Sumit Agarwal’s Post

🌍 Exciting News Alert! 🌍 Mitie has just launched the #NetZeroNavigator2025, an incredible solution to help businesses reach their net-zero targets and become climate pioneers. 🌱🌟 Proud to be featured in it; here are some snippets from my article: Following the introduction of flexible energy in the 1980s and PPAs in the 2000s, the energy industry's third major revolution is here: 24/7 carbon-free energy produced from resources that don't create carbon emissions. ⚡🌞 Did you know that the energy organisations use from ‘renewable’ sources is only truly green 30 – 60% of the time? By pursuing a 24/7 carbon-free approach, you gain greater energy independence, control and better prediction of costs, while reducing emissions. 💡🌿 Don't let perfection be the enemy of progress - start by understanding your energy usage and using innovative technology, like AI, to gain deeper insights and optimise consumption. 🤖✨ Discover the best practices and innovations in the field of energy, and be a part of the greener future today! 🍃💡 👉 Check out the Navigator here: https://lnkd.in/eHat-Sja Join us in driving the change towards a more sustainable and eco-friendly business world. Together, we can make a difference! 🤝💚 #Sustainability #Innovation #CarbonFree #AI Mitie Plan Zero Mitie Energy

Mobilizing capital at scale is essential, particularly through climate finance mechanisms that support developing countries in their net zero journeys.

What is still holding some companies back from investing in emerging technologies such as hydrogen, pumped hydro, and decentralised energy? I found the answer to that question quite thought-provoking.  What struck me was that while there are ongoing supply issues - including the availability of raw materials, manufacturing capacity, and access to skilled labour - regulation and government preparedness were identified as urgent barriers to overcome. Current regulations, designed for the fossil fuel era, need immediate updating as they hinder the rapid development of the clean technologies that will enable the transition. For instance, pumped hydro is a top investment priority, but many corporates don't think countries are ready to adopt it. The second chapter of Powering Change is well worth a read to see how we can all work together to create a better investment environment for clean technology. Thank you to Dan Brown, Michael Burns and their team for this brilliant follow-up: https://lnkd.in/dhqm_kfx #OutpacingChange #NetZero #EnergyTransition #COP29 #PoweringChange

♻️Fueling a Sustainable Future: 5 Key Climate Innovation Trends in 2024 Addressing climate change demands substantial investment in advanced technologies, and momentum for their development is accelerating. Mature climate technologies could potentially provide 60% of the emissions abatement needed for climate stabilization by 2050, according to McKinsey. However, the remaining 40% requires innovations, making it challenging to predict the decarbonization timeline. Recent advancements, reduced costs in renewable energy projects, and increased capital availability indicate a positive trajectory, despite uncertainties. 5 promising areas for climate technology investment, with an estimated potential of $2 trillion annually by 2025, include: ✨Electrifying Transportation, Buildings, and Industry: 🔹Innovation in EV batteries and battery-control software for faster charging and extended life. 🔹Energy-efficient building systems and electrification of industrial processes. ✨Launching the Next Green Revolution in Agriculture: 🔹Shifting to zero-emissions farm equipment. 🔹Exploring meat alternatives, methane inhibitors, anaerobic manure processing, and bioengineering. ✨Remaking the Power Grid for Clean Electricity: 🔹Increasing renewable-generation capacity and adding energy-storage capacity. 🔹Implementing long-duration storage, advanced controls, software, vehicle-to-grid and building-to-grid integration, and next-generation nuclear technologies. ✨Scaling Up the Use of Hydrogen: 🔹Exploring low-cost hydrogen production and its role in various industries. ✨Expanding Carbon Capture, Use, and Storage (CCUS): 🔹Advancing capture technologies and developing direct air capture, BECCS, biochar, and CO2-enriched concrete. Despite challenges, these technologies offer immense potential to contribute to net-zero goals and create growth opportunities. Collaboration among companies, financial institutions, and governments is crucial to driving investment, research, and integration efforts. 💡 Source: https://lnkd.in/eN2wYPcA Now is the time to channel creativity, capital, and conviction into solving the net-zero equation.🤜🤛 #ClimateChange #RenewableEnergy #Innovation #Sustainability #CleanTech #ClimateTech #InvestmentOpportunities #LnData

There is no doubt that our current #ClimateCrisis is a result of our dependence on legacy systems driven by fossil fuels. With the emerging low-carbon hydrogen paradigm, that is about to change, as industries can now shift to the much cleaner low-carbon hydrogen to fuel their growth while traversing down the path of #decarbonization.   Together with EIT InnoEnergy, Capgemini’s latest report provides insights into the challenges and opportunities in developing #LowCarbon hydrogen, from cost dynamics and the regulatory landscape to the various levers which can support mass adoption, like digital and innovation. The paper deep dives into the challenges which need to be overcome for producing and marketing competitive, #LowCarbon hydrogen and gives us a glimpse into a sustainable future with decarbonized economies, through a positive outlook on the global hydrogen landscape.   🔗 Explore the full report: Reducing Low-carbon Hydrogen Investment and Operating Costs: A Prerequisite for Mass Adoption [ https://bit.ly/3WbS1Us ]   Roshan Soorunsingh Gya Arthur Arrighi de Casanova Juliette DE MAUPEOU Julia Müller Courtney Elizabeth Stipe Holm Rory Burghes Catherine Joly Alex Tepper Aurélie Lustenberger Amira El Araki Paco Ribagnac Jean-Baptiste Perrin Madeleine B. Benjamin Alleau Marie Uhlirova Liza Garay- de Vaubernier Dalia Bahous Pape-Philippe Amagou Isaac Smadja #GetTheFutureYouWant #EnergyTransition #Sustainability #BusinessToPlanet

AFRY Insights Q1 2025: Your Shortcut to a Greener Tomorrow! 🌍💡 Forget doom and gloom—this edition of AFRY Insights is all about actionable ideas and a dash of optimism for tackling the world’s sustainability challenges. Here’s your cheat sheet to the highlights: 🌬 Winds of Change Offshore wind is going BIG, with targets like 494 GW globally by 2030. But between permit delays and grid hiccups, it’s a mix of headwinds and tailwinds. Lesson? Steady the sails; there’s energy gold out there! 🔥 Big Heat, Small Package SMRs (small modular reactors) are the cozy blanket for district heating. Think compact, carbon-free heat that’s perfect for the chilly Nordics. Yes, nuclear is cool again. 🪓 Wood > Fossils Hans Sohlström of Stora Enso says, “If it can be made from fossil fuels, it can be made from wood.” From wooden skyscrapers to wind towers, this forest-friendly innovation deserves a slow clap—and a fast adoption. 💧 Hydrogen Horizons Scaling up green hydrogen feels like building the pyramids—massive effort, but the payoff is worth it. With engineering wizardry like RAM studies, AFRY’s got the blueprint to keep those hydrogen dreams afloat. 💡 The Digital Spark Enter the AFRY Smart Platform—a toolbox for industrial digitalization that’s sleek, open-source, and oh-so-2025. Whether you’re tackling decarbonization, renewable energy, or circularity, we say: Be brave, be bold, and don’t forget your sense of humor. 🌱✨ #Sustainability #Innovation #RenewableEnergy

Great article from Financial Times on carbon capture and how this technology is reshaping the switch to greener innovations and transforming the energy industry. https://shorturl.at/ymDco Innovations such as carbon capture can help the world reduce emissions and achieve a more sustainable, net-zero future. We work with hundreds of businesses to help them embrace clean technology and transform their operations. New methods of capturing CO2 are becoming more efficient and less energy intensive. However, this innovation needs to be supported by continuous public investment to ensure enduring sustainable value and impact. #CarbonCapture #Sustainability #GreenTech

Direct air capture (DAC) could emerge as a game-changer in the fight against climate change. This technology removes CO2 directly from the air, enabling companies with hard-to-reduce emissions to achieve net-zero goals. DAC boasts several advantages: It offers a long-term solution by taking CO2 out of the atmosphere for good. Facilities can be built anywhere, independent of emission sources. Compared to other carbon capture methods, DAC requires less physical space. However, cost remains a hurdle. Currently, capturing carbon with DAC is expensive, ranging from $600 to $1,000 per ton. To become widely adopted, the estimated cost needs to drop significantly, reaching around $200 per ton or less. Energy efficiency is another key challenge. DAC facilities require significant energy input. For a low-carbon impact, this energy must come from renewable sources like solar or wind. Additionally, these facilities need to operate at nearly 90% capacity to justify the equipment investment. Finding the right location is crucial. Ideally, DAC facilities should be situated near abundant renewable resources and in areas with low population density to maximize efficiency. It will be interesting to see how extensively DAC is adopted in the coming years and more importantly which parts of the world lead in DAC adoption. #climatechange #sustainability #DAC

🌍💨 Carbon Capture & Storage (CCS): A Game Changer for Climate Action! 🔋🌱 Did you know that Carbon Capture and Storage (CCS) is one of the most promising technologies in the fight against climate change? 🌎✨ It’s all about capturing CO2 emissions from industries and storing them safely underground 🌋, keeping harmful greenhouse gases out of the atmosphere! 🌿💨 Here’s why CCS matters: 1️⃣ Reducing Industrial Emissions ⚙️: Heavy industries like cement, steel, and power generation are responsible for a significant portion of global emissions. CCS helps capture up to 90% of CO2 from these sources and prevents it from entering our air. 🌬️ 2️⃣ Enabling Net-Zero Targets 🎯: For countries and companies aiming for net-zero emissions, CCS is a crucial tool to remove CO2 while still using fossil fuels in some industries. It buys us time as we transition to cleaner energy sources. ⏳⚡ 3️⃣ Creating Green Jobs 👷♂️🌱: The development and scaling of CCS technologies create new career opportunities in science, engineering, and renewable industries—helping to build a sustainable economy for the future! 🚀💼 4️⃣ Reviving Energy ⚡: Instead of just eliminating emissions, we can repurpose captured CO2 into valuable products (like biofuels or construction materials) 🏗️, making CCS a potential economic engine while reducing the carbon footprint. ♻️ Let’s get behind CCS and scale this technology to help mitigate climate change 🌍💚. It’s one step closer to a greener future 🌱✨. Are you ready to support Carbon Capture? 🚀🔋 #CarbonCapture #CCS #ClimateAction #Sustainability #GreenEnergy #NetZero #CleanTech #Innovation #SustainableFuture

Hydrogen has the potential to be a game-changer, not just for the energy sector, but for society as a whole. 🌍 By embracing hydrogen as a clean energy source, we’re not only reducing our carbon footprint but also creating new opportunities for sustainable economic growth and job creation. Hydrogen’s versatility allows it to power industries, transport, and even homes, all while significantly lowering emissions. But the impact goes beyond the environment. By investing in hydrogen technology, we’re also driving innovation, fostering new skills in the workforce, and paving the way for a cleaner, greener future for communities worldwide. Let’s continue to champion hydrogen’s role in creating positive social and environmental impact. Together, we can build a more sustainable and equitable world for generations to come. #HydrogenEconomy #Sustainability #CleanEnergy #SocialImpact #Innovation