The appetite for carbon capture and clean-tech projects to accelerate progress to net zero in line with UN targets , is substantial .
The UK government has shortlisted 20 carboxn capture , usage and storage projects for potential support , while the European Union is investing more than € 1.8 billion in a variety of initiatives ranging from battery manufacturing and low-carbon cement production to synthetic sustainable aviation fuel .
The signs may look encouraging , but markets are experiencing significant energy price and supply volatility which adds to the difficulties of planning for a more sustainable manufacturing industry . How should asset-intensive , high-energy-consuming industries such as aerospace , fertilizer or steel production , navigate towards a low or no-carbon future employing new technologies ?
Digitalization and the use of advanced software will be utterly essential to build into plans for the new technologies that reduce , remove , recycle or sequester carbon . For these reasons , businesses need to effectively capitalize on the enormous growth in volume and complexity of data in energy-intensive industries .
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