Long-term R&D, hydrogen, renewables powering energy transition: executives

摘要

Officials at chemical giant BASF and investor-owned utility Southern California Edison are moving the energy transition forward through efforts such as electrifying steam cracker technology, increased use of hydrogen and renewable energy procurements, they said during a Sept. 21 New York City Climate Week event. “We are serving a population that has seen the impacts of climate change in a major way” through drought and recent wildfires, Pedro Pizarro, president and CEO of Edison International, the parent company of Southern California Edison, said. The company looked at California’s goals to decarbonize by 2045 and calculated what it would take to get the whole state economy in line with the targets. “We calculated the most feasible and cheapest way to get there will be to use a lot of clean energy like renewables paired with storage,” Pizarro said. By 2045, three quarters of passenger vehicles will need to be electric, 70% of buildings will need to move to electric heat and water heating and some sectors will need to use hydrogen produced from renewables, along with some form of carbon capture, he said.