Origin Energy’s Post

Are efforts to transition to a low-carbon future adequately taking into account the complexities of energy security in growing economies driven by increased manufacturing, technology, and industrialization? For instance, in 2023, global coal consumption reached a record high of over 160 exajoules, despite significant efforts and investments in renewable energy. This record-high coal consumption suggests that the transition to a low-carbon future is more complex and slower than anticipated. Challenges, such as energy security concerns, are hindering progress. In fact, coal, oil, and natural gas still account for over 70% of the world’s energy consumption. #lowcarbonfuture #energysecurity

Some encouraging statistics from Ember's Global Electricity Review 2024 report. It’s also a strong reminder that North America needs to begin to prioritize domestic #lithiumrefining. #Lithium is a key ingredient for energy storage in the transition to #renewableenergy, and as long as North America is relying on battery-grade lithium, energy security will remain a huge risk. https://lnkd.in/daR5z9GX

Latin America's hydroelectricity and renewable energy resources could lead to a clean hydrogen boom, but hurdles remain. Government leaders anticipate a significant benefit from green hydrogen, produced from non-carbon-emitting renewable electricity. Read more here: https://fcw.sh/9aAXfF #HydrogenNow #CleanEnergy #H2 #Decarbonise #greenhydrogen #HydrogenEconomy #EnergyTransition

Are you ready for the marathon? Join us tomorrow for the Energy Transition Marathon, even if you're not into jogging. I'll be talking about successful decarbonization strategies for oil and gas companies. #corporatestrategy #sustainability

What a surprise! With the entire world moving toward renewable energy and reducing its focus on fossil fuels, 2024 has been a year of record coal consumption, hitting 8.77 billion tons globally. Although the entire world is focusing on renewable and clean energy like wind, solar, pump storage, and hydropower, the ground reality looks very different because it looks like renewables aren't fully ready to replace coal. Most emerging economies are still heavily reliant on fossil fuels to fuel their energy needs. In the carousel below i have explained more regarding this topic. Do share your thoughts in the comment section. #coal #energy #renewableenergy #economy #power

🛠 🚨 Hydrogen: Not a Solution for Gas-Fired Turbines Key findings ⏬️ - Billions of $ in needed infrastructure investment would yield only marginal environmental benefits - State regulators and potential project investors need to scrutinize assertions that hydrogen gas will be widely used in methane-fired turbines. - Lack of supply, lack of pipeline infrastructure, and lack of storage capacity will slow and perhaps entirely halt the widespread use of hydrogen as a replacement for methane in turbine generators. - The costs of wind, solar and storage are known today, while the ultimate cost of any “hydrogen-capable” turbine will not be known for years. - Hydrogen-related power projects require significant additional investments that will be extremely costly for ratepayers, may not actually work and will conflict with readily available and cheaper renewable options. Source Institute for Energy Economics and Financial Analysis (IEEFA) https://lnkd.in/gKURXFkU #LNG #Hydrogen #hopium #gasturbines #powergeneration

What this chart shows is that the real "coal killer" is natural gas. Renewables now match nuclear for percentage of generation. Together these 2 non-carbon emitting sources producing enough to meet almost 1/5 of our electricity demand. #energy #climatechange #sustainability

What role can #hydrogen play in creating a greener, fairer energy future? 💚 Our Whole System Model identifies the best locations for #GreenHydrogen production, storage, and pipelines, along with the timelines to achieve this. It takes into account varying weather conditions, and models what should happen on sunny and windy days to provide a resilient back up for renewables when demand exceeds supply. 🎥 We asked William Mezzullo to provide this quick explainer at the recent Hydrogen for Life Conference. Read more👉 https://lnkd.in/em8-uCUZ

Turning the lights on and boiling the kettle on demand is something that we take for granted. However electricity on demand in a net-zero world isn't as simple as having more solar panels and wind farms if the sun isn't shinning and the wind isn't blowing. Here in Centrica we're doing our part to ensure security of supply for the UK through a hydrogen based system that creates, stores and gives us energy when we need it.

The UK's last operational coal-fired power station, Ratcliffe-on-Soar, is scheduled to shut down permanently on 30th September. This marks a significant milestone in the country’s transition away from coal energy. The plant received its final delivery of coal in late June, signaling the end of its operations after decades of service. As the nation continues to embrace cleaner, renewable energy sources, the closure of Ratcliffe-on-Soar highlights the ongoing effort to reduce carbon emissions and move toward a more sustainable energy future. https://lnkd.in/gsSyizcd #SustainableFuture #GreenEnergyTransition