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Energy and Chemistry
Over the next four decades, the energy sector will face one of the most important challenges in its history.
The government plans to cut UK CO2 emissions by 34% of 1990 levels by 2020 and at least 80% by 2050.
To achieve these targets, the UK will undergo a transformation to cut emissions from power generation and heavy industry, transport, homes and communities, workplaces and jobs, farming and land and waste management.
The biggest challenge will probably be faced by the power generation industry, which will have to increase the share of renewables and nuclear sources, and by the heavy chemical industry which will have to reduce their CO2 emissions significantly.
BOC understands the challenges ahead. We are equipped to support both sectors with innovative solutions to help the UK's transition into a low carbon economy.
- Chemicals manufacturing is at the heart of the UK manufacturing industry. Read more about chemicals
- The aging current capacity, the low investment in increasing that capacity in the last 20 years, and the government commitments regarding electricity generation from renewable sources have all played a part in making power generation one of the energy sectors likely to receive the highest levels of investment in the next 10 to 20 years. Read more about power generation
- As a result of the UK nuclear industry's increasing nuclear generation capacity, the decommissioning of old power station sites has become a priority. Read more about nuclear decommissioning
- As the UK's natural gas production gradually reduces and the country's reserves dwindle, the requirement to import natural gas will become more prevalent. The UK faces two challenges to meet its significant natural gas demand. Read more about natural gas import and storage
