As COP28 concludes, we reflect on the discussions surrounding the energy transition and its implications for the industries we cater to. During this annual gathering, leaders from 198 countries collaborated to debate on the UN Convention on Climate Change.
Highlighting the energy transition, COP28 President Dr. Sultan Al Jaber introduced the Global Decarbonisation Accelerator (GDA), a set of groundbreaking initiatives aimed at expediting the energy transition and significantly reducing global emissions. The GDA will concentrate on three key pillars: scaling energy systems, decarbonising existing energy systems, and addressing methane and other non-CO2 gases.
Building upon this, the International Energy Agency (IEA) outlined key measures to align the world with the 1.5°C energy transition, including tripling global renewable energy generation capacity and doubling annual energy efficiency improvements by 2030. Another crucial aspect involves an orderly decline in fossil fuel demand by 2030, commencing with a halt to new coal plant constructions and a reduction in oil and gas through the newly formed decarbonisation Charter.
While an orderly decline in fossil fuels aligns with these goals, former Bank of England Governor Mark Carney argues against an abrupt shutdown for countries that are heavily reliant on oil and gas. Mark Carney contends that it is fundamentally important for such economies to establish alternative energy sources, like wind and solar, before phasing out oil and gas production. This perspective is supported by analysts who warn of increased exposure to price and energy volatility due to reduced production in oil and gas, creating limited spare capacity in an already tight market.
The imperative shift towards more sustainable energy production processes necessitates repurposing existing systems that provide energy to communities and infrastructure. By transitioning fuels, countries can upgrade existing energy assets to allow for the efficient use of resources that have already been invested within the original infrastructure. Furthermore, retrofitting or repurposing existing infrastructure can be more cost-effective and certainly less carbon intensive, than completely replacing it e.g., upgrading gas gensets that support the grid rather than replacing them with alternatives, so long as they are on a pathway to net zero operation with zero carbon fuels, or carbon capture.
This is where Bowman's eTurbo systems come in. Bowman has developed groundbreaking technology called StartIQ™. This product addresses challenges faced by natural gas gensets such as long zero to full load times caused by turbocharger lag which results in stagnant load while the engine, exhaust and turbocharger heat up. This also leads to fuel enrichment during this period which has high fuel consumption, NOx emissions (& black smoke for diesels).
By supporting ICEs burning natural gas (and hydrogen in the future) with dynamic response times; StartIQ™ facilitates applications such as data centres, fast response grid balancing, island mode, emergency standby, and microgrids to have a lower, and eventually zero, carbon footprint, thereby aligning with the transition to Net Zero.
In conclusion, the discussions at this year’s event led to a global agreement on a move away from fossil fuels. The global commitment to the energy transition is evident through initiatives like the GDA and OGDC which aim to spearhead the reduction of the reliance on fossil fuels to produce goods and services. It is crucial for this transition to occur in a well-organised fashion to avoid causing global price instability and exacerbating energy poverty in regions that rely on fossil fuels. The essential move towards sustainable energy requires the adaptation and repurposing of existing systems to effectively address the risks associated with exposure to price fluctuations, highlighting the need for systems such as StartIQ™ in these markets.
As COP28 concludes, we reflect on the discussions surrounding the energy transition and its implications for the industries we cater to. During this annual gathering, leaders from 198 countries collaborated to debate on the UN Convention on Climate Change.
Highlighting the energy transition, COP28 President Dr. Sultan Al Jaber introduced the Global Decarbonisation Accelerator (GDA), a set of groundbreaking initiatives aimed at expediting the energy transition and significantly reducing global emissions. The GDA will concentrate on three key pillars: scaling energy systems, decarbonising existing energy systems, and addressing methane and other non-CO2 gases.
Building upon this, the International Energy Agency (IEA) outlined key measures to align the world with the 1.5°C energy transition, including tripling global renewable energy generation capacity and doubling annual energy efficiency improvements by 2030. Another crucial aspect involves an orderly decline in fossil fuel demand by 2030, commencing with a halt to new coal plant constructions and a reduction in oil and gas through the newly formed decarbonisation Charter.
While an orderly decline in fossil fuels aligns with these goals, former Bank of England Governor Mark Carney argues against an abrupt shutdown for countries that are heavily reliant on oil and gas. Mark Carney contends that it is fundamentally important for such economies to establish alternative energy sources, like wind and solar, before phasing out oil and gas production. This perspective is supported by analysts who warn of increased exposure to price and energy volatility due to reduced production in oil and gas, creating limited spare capacity in an already tight market.
The imperative shift towards more sustainable energy production processes necessitates repurposing existing systems that provide energy to communities and infrastructure. By transitioning fuels, countries can upgrade existing energy assets to allow for the efficient use of resources that have already been invested within the original infrastructure. Furthermore, retrofitting or repurposing existing infrastructure can be more cost-effective and certainly less carbon intensive, than completely replacing it e.g., upgrading gas gensets that support the grid rather than replacing them with alternatives, so long as they are on a pathway to net zero operation with zero carbon fuels, or carbon capture.
This is where Bowman's eTurbo systems come in. Bowman has developed groundbreaking technology called StartIQ™. This product addresses challenges faced by natural gas gensets such as long zero to full load times caused by turbocharger lag which results in stagnant load while the engine, exhaust and turbocharger heat up. This also leads to fuel enrichment during this period which has high fuel consumption, NOx emissions (& black smoke for diesels).
By supporting ICEs burning natural gas (and hydrogen in the future) with dynamic response times; StartIQ™ facilitates applications such as data centres, fast response grid balancing, island mode, emergency standby, and microgrids to have a lower, and eventually zero, carbon footprint, thereby aligning with the transition to Net Zero.
In conclusion, the discussions at this year’s event led to a global agreement on a move away from fossil fuels. The global commitment to the energy transition is evident through initiatives like the GDA and OGDC which aim to spearhead the reduction of the reliance on fossil fuels to produce goods and services. It is crucial for this transition to occur in a well-organised fashion to avoid causing global price instability and exacerbating energy poverty in regions that rely on fossil fuels. The essential move towards sustainable energy requires the adaptation and repurposing of existing systems to effectively address the risks associated with exposure to price fluctuations, highlighting the need for systems such as StartIQ™ in these markets.
As COP28 concludes, we reflect on the discussions surrounding the energy transition and its implications for the industries we cater to. During this annual gathering, leaders from 198 countries collaborated to debate on the UN Convention on Climate Change.
Highlighting the energy transition, COP28 President Dr. Sultan Al Jaber introduced the Global Decarbonisation Accelerator (GDA), a set of groundbreaking initiatives aimed at expediting the energy transition and significantly reducing global emissions. The GDA will concentrate on three key pillars: scaling energy systems, decarbonising existing energy systems, and addressing methane and other non-CO2 gases.
Building upon this, the International Energy Agency (IEA) outlined key measures to align the world with the 1.5°C energy transition, including tripling global renewable energy generation capacity and doubling annual energy efficiency improvements by 2030. Another crucial aspect involves an orderly decline in fossil fuel demand by 2030, commencing with a halt to new coal plant constructions and a reduction in oil and gas through the newly formed decarbonisation Charter.
While an orderly decline in fossil fuels aligns with these goals, former Bank of England Governor Mark Carney argues against an abrupt shutdown for countries that are heavily reliant on oil and gas. Mark Carney contends that it is fundamentally important for such economies to establish alternative energy sources, like wind and solar, before phasing out oil and gas production. This perspective is supported by analysts who warn of increased exposure to price and energy volatility due to reduced production in oil and gas, creating limited spare capacity in an already tight market.
The imperative shift towards more sustainable energy production processes necessitates repurposing existing systems that provide energy to communities and infrastructure. By transitioning fuels, countries can upgrade existing energy assets to allow for the efficient use of resources that have already been invested within the original infrastructure. Furthermore, retrofitting or repurposing existing infrastructure can be more cost-effective and certainly less carbon intensive, than completely replacing it e.g., upgrading gas gensets that support the grid rather than replacing them with alternatives, so long as they are on a pathway to net zero operation with zero carbon fuels, or carbon capture.
This is where Bowman's eTurbo systems come in. Bowman has developed groundbreaking technology called StartIQ™. This product addresses challenges faced by natural gas gensets such as long zero to full load times caused by turbocharger lag which results in stagnant load while the engine, exhaust and turbocharger heat up. This also leads to fuel enrichment during this period which has high fuel consumption, NOx emissions (& black smoke for diesels).
By supporting ICEs burning natural gas (and hydrogen in the future) with dynamic response times; StartIQ™ facilitates applications such as data centres, fast response grid balancing, island mode, emergency standby, and microgrids to have a lower, and eventually zero, carbon footprint, thereby aligning with the transition to Net Zero.
In conclusion, the discussions at this year’s event led to a global agreement on a move away from fossil fuels. The global commitment to the energy transition is evident through initiatives like the GDA and OGDC which aim to spearhead the reduction of the reliance on fossil fuels to produce goods and services. It is crucial for this transition to occur in a well-organised fashion to avoid causing global price instability and exacerbating energy poverty in regions that rely on fossil fuels. The essential move towards sustainable energy requires the adaptation and repurposing of existing systems to effectively address the risks associated with exposure to price fluctuations, highlighting the need for systems such as StartIQ™ in these markets.