Deep decarbonisation: New strategies for net zero carbon emissions
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. 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? Rodney Allam, the 2012 Global Energy Prize laureate, member of the Global Energy Prize International Award Committee, will answer these and a number of other questions at the session “Deep decarbonisation: New strategies for net zero carbon emissions”, which will be held on September 9 within the World Energy Congress (Abu Dhabi, the UAE).
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%) 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%. 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 program at the 24th World Energy Congress. In addition to the presentation of the Global Energy Association’s experts in the business program, the Association organizes 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.