is burned in a combustion chamber with pure oxygen at high pressure, and the resulting CO2 reaction then passes through a closed loop through a special turbine and returns back to the process.
The system has a high carbon capture rate of almost 100 per cent. Its additional advantage is the low cost of electricity production, comparable to the cost of electricity generation by other modern gas turbines: about 6 cents per kilowatt hour.
Note that the participation of Rodney Allam in the session ‘Deep decarbonisation: New strategies for net zero carbon emissions’ will take place within the Global Energy Association on development of international research and projects in the field of energy official programme at the 24th World Energy Congress. In addition to the presentation of the Global Energy Association’s experts in the business program, the association organises its own session ‘Mission possible: the Global Energy Prize as a driver for sustainable energy for all’, as well as presents a bright and dynamic stand.
The participants of the discussion will outline key energy solutions working towards achieving sustainable reality, consider the best innovative technologies aimed at improving energy efficiency, the use of renewable energy sources and clean technologies in traditional energy, and evaluate the amount of financial resources needed for the energy transition.The speakers will also present examples of global energy cooperation in the fight against environmental problems, analyse the policies of countries that are successful in implementing the sustainable development strategy and, in contrast, states whose actions lead to the strengthening of global climate problems.
“The new technological cycle requires novel integrated solutions,” commented on the agenda of the upcoming Global Energy Association’s event the head of the company Alexander Ignatov. “In our opinion, the sustainable energy strategy meets the main global challenges facing the world community today,” he said, adding that for its implementation, however, in addition to the initiative, political concessions on the part of the world’s leading countries and a radical revision of approaches to energy consumption are needed.
The 2012 Global Energy Prize laureate and member of the Global Energy Prize International Award Committee Rodney Allam will answer how can comprehensive decarbonisation of energy systems be achieved without compromising economic growth, what are the strategies for deep decarbonisation and can these examples be scaled and a number of other questions at the session ‘Deep decarbonisation: New strategies for net zero carbon emissions’, which will be held within the World Energy Congress at Abu Dhabi in the UAE on September 9.
Reducing the industrial use of traditional energy sources is becoming the essence of the energy policy of leading countries, a global trend in the development of a green economy. On the road to a carbon-free future, many experts are betting on the increased use of renewable energy. According to forecasts, by 2050 at least half (possibly up to 70 per cent) of the world's electricity will be generated through solar and wind energy. A number of experts also note the trend towards increasing the energy efficiency of traditional systems and the need to develop carbon capture and recovery technologies.
According to Rodney Allam, a new life can be given to traditional hydrocarbon-powered power plants, making them environmentally friendly. This is possible thanks to the technology he developed, the ‘Allam cycle’. The principle of operation of this cycle is as follows: natural gas is burned in a combustion chamber with pure oxygen at high pressure, and the resulting CO2 reaction then passes through a closed loop through a special turbine and returns back to the process.
The system has a high carbon capture rate of almost 100 per cent. Its additional advantage is the low cost of electricity production, comparable to the cost of electricity generation by other modern gas turbines: about 6 cents per kilowatt hour.
Note that the participation of Rodney Allam in the session ‘Deep decarbonisation: New strategies for net zero carbon emissions’ will take place within the Global Energy Association on development of international research and projects in the field of energy official programme at the 24th World Energy Congress. In addition to the presentation of the Global Energy Association’s experts in the business program, the association organises its own session ‘Mission possible: the Global Energy Prize as a driver for sustainable energy for all’, as well as presents a bright and dynamic stand.
The participants of the discussion will outline key energy solutions working towards achieving sustainable reality, consider the best innovative technologies aimed at improving energy efficiency, the use of renewable energy sources and clean technologies in traditional energy, and evaluate the amount of financial resources needed for the energy transition.The speakers will also present examples of global energy cooperation in the fight against environmental problems, analyse the policies of countries that are successful in implementing the sustainable development strategy and, in contrast, states whose actions lead to the strengthening of global climate problems.
“The new technological cycle requires novel integrated solutions,” commented on the agenda of the upcoming Global Energy Association’s event the head of the company Alexander Ignatov. “In our opinion, the sustainable energy strategy meets the main global challenges facing the world community today,” he said, adding that for its implementation, however, in addition to the initiative, political concessions on the part of the world’s leading countries and a radical revision of approaches to energy consumption are needed.
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