Carbon capture and utilization (CCU) can be a game-changer in the fight against climate change, transforming captured CO2 into valuable products. Our research shows that CCU could significantly reduce emissions from hard-to-abate sectors by 2050. With the right investment and regulatory support, technologies like CO2-derived construction aggregates, CO2-cured concrete, e-kerosene, and e-methanol can become vital tools in our sustainability arsenal. Explore the transformative potential of CCU: https://lnkd.in/g7TdVy9F Oluseye 'Bayo' Owolabi, Rukmini Sarkar, Bas Sudmeijer, and Carl Clayton #EnergyTransition #Decarbonization #Sustainability #ClimateChange
BCG on Energy
Business Consulting and Services
Boston, MA 50,586 followers
Unlocking solutions for uncertain times in Energy. Explore our latest insights and thought leadership.
About us
Improving performance, tapping into new opportunities, and managing the energy transition are critical for companies operating across the Energy industry. At BCG, we provide the expertise and capabilities needed to transform organizations during times of rapid change. The capacity to adapt strategies, embrace new digital business models, understand new low emission pathways, and move fast is a prerequisite for tomorrow’s energy leaders.
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https://www.bcg.com/industries/energy/overview.aspx
External link for BCG on Energy
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Updates
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Energy top TSR performers were 35% more likely to achieve cost savings and reductions. By implementing strategic cost reduction programs, nearly three-quarters of top performers excelled in managing costs during turbulent, inflationary times. This resulted in significantly greater margin expansion compared to peers. Read the full analysis here: https://lnkd.in/er22VczH Rebecca Fitz, Clint Follette, Benjamin Vannier, Santosh Appathurai, Timm Rugen, and Ben Gottesdiener, CFA
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Electric vehicles growth will impact the profits of #fuelretailers. What does this mean for the future of our service stations? We see three primary market scenarios that are likely to play out globally up to 2035. We have modelled each to understand how these markets will evolve, and the actions fuel retailers must take to adapt and thrive in this evolving landscape. Read more here: https://lnkd.in/gciaMD7N
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The future of #upstream oil & gas lies in sustainable cost reduction. By adopting zero-based site manning and outsourcing maintenance, companies are achieving up to 40% reductions in onsite staff and significant savings. Discover how these forward-thinking strategies are shaping the industry and ensuring long-term success: https://lnkd.in/gJNtBAjp Shiva Kant, Uday Vir Singh, Jean Christophe Bernardini, Aman Modi, FCA, CFA, Jaime Ruiz-Cabrero and Jimenez Borja Follow us at BCG on Energy to know more about our latest thinking on the energy industry. #EnergySector #UpstreamOil #OilAndGas #CostSavings
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Carbon capture and utilization (CCU) has the potential to play a significant role in creating a more circular global economy. With research suggesting that #CCU could account for 10% to 33% of total captured carbon by 2050, its potential cannot be ignored. In the near term, the most promising technologies will be those that recycle CO2 into carbon-dependent products like construction aggregates, CO2-cured concrete, e-kerosene, and e-methanol. Read more about our findings and the future of CCU: https://lnkd.in/g7TdVy9F Oluseye 'Bayo' Owolabi, Rukmini Sarkar, Bas Sudmeijer, and Carl Clayton #CarbonCapture #EnergyTransition #Decarbonization #Sustainability #ClimateChange
Fulfilling the Promise of Carbon Capture and Utilization
bcg.com
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We are honored to be appointed once again as the Knowledge Partner for the upcoming International & Indonesia Carbon Capture and Storage Forum Indonesia CCS Center International & Indonesia CCS Forum. Join us as our very own Haikal Siregar presents on the second day of the forum. His session, "Where We Go From Here - Bringing Them Into Conclusion and Way Forward," will provide key action points for businesses in the CCS industry. Event Details: 📅 31 July – 1 August 2024 📍 JCC Senayan, Jakarta We look forward to seeing you at this important forum to chart the future path of the CCS industry. Learn more and join the discussion at www.iiccsforum.com
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🌍 The nascent #hydrogen market faces complex commercialization challenges, akin to early #naturalgas markets. Key strategies for success include: 1️⃣ Targeting strategic offtakers with premium ability and high decarbonization needs. 2️⃣ Adopting flexible pricing models to reflect market-based dynamics. 3️⃣ Timing contract negotiations to find the right consortium and de-risking levers. 4️⃣ Aligning with regulations and government support for risk reduction. 5️⃣ Leveraging digital tools for comprehensive risk assessment. 6️⃣ Embracing project finance by blending equity, debt, and concessional finance. Following these playbook rules will help market participants navigate the evolving landscape and seize opportunities, accelerating hydrogen's commercialization and development towards global tradability by the 2030s. Learn More: https://lnkd.in/dE7qH9vy Erik Rakhou Stevan Jovanovic Javier Doblas
The 6 Playbook Rules of Low-Carbon Hydrogen Commercialization: Lessons Learned from Hydrogen Leaders - Gastech 2024
gastechevent.com
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The U.S. #greenhydrogen sector faces regulatory uncertainty, particularly with the proposed IRA Section #45V tax credit. Understanding its impact on project design and commercial conditions is crucial. Key recommendations for optimizing hydrogen projects include: 1️⃣ Model realistic operations: It’s essential to take into account renewable intermittency, limited grid connection, minimum operating rates, ramp rates and shutdowns in order to evaluate a business case effectively. 2️⃣ Maximize flexibility: Set contract conditions to model the full value chain, allowing producers and consumers to adapt to varying conditions, improving the business case. 3️⃣ Unify team views: Ensure engineering, legal, business, and financial teams work together on a single model to create valuable business cases. Balancing compliance and cost efficiency is essential for sustainable, profitable projects. Learn More: https://lnkd.in/dbx7E6aB Malo Grisard Krzysztof Postek Mogens Holm, Stevan Jovanovic and Martin Pocquet
Profiting from Green Hydrogen: A guide to Navigating 45V Regulations with Effective Commercial Strategies - Gastech 2024
gastechevent.com
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The rise of #EVs are putting the local service station at risk and up to 25% of sites face closure in markets where EV penetration is high. What does this mean for the future of our service stations? We've identified four site formats that will prosper - learn more about them here: https://lnkd.in/gciaMD7N Stuart Groves, Tony Portera, Magnus Steinsvoll Prøsch (Proesch), Christian Wagener, Xavier Héry, Benjamin Lawrence, Jennifer Carrasco Portaspana, and António Lopes
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Excited to share insights from PEAK Wind and Boston Consulting Group (BCG)'s latest article on optimizing offshore wind operations and maintenance (O&M) for increased profitability. The focus on O&M is vital as offshore wind evolves into a primary energy source. Key strategies include: 1️⃣ Embracing Innovation and Standardization 2️⃣ Shifting to Revenue-Based Metrics 3️⃣ Redefining Fitness-for-Purpose 4️⃣ Improving the Production System 5️⃣ Utilizing Predictive Maintenance and Market Conditions 6️⃣ Enhancing Synergies Across Portfolios 7️⃣ Early Lifecycle Management Implementing these strategies can significantly reduce costs, increase asset availability, and support the global energy transition. #OffshoreWind #RenewableEnergy #SustainableFuture #OandM #EnergyTransition