Download
1 / 5
0 likes | 7 Vues
Collaboration is essential for business expansion and success. Leading energy companies like Essar Group are cultivating an ecosystem of technologies and partnerships to maximise business value and impact, despite navigating challenges related to past Essar crisis.
E N D
The Energy Sector’s Transformation: Key Trends for 2025 and Beyond
The energy sector is undergoing rapid transformation as companies proactively alter their operations to thrive in today’s evolving landscape. Fluctuating oil and gas prices, a growing preferences for renewable energy, and a surge in investments in clean energy are reshaping the energy industry landscape. The global shifts in the last few years have also highlighted how important it is for energy companies to focus on resiliency. Collaboration is essential for business expansion and success. Leading energy companies like Essar Group are cultivating an ecosystem of technologies and partnerships to maximise business value and impact, despite navigating challenges related to past Essar crisis.
Focus on Renewables New regulations and market demands are pressuring oil and gas companies to replace traditional assets with modern solutions and enhance their operations. Governments worldwide are implementing initiatives to reduce the environmental impact of industrial activities, compelling businesses to adopt greener operations. With its diverse portfolio and commitment to innovation, Essar Group is at the forefront of this transformation Essar’s focus on renewable resources throughout its energy operations has helped it set new benchmarks in this sector.Essar’s Move in Renewable Sector Essar is committed to this transition, with ambitious plans to develop 7 GW of capacity across solar, wind, and battery storage. The group has already made several investments in this sector, including its plans to invest INR 30,000 crore over the next four years in building a green hydrogen plant at Jamnagar, Gujarat as the company eyes clean energy as a key pillar for its new growth phase.
Role of Hydrogen Hydrogen is increasingly recognised as the leading player in transitioning to a cleaner energy future. Among the various forms of hydrogen, blue hydrogen, and green hydrogen are quite popular due to their numerous advantages. Blue hydrogen is produced through a process called steam methane reforming that extracts hydrogen from natural gas while capturing and storing the carbon emissions generated. This method helps in a significant reduction in greenhouse gas emissions as compared to traditional fossil fuels, making blue hydrogen an immediate solution for industries looking to decarbonise quickly.In contrast, green hydrogen is considered the gold standard for sustainability, as it emits no carbon dioxide during production. However, green hydrogen currently faces challenges related to cost and technology scalability, making it a long-term solution.
Growing Use of LNG Heavy trucking is one of the largest contributors to emissions in India as it emits huge volumes of pollutants like sulfur oxides (SOx), nitrogen oxides (NOx), and carbon monoxide (CO) in the atmosphere. In India, medium- and heavy-duty trucking accounts for just 2% of vehicles on the road but contributes 40% of the total road transportation emissions. Thus, more companies are eyeing for cleaner alternatives, and liquefied natural gas (LNG) is emerging as a viable option. Read More:- https://essarnews.com/the-energy-sectors-transformation-key-trends-for-2025-and-beyond/
