Tuesday’s CERAWeek sessions underscored the need for innovation across the widest possible set of technologies to accelerate progress toward net zero. As ExxonMobil Chairman and CEO Darren Woods pointed out, effective innovation is more a matter of “and” than “or”— reducing emissions quickly, safely, and securely will require a diverse energy mix. Carbon capture technologies will help reduce emissions while hydrocarbons remain a part of that mix.
As we recognize International Women’s Day today, it’s important to note that what is also needed in the mix are collaborations that represent a diversity of perspectives, voices and experiences – especially those of women in the industry. The unprecedented collaborations that will spark the innovations needed to navigate the energy transition will be stronger if they are more diverse, which is a refrain we expect to hear in many of today’s sessions.
This morning, Denise Mannix, the president of Lean In Network Energy, is leading an important session on what it will take to raise the glass ceiling higher across the industry in the coming years. This afternoon’s keynote will feature one of the world’s most influential woman policymakers, U.S. Secretary of Energy Jennifer Granholm. We expect both to discuss the contributions they and their peers will make as the energy system evolves in the coming decades.
News and trends that will drive this week’s conversations:
Carbon capture technologies may have been around for a long time, but they’re still innovating and still attracting venture capital.
New methods are under exploration on how to utilize Artificial Intelligence (AI) to discover new and more efficient materials for net zero technology.
The energy industry is leading this stage of the transition with bold action and a sense of urgency while demonstrating the ways companies and regions can decarbonize—from commercializing new breakthrough technologies to future-proofing existing assets. Today at CERAWeek, we’re looking for additional opportunities for the industry to accelerate near-term climate progress even as we pursue longer-term solutions.
Takajiro “Tak” Ishikawa, President & CEO of Mitsubishi Heavy Industries America, joins Matthew Crocker of ExxonMobil, Clio Crespy of Guggenheim Securities, Carolyn Seto of S&P Global and Jeff Gustavson of Chevron New Energies, to discuss corporate strategies for reducing carbon emissions. The conversation will touch on tactics such as electrification, the minimization of energy use, the transition to low- and zero-carbon energy sources and the development of next-generation energy supply chains.
Mike Fowler (MHI), Andrew Fishbein (Climeworks), Ed Kim (Bloom Energy) and Oscar Abbink (S&P Global) discuss how carbon capture, utilization and storage can help create a lower-emission economy.
Sandhya Ganapathy (EDP Renewables North America), Cully Cavness (Crusoe Energy), Jacob DeWitte (Oklo) and Rashika Gupta (S&P Global) discuss how energy-intensive data centers can lower emissions through solar, wind, geothermal and other clean energy technologies.
Javier Cavada (Mitsubishi Power), Dave Wisenteiner (Microsoft), Roger Kranenburg (Eversource Energy), Stephen Feilhauer (S2G Ventures) and Mike Kearney (The Engine) consider how investors can advance transitions to new energy solutions.
S&P Global’s Atul Arya leads Darryl Willis (Microsoft), Luis Cabra (Repsol), Hitoshi Kaguchi (Mitsubishi Heavy Industries), and Astrid Poupart-Lafarge (Schneider Electric) in a discussion on how businesses can generate returns while meeting demands for sustainable portfolios in a post-pandemic era.
Follow the full breadth of Mitsubishi Power Americas programming at CERAWeek 2023 here.
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, is a world leader in power generation and energy storage solutions. It provides power generation solutions that include cleaner natural gas and green hydrogen, renewable energy, hydrogen and battery energy storage, environmental controls, services, and digital solutions for plant operation and maintenance.