2.5Mt
Amount of carbon emissions avoided annually by 2030 by use of e-NG
26%
Share of natural gas in the global energy mix by 2050
96%
Percentage drop in carbon emissions, if fossil fuels are replaced by e-NG
5.36Tcm
Global natural gas demand by 2050
cs1
Case study summary
The year 2050 stands as a pivotal milestone for two crucial reasons: the global economy is projected to soar to US$250 trillion, a significant leap from its current state of just over US$100 trillion. Also, 2050 marks the target year for several countries to achieve net-zero emissions.
Balancing climate goals with economic growth necessitates investments and innovation in energy. A recent collaboration between Itochu Corporation and Tree Energy Solutions to develop electric natural gas (e-NG), a synthetic natural gas produced from renewable hydrogen and CO2, demonstrates major opportunities to pursue energy growth without harming the environment.
Organisations involved: Tree Energy Solutions (TES), Itochu Corporation
Industry: Logistics, Supply Chain, Heavy Industry, Energy
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