The global energy industry is facing change, opportunity and uncertainty. World events, especially the passage of the Inflation Reduction Act in the United States and the geopolitical unrest in Europe, continue to drive much needed attention toward critical investments that will accelerate decarbonization around the world.
Our industry is leading with bold action. We are demonstrating our ability to innovate and increase the pace of progress. However, there is no single solution in the energy transition, nor is there is a single organization that can do everything that’s needed. That’s why conversations – such as those taking place next week in Houston – are so important to our collective success. CERAWeek 2023, which kicks off on Monday, will again bring together global energy leaders to discuss how we are – and will continue – to drive solutions. Thought leaders, policymakers, and executives from across the industry will provide insights on collaborative approaches to decarbonize. Conversations will focus on breakthrough technologies, strategies for future-proofing existing assets, and approaches for reinventing a carbon-based society. We are eager to join you, and other problem solvers, for these important conversations.
Here’s what we’re looking forward to at CERAWeek 2023:
News and trends that will drive next week’s conversations:
This momentum is global: EU leaders have agreed to allow "targeted, temporary, and proportionate" support to ensure Europe's future as a manufacturing base for green tech products.
To achieve net zero by 2050, the Paris Agreement’s widely accepted deadline, we all need to build on our success so far and reach 2040’s decarbonization goals first. At CERAWeek 2023, we expect to hear more about how industry and government stakeholders expect to accelerate progress in the near- and long-term.
Monday, March 6 12:00 - 12:40 p.m. (CST) Bill Newsom, President and CEO of Mitsubishi Power Americas, joins Andy Marsh of Plug Power, Andrew Flanagan of RWE Renewables Americas, Justin Bird of Sempra Infrastructure and Eleanor Kramarz of S&P Global to discuss how hydrogen can be cost-effectively deployed on a broad scale as a zero-carbon fuel source and energy storage solution.
U.S. Secretary of Energy Jennifer Granholm discusses the Biden Administration’s support of the energy transition and how the IRA is opening new avenues of potential support for key innovations.
2:25 – 3:05 p.m. (CST) Takajiro “Tak” Ishikawa, President & CEO of Mitsubishi Heavy Industries America, joins Matthew Crocker of ExxonMobil, Clio Crespy of Guggenheim Securities, Carolyn Seto of S&P Global, and Jeff Gustavson of Chevron New Energies to discuss the state of carbon capture and the potential for developing a carbon value chain.
For Net Zero Commitments, 2040 Is the New 2050| Meeting the global deadline for eliminating CO2 emissions requires decarbonization in stages. Companies aiming to achieve reductions earlier can help others meet later targets.
Follow the full breadth of Mitsubishi Power Americas programming at CERAWeek 2023 here.
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, is a world leader in power generation and energy storage solutions. It provides power generation solutions that include cleaner natural gas and green hydrogen, renewable energy, hydrogen and battery energy storage, environmental controls, services, and digital solutions for plant operation and maintenance.
