Hydrogen as a lever for change, the engine for green recovery, and a key element in the energy transition, that is the central topic of the new Energía16 (issue #32).
Providing clean, abundant, and cheap energy, hydrogen can be one of the fundamental energy carriers in the process to decarbonization. Furthermore, it represents a skip toward a new energy and climate order.
This energy alternative is nowadays a technologically developed reality that contributes to sustainability, understood more as an opportunity to implementing clean energies and the circular economy rather than a problem.
This is how this issue is treated at Exolum, the CLH Group’s new company aimed at transforming business models to innovate with the help of viable and sustainable projects, mainly based on infrastructure transformation.
In an interview with Energía16, company director Felix Gómez Cuenca, said that hydrogen represents a versatile solution that can contribute to achieving basically all energy targets. It allows lowering environmental impact, diversifying energy sources, and improving the security of supply while also boosting a new technology sector that can help create economic activity and jobs.
For its part, the Spanish Hydrogen Association (AeH2) considers that the sector’s expansion will be key to reaching the goals of the Green Deal and turning Europe into the world’s first climate neutral continent by 2050.
Greener technology and energies
Companies like Cepsa are committing to technological innovation that provides efficiency and value, aware that data energy would implement the Industry 4.0 through digital transformation. As the Industry 4.0 moves forward, the technology based on real-time communication, big data, artificial intelligence, machine learning, robotics, remote sensors, and interconnectivity, among other digitalized processes, enables to increase security and control, predicting malfunctions and risks in an agile and efficient manner, including the risks related to the climate emergency.
Consumers’ support for product carbon footprint labeling continues to increase, according to a poll conducted by Carbon Trust. Sabrina Parker, European Client Manager for this firm, told Energía16 that the labeling offers a way to communicate the companies’ commitment to the environment.
After overcoming coal for the first time in 2019, low-carbon sources will expand their leadership this year, to reach 40% of global electricity generation, 6 percentile points ahead of coal.
In this issue, we analyze the impact of COVID-19 on renewable businesses. Despite the drop in power consumption during the lockdown, renewables are becoming a great opportunity in a time of crisis.
The energy market has been one of the most affected by the pandemic. The sharp drop in oil demand is just the tip of the iceberg. Amid the de-escalation, the Spanish Government approved the draft Law for Climate Change and Energy Transition and has submitted it for parliamentary approval. A tremendous incentive for investment. In late May, Capital Energy and Iberdrola announced mega projects and multi-million investments in the renewable sector.
Cristina Sánchez, executive manager of the Global Compact Spanish Network, is deepening the close bond between the economy, people, and the planet, warning that companies cannot lag behind since they play a crucial role as the driving agents for new actions and trends. This is the case of Endesa, which has been awarded the “Calculate” and “Reduce” seals for the second year in a row, in addition to the “Compensate” seal awarded by the Spanish Office for Climate Change.
Finally, this new issue of Energia16 closes with an analysis of electric mobility in Latin America, a sector led by Colombia when it comes to green public transport.
For more information, check Energía16