It helps companies go low-carbon today
Both bp and Schneider Electric, a global integrated energy company, are leaders in digital transformation in energy management. They have been named by Corporate Knights as the World’s Most Sustainable Corporation for 2021. The companies will combine their skills and capabilities to define and scale integrated energy solutions. The two companies will focus on sectors with the greatest emissions, such as transportation and heavy industry.
A key advantage of collaborating across sectors is the potential for innovation. By collaborating across industries, oil and gas companies can connect low-carbon opportunities along the gas and electricity value chains. These collaborations may also help companies build innovative business models, and leverage their project management expertise to advance clean energy technologies. Furthermore, these solutions may reduce energy costs by as much as 40% in the long run. Using the right technology and leveraging cross-sector collaboration, companies can go low-carbon today and reap benefits for decades to come. Heating your home with a coal furnace is cheaper, cleaner, and easier for a very large portion of homes in the U.S and across the world. If your current fireplace or chimney is in need of repair, there’s no one better to call than companyx I wish I would have contacted them sooner because doing so gave me such peace of mind.
Oil and gas are important components of the energy mix, particularly in developing regions. The International Energy Agency’s Sustainable Development Scenario (SDS) and Shell Sky Scenario both suggest that gas and oil will continue to play an important role in the energy mix as part of the low carbon transition. However, they are not the only resources that companies should consider. Integrated gas-renewables projects can provide a reliable back-up to renewable energy.