Decarbonisation of industry
THE TRIPLE CHALLENGE
From greener steel for electric vehicles to lowering the emissions from solar panel manufacturing, key industries are under pressure to decarbonise at a larger scale and faster pace than ever to produce the vital materials required to deliver a low-carbon future. And while cutting emissions is critical, for heavy industry it’s only part of the story.
THE TRIPLE CHALLENGE OF INDUSTRIAL DECARBONISATION IS TO SIMULTANEOUSLY:
- Meet changing customer needs
- Reduce greenhouse gas emissions
- Maintain product affordability and quality expectations
Genvia collaborates with organisations taking the opportunity to reinvent and re-shape their industries by developing smart additions and alternatives to traditional emissions-intensive processes.
We help heavy industry achieve long-term decarbonisation goals without compromising performance expectations. And all at the scale necessary to make clean hydrogen affordable.
While the scale and complexity may be significant, Genvia is committed and here for the long-term: your partner for the future.
In 2021, 9.2 Gt* of CO2 emissions were attributed to operations within the cement, steel and chemical industries
SURVIVAL OF THE GREENEST
As carbon markets and taxation evolve, decarbonisation becomes critical not only for future success but for the economic survival of industrial companies. In 2021, 9.2 Gt* of CO2 emissions were attributed to operations within the cement, steel and chemical industries.
(*where 1Gt = 1 billion metric tonnes)
Between 2015 and 2020, direct CO2 emissions from primary chemical production saw an average annual increase of 2.1%
“The cement industry alone is responsible for about a quarter of all industry CO2 emissions.
It also generates the most CO2 emissions per dollar of revenue ”.
Laying the foundation for zero-carbon cement. McKinsey & Company
In November 2021 tracking against the Net Zero Emissions by 2050 Scenario, a report by the International Energy Agency classified the global cement industry as ‘not on track’.
Every tonne of steel produced in 2018 emitted an average of 1.85 tonnes of CO2 – this equates to 8% of all global carbon dioxide emissions being made by a single industry.
For those balancing technical complexities with commercial necessities, it’s clear that cost-effective, long-term industrial decarbonisation has no overnight solution. But equally, for industries based on 100-year-old workflows to meet net-zero deadlines, good intentions must now give way to actions.
A TRACK RECORD OF ACHIEVEMENT
While Genvia launched in 2021, the journey began more than 15 years ago with a pioneering R&D project.