The discussion begins with an exploration of industrial symbiosis, emphasising how economic and environmental impacts can be measured within the downstream industry. It also addresses the transition to a low-carbon economy, particularly the challenges of achieving economies of scale for CCUS, with a focus on clustering strategies for carbon capture and storage.
A significant part of the conversation highlights the integration of low-carbon business models, specifically through blue and green hydrogen, and examines storage and distribution capabilities required to support these models. The panel further explores innovations in business circularity by showcasing sustainable approaches such as circular polymers, biofuels, and the use of organic waste to develop new business models.
This session underscores the importance of innovation, collaboration, and scalable solutions in building a circular economy and supporting the transition to low-carbon operations within the downstream sector.
Speakers
- Julia Benbow, Digital Innovation, Fuels & Feedstock, OMV
- Taoufik Ait-Ettajer, Strategy Advisor for Subsurface Technology Projects, Repsol
- Alan Gelder, SVP Refining, Chemicals & Oil Markets, Wood Mackenzie
Moderator
- Sam Mathew, UK Energy & Utilities Advisor, Microsoft
