Close

Search

News and press

KBC releases Industrial Energy Transition Manifesto

Aug 29, 2019

The Manifesto profiles the high stakes choices to be taken to capitalize on disruption of product markets, opportunities in the smart grid and the hydrogen economy

KBC (A Yokogawa Company) has released its Industrial Energy Transition Manifesto for the process industries. The Manifesto provides deep insight into current realities, scenario predictions and how major players are adopting a range of substantially different strategies to adapt. The Manifesto outlines the actions that are available to be taken now and indicators of the pace and scale of the transition.

The Energy Transition has become an executive imperative that has been heralded as one of the most profoundly disruptive issues facing the process industries today. The process industries need to find ways of thriving amidst demands to minimize environmental impactsand deliver medium and long-term decarbonization. There are a wide range of carbon emission reduction solutions available but establishing the optimum method or combination of tactics is a far from straightforward process.

Based on deep analysis and industry expertise, KBC's Industrial Energy Transition Manifestoformulates two scenarios to highlight the risks to the status quo and current consensus. It also outlines the differences in actions that must be taken should alternate scenarios come to fruition. The optimum pathway changes substantially between the different transition scenarios leading to divergent business strategies."

"Inertia is probably the biggest risk of all," says Tim Shire, KBC's Vice President - Energy Transition. "Digitalization of energy efficiency is a quick win, which applies in all scenarios. Beyond that, carbon mitigation will require significant planning, capex and attention".

KBC's Industrial Energy Transition Manifesto is available to download now from the KBC website.

Share this

Related news articles

NEWS

KBC announces partnership with MySep to improve process separator performance in the Oil & Gas industry

Feb 23, 2021

Integration of MySep and KBC’s Petro-SIM® reduces Capex and operational costs.

Read full article
NEWS

Automated Integrated Production Accounting System Provides Best-in-Class Operations for Complex Industrial Environments

Sep 22, 2020

KBC releases Visual MESA Production Accounting 4.0 to digitally manage and integrate scheduling and reconciled balance data into corporate systems.

Read full article
NEWS

KBC releases Value Chain Optimization Manifesto to guide an embattled Energy and Chemical industry back to profitability

Aug 11, 2020

A blueprint for executives seeking a major step change in profitability through integrated asset and supply chain optimization.

Read full article
View all news

Get the latest updates from KBC

Sign up to our newsletter to receive our latest innovations, viewpoints and be informed about any upcoming events.