In the run-up to COP-26, the U.S., the EU, and the U.K. have each stated very ambitious climate goals for 2030 and beyond, reducing emissions by at least 50% by 2030. Now, there are just seven years left until this first milestone, and there is much to be done.
Achieving these goals requires unprecedented speed and coordination between industry sectors. We will discuss the main challenges for utilities, independent power producers, chemicals companies, and oil and gas companies. More importantly, we’ll discuss how the transformation of these sectors in the next seven years intersects. You’ll gain an overview and understanding of the dynamics of the energy transition in relation to all the other actors.
Where better to do this than in the climate agreement capital: Paris?
Time (CET) | Session Description | Presenter |
8:00AM – 9:00AM | Networking Breakfast | |
9:00AM – 9:40AM | The Bumpy Road to Electrification The EU produces about 23% of its energy from renewable sources. This should double to 45% by 2030, according to the latest proposals by the European Commission. The coming seven years will thus be characterized by a massive replacement of power generation assets while simultaneously increasing power consumption. This is an unprecedented balancing act that is bound to produce temporary shortages, infrastructure bottlenecks, and stranded investments. Lux Research will present some scenarios illustrating how this may unfold and show the opportunities for technology innovation that will emerge, as well as novel business models. | Arij van Berkel, Ph.D. SVP and Group Director at Lux Research |
9:40AM – 10:10AM | The Drivers Determining the Future of Carbon Renewable sources of carbon include recyclates, biomass, and CO2 from direct air capture or biogenic point sources. These sources each have different qualities, different availability, and different prices. In short, each implies an entirely different value chain. How do these value chains stack up against one another? Will there be one winner or a mix, and how can one switch between varied sources of carbon? Lux Research will discuss the main drivers for renewable carbon and how to make sense of the evolving landscape. We will show which technologies constitute no-regret options in any scenario and which technologies can give a decisive advantage. | Cecilia Gee Analyst at Lux Research |
10:10AM – 10:40AM | Networking Break | |
10:40AM – 11:20AM | Workshop: Tipping Points Planning ahead for 2050 is daunting and well outside the usual planning horizon for any company. Lux Research regularly helps its clients design a robust roadmap through the transition to a climate-neutral and circular economy and an accompanying process to maintain and update that roadmap. Tipping points play a critical role in planning and timing your company’s transformation and help you identify the right time to initiate new investments and changes. Identifying and planning for tipping points are a key element of Lux Research’s roadmapping process. In this workshop, we’ll give you an impactful introduction to working with tipping points in three rounds: — Recognizing a tipping point and its consequences — Knowing when a tipping point is about to occur — Getting ready to act It will require your very active participation and you’ll leave with actionable insights. | Instructor: Arij van Berkel, Ph.D. SVP and Group Director at Lux Research |
11:20AM – 11:50AM | The Future of Hydrogen in the EU: Domestic Production vs. Import Hydrogen production is an important tool to optimize renewable energy infrastructure in Europe. It can, for example, help optimize the offshore power grid needed to bring offshore (wind) energy to shore. For that reason, domestic hydrogen production in Europe will probably be sizable. At the same time, hydrogen will be one of the main commodities for importing renewable energy into the EU. Lux Research will examine the competition between imported hydrogen and domestic production. What prices should we expect, and what can this tell us about the likely choices for hydrogen transportation and storage? | Runeel Daliah, M.Sc. Principal Analyst at Lux Research |
11:50AM – 12:00PM | Networking |
Speakers
Event Details
- Location: Le Meurice, 228 rue de Rivoli, 75001 Paris, France
- Date: Tuesday, April 25th, 2023
- Time: 8:00 am – 12:00 pm CET
About the Lux Forums
The Lux Forums are a premier opportunity for innovation decision-makers to learn more about the commercially viable science and technology needed to enable sustainable innovation roadmaps. This event series brings together Lux Research’s global analysts with executives and industry thought leaders to learn from each other and tackle the most critical issues facing their industry today.
At the Lux Forum, subject matter experts will provide meaningful insights relevant to oil and gas, utilities, industrials, chemicals, and consumer products innovation leaders. In this exclusive setting, attendees will make connections with executive-level industry counterparts through networking sessions and will take in cutting-edge research from the leading provider of sustainable innovation research and advisory services, Lux Research. These forums will deliver the thinking you need to accelerate the pace of innovation at your company.