Energy Transition through 2050: Climate Science, Carbon Energy and Carbon Capture Strategies that Lead to Net-Zero

This program responds to the most pressing challenge faced by energy suppliers and consumers today: The energy transition commitments that you, your company as well as governments must make to reduce carbon emissions to net-zero. During this program, you will learn the drivers of global warming, the extent of global energy demand growth through 2050, and the many low carbon strategies associated with energy demand, energy supply, and carbon capture to limit global warming.
You will also learn the various strategies that stakeholders, including government, corporations, advocates, and energy supply companies, have or could establish to stimulate action and achieve these important goals. Discussion will center around energy projections made through 2050 by DNV, whose analysis is adopted as the IHRDC Energy Transition 2050 Model and leads to a low-carbon future.

To enhance learning, teams of participants will be asked to recommend energy development and transition policies for Entrans, an East African country that faces rapid population and economic growth, and wants to achieve a low-carbon future.

Additional information

Program Type

Location

Dates

October 25 – 29, 2021

$2,250

Who Should Attend

This program is ideal for those managers, executives, specialists, and government officials who wish to understand the science and impact of global warming and the actions that can be implemented to reduce their respective carbon footprint. You will return home knowing how to prepare a “rational plan” that you, your company and, perhaps, your government, can adopt as part of your contribution to an evolving energy transition.

Instructional Format and Schedule

IHRDC’s Virtual Courses run with 4 hours of online instruction each day, with a blend of learning formats consisting of live interactive lectures by an experienced industry specialist, group discussions of case studies, team assignments as well as group exercises and challenging simulation game.

Lecture Sessions

The Science and Impact of Global Warming

Coverage includes historical scientific discovery of global warming, greenhouse gases, the growth of CO2 emissions and climate change; the six steps that link CO2 emissions to global warming and climate impacts; evolving studies of greenhouse gases and global warming; IPCC activities and reports, measuring temperatures on land and in the oceans; climate simulation models; current state of global warming, projections of future temperature increases and its impact on the climates of the world.

IHRDC Energy Transition Model, Learning Curves and 2020 Historical Demand-Supply Profile

Basis for using the DNV-GL Energy Transition Outlook for 2020 and underlying model as the IHRDC Base Case Plan to monitor future energy transitions; summary of its assumptions and 10 geographical sub-regions for projecting energy supply-demand profiles. The concept of cost Learning Curves, energy supply and demand categories and their history through 2020.

Drivers of Energy Demand and Projected Energy Intensity

Historical growth in population and economic activity; recent and current energy supply and demand mix by region and sector, the historical growth of GHGs by region and the impact of fossil fuels on emissions. Four major ways to reduce GHG emissions: Conservation and Increased Efficiency, Decarbonization, Carbon Capture and Storage, and Evolving Technologies.

Projections of Energy Demand

Underlying assumptions in the projections through 2050 of energy demand in three major areas through 2050: Transport, Buildings, Manufacturing and their 11 sub-areas and non-energy uses. Projections are presented for the world and the 10 geographical sub-regions.

Projections of Energy Supply from Fossil Fuels

Summary of assumptions and energy supply projections though 2050 are provided for the major energy “carriers” – the energy in the form delivered to the end users – which include the fossil fuels, biomass, and electricity. In this session, focus is on the transition in the
supply of fossil fuels: Coal, Oil and Natural Gas.

Electrification, Power Supply, Hydrogen Fuels and the Growth of Renewables

Electricity demand will grow substantially through 2050. Coverage includes the various forms and technology of electricity generation, electricity supply projections by source, including model projections of the levelized cost of generation and evolving technologies including storage trends. Major electricity sources include the fossil and non-fossil fuels, nuclear, geothermal, biomass, solar PV, both onshore and offshore wind, hydrogen, and direct heat demand. The role of electrification and hydrogen integration for achieving fully renewable energy solutions. Projections of electricity supply for both global and 10 geographical sub-regions are included in the analysis.

Energy Transition within the World’s 10 Regions

Global review of energy transition for the 10 world regions: North America, Latin America, Sub-Sahara Africa, Europe, North Africa and Middle East, India, North East Eurasia, China, South East Asia, OECD Asia regions in terms of their unique situations and challenges with respect to Energy Transitions. The major factors studied include drivers of energy demand, population and GDP growth, energy demand-supply and GHG emissions.

Government and Public Policies to Stimulate Energy Transition

Review of multinational, national and local government policies, energy transition drivers and barriers, policy toolbox to stimulate energy transition, institutional and company policies and commitments to energy transition, Greenhouse Gas Protocols – Accounting for Emissions. Climate neutral certification. Global investment in energy transition.

Energy Transition Strategies of Oil and Gas Companies

Oil and Gas company climate initiatives, OGCI programs to reduce methane and carbon emissions, and carbon capture and storage hubs. Summary of the various policies and investment strategies that have been announced by oil and gas companies to achieve aspirational emission reduction levels. Methods adopted and reports published that measure actual performance.

Contributions of Carbon Capture, Storage and Utilization to Energy Transition

Our forecast suggests that by 2050 we will reduce GHGs significantly but will fall short of our target of reaching net-zero carbon
emissions and a global temperature rise to 1.5oC by 2050. That can be accomplished only with a strong and early commitment to carbon capture and storage or utilization (CCSU). In this session, we summarize the fundamentals of the CCSU options, present some of the proposed and successful projects, and estimate whether their costs can be reduced early enough to bridge the gap and reach our energy transition target.

Bringing It All Together – Bridging the Gap

In this session, we summarize where we expect to be by 2050 with respect to projections discussed in earlier sessions, and deliberate both the early actions that may be taken to close the gap and the barriers that may prevent us from reaching our net-zero target.

Along with the daily lectures, participants, working in teams, will participate in building an energy transition plan for ENTRANS,
a hypothetical country in East Africa, as discussed below.

Building ENTRANS’ 2050 Roadmap to Carbon Neutrality

The future energy demand of ENTRANS, an East African country, is expected to increase substantially, driven by a doubling in both population and GDP/capita between 2020-2050. Your team is asked to review the current energy supply and demand portfolio, estimate the expected future demand, and recommend strategies to increase energy efficiencies, transform sources of energy supply and increase the country’s CO2 sequestration to achieve the carbon neutral commitment by 2050. Greenhouse gas emissions, their impact on global warming, the levelized cost of various energy supply life-cycle options and CO2 capture alternatives will all be considered in preparing the energy transition plan for ENTRANS.