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Decarbonising Industrial Sector to achieve Net-Zero Targets

Akshay Makar June 10, 2022

Industrial heat demand is rapidly increasing in the Emerging Countries including India and China. However, this energy is generally met by burning of fossil fuels usually Coal, Natural Gas and Oil, that is imported which adds environmental and economical pressure on countries. According to International Energy Agency, Industrial sector accounts for 37% of the total Global final energy demand which is 157EJ and is growing rapidly in emerging countries. This demand is increasing the Carbon emission which is about 8.6 Gt of CO2 in 2018 (24% of the Global Emission).

The objective of the this workshop is to demonstrate how to accelerate the market uptake of solar heating in industrial processes (SHIP) by demonstrating CLIMATENZA’s concentrating solar trough collectors and its integration in industrial processes. At CLIMATENZA, our vision is to decarbonise Industrial sector and achieve their net-zero targets with our innovative Solar thermal technology. As part of Intended Nationally Determined Contributions (INDC), India targets to reduce carbon emissions intensity of its GDP by 33-35% as against 2005 level. We aim to scale our technology and be a sustainability partner to the Industries in India and beyond.

At CLIMATENZA we develop and engineers Concentrated Solar Thermal (CST) technology for the development of cost-competitive, highly efficient and low-medium temperature industrial process heat systems. These technologies can be deployed in stand-alone or industrial-integrated solar thermal projects, with or without storage, or hybridized with gas, oil or other fuels to deliver cost-competitive dispatchable power generation systems. They may also be deployed to provide thermal energy for a diverse range of low-medium temperatures industrial processes such as for processes in food processing Industry, Textile Industries, Chemical and Pharma industry, for desalination, enhanced oil recovery, minerals processing, the production of hydrogen and solar enhanced fuels.

Format

Workshop

Meta Themes

  • Accelerate Climate Action

Themes

Decarbonization, Net-Zero Energy

Purpose and Desired Outcome

We are pushing the idea that to achieve net-zero energy targets, every spectrum should see rapid transition. Today, People and Governments are only focused on Power and Transport, however, 50% of energy consumption is for Industrial Sector. How will country reach Net Zero Energy Targets without Decarbonising Industrial Sector. Additionally, I will be interested in meeting like minded people and Investors who aim to join us in accelerating Energy Transition.

Audiences

  • Allocators (Family Offices, HNW Individuals, Foundations)

  • Corporate & SME

  • Government

Speakers

  • NameAkshay Makar
  • TitleCEO
  • OrganizationCLIMATENZA
  • StatusConfirmed
  • NameDr. Mihir
  • TitleSenior Scientist
  • OrganizationCLIMATENZA
  • StatusConfirmed
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