(offshore-energy.biz) While the energy transition toolbox is filled with decarbonization tools, electrification seems to be the jewel in its crown, based on research conducted by Rystad Energy, which points out that applying this method to upstream operations has the potential to get rid of over 80% of oil and gas production emissions.
Switching away from fossil fuels toward low-emission and renewable power sources to run the world on clean and green energy is the end goal of a net-zero future. However, oil and gas are still needed in the interim period and possibly beyond to ensure the security of the global energy mix.
New energy market intelligence research from Rystad’s Palzor Shenga and Elliot Busby sings the praises of electrification by pointing out that more than 80% of emissions the upstream oil and gas production facilities generate can be wiped out by converting those assets to enable them to use electricity from renewables or natural gas that would otherwise be flared.
Shenga, who holds the role of Vice President of Upstream Research at Rystad Energy, commented: “As the world confronts the pressing issue of climate change, the oil and gas industry is under increasing pressure to minimize its carbon footprint and align its practices with global sustainability objectives. Where it’s possible and economically viable, electrification has great potential to lower the industry’s emissions while maintaining production output.”
Read full report: https://www.offshore-energy.biz/powering-oil-gas-production-with-renewables-and-low-carbon-energy-electrification-brings-emission-cuts-of-80/
Brazil Energy Insight 
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