Is technology advanced enough to meet emissions reduction targets?

Sophie Hildebrand, head of the technology sector at the Abu Dhabi National Oil Company, ADNOC, said in an interview with “The Future of Energy” on Al Arabiya channel that clean technologies are capable of ensuring energy sustainability and security at the same time.

She explained that ADNOC has pledged to provide energy security and is working to reduce the carbon footprint of each unit of energy that we produce, saying: “We have committed to investing $15 billion in new initiatives to reduce our emissions, in initiatives to electrify our operations, in renewable energies and in hydrogen.”

She added that Masdar has an ambitious goal to reach 100 gigawatts of electricity production capacity from renewable energies, in addition to one million tons of green hydrogen, and we will achieve all these goals using the technologies available today.

She mentioned that the capabilities that can accelerate the deployment of these technologies and their use in various applications revolve around partnerships, the availability of funding and transparency, adding: “We need government policies to support us in accelerating the adoption of technologies, and if we are open to working with each other as partners, then these partnerships are really capable of Deploy the technologies we need to reduce emissions at scale, faster.”

And she continued, “We need the spread of several technologies on a large scale, such as hydrogen, and we must accelerate the production of electrolysis machines for water. We need green hydrogen, renewable energies, and decarbonization of our current energy system.”

She indicated that ADNOC is making investments to reduce emissions from its operations, and the most prominent of these initiatives is an investment of about $3.8 billion to electrify our marine facilities, and this will reduce the carbon intensity of our marine facilities operations by about 50%, in addition to the value of the allocated investment of $15 billion. Dollars in technologies over the coming years to reduce emissions, electrify processes, and invest in renewable energies and hydrogen.