G20 countries have pledged net zero emissions by or around mid-century . In the long term, accelerating clean energy transitions will support energy security as it will reduce the need for fossil fuel imports and consumption. There is a need to maintain energy security and rebalance supply and demand for energy by reducing demand and increasing supply, maximising the existing infrastructure, while radically reducing emissions of oil, gas, and coal. This will help relieve pressure on global energy markets and prices.
The security of supply, production, and availability will be fundamental for accelerating clean energy transitions. In 2022, the G20’s lead on energy security and solidarity is more important than ever.
This issue has also touched upon the project economy, where projects are the driving force behind how work is done, change is realised and value is delivered. An interesting reading will be the thoughts expressed by Mr. Sanjay Gupta, a doyen of the engineering field, on the essentials of effective project management and the rapidly changing global energy landscape.
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