To reduce CO2 emissions, decarbonise, improve the energy efficiency of industrial processes, find new sources and reserves of energy and design new molecules, companies are facing a number of technological challenges and are investing €5 billion a year in R&D.
Technological issues
The sector is undergoing radical change. It needs to think about its digital transformation and develop new business models. The development of new, high-potential products, either through internal ventures or through collaboration with start-ups, will make this transformation possible.
It requires maximising the potential of what the sector invests in by making the most of its R&D activity, whether in research laboratories or in industrial manufacturing plants.
Developing energy production from renewable sources (marine, wind, solar) and biomass and developing smart energy networks.
Improving exploration and extraction technologies to increase the recovery rate from fossil deposits. R&D challenges include assessing potential resources and alternative exploitation techniques.
Maintaining the performance quality of new products and developing or improving industrial processes for treating these biomass-derived compounds.
Our Energy, Chemistry & Environment experts
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