Jayant Sinha’s Post

Renewable energy companies face critical challenges in their #supplychains, including geopolitical factors, fluctuating prices, and regulatory complexities. For the industry to meet its growth goals, #resilient supply chain strategies to mitigate risks and ensure #sustainability will be crucial. See a few approaches forward-thinking leaders are taking: https://bit.ly/3UTkYlz Authors: Andre Begosso, Ryan Elliott, Neil Merchant, and Alex Wein-Smith

🎥 SPOTLIGHT CLIP: ESG, Environmental, Social, and Governance goals, quickly became a visible megatrend in the #oil and #gas industry, alongside the push to promote 𝐫𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐞𝐧𝐞𝐫𝐠𝐲 and #sustainability. 🛢️ 🛢️ 🛢️ Today, #ESG values and metrics represent a revolution in how #OilandGas companies are managed, measured, and operated. 🏭 There’s an ever-growing demand in the #Energy sector to reduce #emissions. As federal and state regulations become tighter and more stringent, advances in #technology are providing broader data analysis for more 𝐩𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐯𝐞 𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐦𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠. 📊 We’re spotlighting Great Plains Analytical Services, GAS, which provides nationwide 𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐭𝐞𝐬𝐭𝐢𝐧𝐠 𝐚𝐧𝐝 𝐋𝐃𝐀𝐑 (leak detection and repair) services. In the oil and gas industry, LDAR programs can help identify leaks during the extraction, production, processing, storage, and transportation of oil and gas. “𝙔𝙤𝙪 𝙖𝙡𝙧𝙚𝙖𝙙𝙮 𝙨𝙚𝙚 𝙡𝙖𝙧𝙜𝙚 𝙤𝙞𝙡 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙪𝙨𝙞𝙣𝙜 𝙘𝙖𝙧𝙗𝙤𝙣-𝙧𝙚𝙢𝙤𝙫𝙞𝙣𝙜 𝙩𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙞𝙚𝙨 - 𝙪𝙨𝙞𝙣𝙜 𝙖𝙣𝙩𝙝𝙧𝙤𝙥𝙤𝙜𝙚𝙣𝙞𝙘 𝘾𝙤2 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚𝙮’𝙫𝙚 𝙘𝙖𝙥𝙩𝙪𝙧𝙚𝙙 𝙖𝙣𝙙 𝙪𝙨𝙞𝙣𝙜 𝙩𝙝𝙖𝙩 𝙛𝙤𝙧 𝙚𝙣𝙝𝙖𝙣𝙘𝙚𝙙 𝙤𝙞𝙡 𝙧𝙚𝙘𝙤𝙫𝙚𝙧𝙮 - 𝙖𝙡𝙡 𝙩𝙤 𝙘𝙧𝙚𝙖𝙩𝙚 𝙬𝙝𝙖𝙩 𝙞𝙨 𝙘𝙖𝙡𝙡𝙚𝙙 𝙖 𝙣𝙚𝙜𝙖𝙩𝙞𝙫𝙚 𝙘𝙖𝙧𝙗𝙤𝙣 𝙗𝙖𝙧𝙧𝙚𝙡 𝙤𝙛 𝙤𝙞𝙡. 𝘼𝙨 𝙬𝙚 𝙪𝙣𝙙𝙚𝙧𝙨𝙩𝙖𝙣𝙙 𝙗𝙚𝙩𝙩𝙚𝙧 𝙝𝙤𝙬 𝙬𝙚 𝙘𝙖𝙣 𝙞𝙢𝙥𝙧𝙤𝙫𝙚, 𝙖𝙣𝙙 𝙬𝙝𝙖𝙩 𝙩𝙝𝙚 𝙨𝙩𝙖𝙩𝙚 𝙤𝙛 𝙩𝙝𝙚 𝙖𝙧𝙩 𝙞𝙨 𝙞𝙣 𝙚𝙢𝙞𝙨𝙨𝙞𝙤𝙣𝙨 𝙧𝙚𝙙𝙪𝙘𝙩𝙞𝙤𝙣, 𝙄 𝙩𝙝𝙞𝙣𝙠 𝙮𝙤𝙪’𝙡𝙡 𝙨𝙚𝙚 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙥𝙤𝙡𝙞𝙘𝙮 𝙛𝙤𝙡𝙡𝙤𝙬 𝙩𝙝𝙖𝙩.” Watch short snippets from our segment with CEO Jordan Williamson; VP of Operations Levi Richardson; and Kenneth Wagner, Executive Director of the Hamm Institute for American Energy at Oklahoma State University. Wagner is the former Oklahoma Secretary of Energy & Environment and a former Senior Executive at the US Environmental Protection Agency (EPA). #CleanEnergy #biofuels #environment #policy #AI #ML #EnergyTransition 🎬 𝗗𝗠𝗚 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻𝘀

The renewable energy is vulnerable to a multitude of supply chain threats impact everything from cabling, to power meters, to industrial equipment. Leaders are getting intel on suppliers' situations and evolving tech, while embedding risk management (SCRM) into everyday processes.

Important to consider

🌱 As net-zero targets loom, the race to decarbonize is becoming increasingly urgent. While renewable energy is key to achieving this, the intermittency of resources such as wind and solar has left power prices subject to growing volatility, necessitating market players have flexibility and an agile risk management capacity. 💡 Jean-Louis MALON, shares insights into navigating the complexities of power-price volatility. https://lnkd.in/eFvE-3_w

Cost-based and rate-of-return pricing strategies are vital in petrochemical projects, especially those focused on sustainability and strategic energy reserves. Cost-based pricing adds a markup to production costs, ensuring cost recovery but often failing to account for market demand influenced by climate policies and energy transitions. Rate-of-return pricing, by targeting specific financial outcomes, offers flexibility to incorporate sustainability goals but depends on accurate forecasts of costs, demand, and carbon pricing impacts. For example, in developing green hydrogen infrastructure as part of a strategic energy reserve, cost-based pricing might overlook demand fluctuations caused by evolving regulations, while rate-of-return pricing could better accommodate the long-term need for profitability and environmental targets. These strategies require careful risk assessments, particularly in balancing energy security, market volatility, and global sustainability objectives. #energymarket #greenhydeogen #sustainability #energy

The webinar organized by Patch will feature experts from the U.S. Department of Energy, Bain & Company, and Charm Industrial who will provide insights from the three types of stakeholders – government, demand and supply. #carbonremoval #CDR #emissions https://bit.ly/3VsDf9I

#hydrogen #regulation Last week, the draft Terms and Conditions (T&C) for the 2024 Innovation Fund Auction for the production of renewable (#RFNBO) hydrogen was published via this link: https://lnkd.in/eidygMVH The draft T&C was prepared for the second auction of the Hydrogen Bank, which will launch before the end of 2024. The final T&C will be published in Q3 2024. 📅 Main deadlines: 📍  all written feedback shall be provided by 6 June 2024; 📍  the stakeholders' consultation will be on 12 June 2024. 📝 The template for feedback is available via this link: https://lnkd.in/eHT-DWzw ✅ Main changes in the T&C: 📌  The auction ceiling price is decreased from 4.5 to 3.5 EUR/kg. 📌  The maximum "Entry into Operation" time is 3 years instead of 5 years. 📌  The completion guarantee is increased to 10 of the requested grant amount instead of 4%. 📌  New: Introduction of a basket for projects supplying RFNBO hydrogen to off-takers in the #maritime sector, in line with the requirements of the ETS Directive, and the Communication on Europe's 2040 climate target and path to climate neutrality by 2050. 📌  The specific maximum grant amount limit for the maritime basket is at 1/2 of the total budget for that basket. 📌  Requirements about more detailed information, particularly on the electrolyser's origin and value chain, as part of the electrolyser procurement strategy.

𝗖𝗮𝗿𝗯𝗼𝗻 𝗖𝗮𝗽𝘁𝘂𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟮. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 | 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗥𝗲𝗽𝗼𝗿𝘁 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/gWTuDH4F This comprehensive report offers a detailed analysis of the global Carbon Capture market, encompassing both quantitative and qualitative assessments categorized by company, region & country, technology, and application. Given the dynamic nature of the market, the report delves into aspects of competition, supply and demand trends, and key factors influencing changing demands across various markets. It includes company profiles, product examples from selected competitors, and market share estimates for the year 2023. The Carbon Capture market is segmented by technology and application, providing precise calculations and forecasts for consumption value from 2019 to 2030. This in-depth analysis is a valuable resource for businesses seeking to expand by targeting specialized niche markets. 𝗧𝗼 𝗞𝗻𝗼𝘄 𝗙𝘂𝘁𝘂𝗿𝗲 𝗗𝗲𝗺𝗮𝗻𝗱 𝗮𝗻𝗱 𝗦𝗶𝘇𝗲 𝗼𝗳 𝗖𝗮𝗿𝗯𝗼𝗻 𝗖𝗮𝗽𝘁𝘂𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗥𝗲𝗽𝗼𝗿𝘁 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/gWTuDH4F *𝗕𝘆 𝗧𝘆𝗽𝗲: Post-combustion capture, Pre-combustion capture, Oxy-fuel combustion, Direct air capture, Biological carbon capture, Industrial carbon capture *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Oil and Gas Industry, Power Industry, Cement Industry, Chemical Industry, Steel Industry, Other *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: aramco Fluor Corporation, ExxonMobil, Linde, Shell, Mitsubishi Heavy Industries, JGC, Equinor, SLB, Aker Solutions, Carbon & Clean Energy Solutions, Siemens, Honeywell MIRRECO®, SeeO2 Energy Inc., neustark, CarbonFree #CarbonCapture #ClimateAction #SustainableTech #EmissionsReduction #CleanEnergy #EnvironmentalInnovation #CarbonNeutral #GreenTech #ClimateSolution #RenewableEnergy #LowCarbonFuture #CarbonSequestration #GlobalWarming #EcoFriendlyTechnology #ClimateChangeMitigation #CleanAir #Sustainability #GreenEconomy #NetZero #ClimateResilience #ClimateSolutions #CarbonFootprint #InnovationInEnergy #EnvironmentalScience #ClimatePolicy

💡 “The question for a #QualityManager, is not what affects excellence today, but what will affect excellence in 1-10 years’. Then develop transformational initiatives to maintain excellence, ensuring a sustainable future for future generations,” Christopher Bird, Chair, Riskwell. #WorldQualityWeek blog on how to take a holistic, system-based and proactive quality management approach to decarbonise the world and maintain sustainability, supply security and affordability: Christopher explores the importance of futureproofing excellence by ensuring an agile approach to navigating threats and securing opportunities in renewable energy transition https://ow.ly/btY330sHRyb