LUX FORUM PARIS Decarbonization: A Survival Guide to 2030

In the run-up to COP-26, the U.S., the EU, and the U.K. have each stated very ambitious climate goals for 2030 and beyond, reducing emissions by at least 50% by 2030. Now, there are just seven years left until this first milestone, and there is much to be done.  
Achieving these goals requires unprecedented speed and coordination between industry sectors. We will discuss the main challenges for utilities, independent power producers, chemicals companies, and oil and gas companies. More importantly, we’ll discuss how the transformation of these sectors in the next seven years intersects. You’ll gain an overview and understanding of the dynamics of the energy transition in relation to all the other actors.  
Where better to do this than in the climate agreement capital: Paris?  

Time (CET) Session DescriptionPresenter
8:00AM – 9:00AM Networking Breakfast

9:00AM – 9:40AM 
The Bumpy Road to Electrification 
The EU produces about 23% of its energy from renewable sources. This should double to 45% by 2030, according to the latest proposals by the European Commission. The coming seven years will thus be characterized by a massive replacement of power generation assets while simultaneously increasing power consumption. This is an unprecedented balancing act that is bound to produce temporary shortages, infrastructure bottlenecks, and stranded investments.
Lux Research will present some scenarios illustrating how this may unfold and show the opportunities for technology innovation that will emerge, as well as novel business models. 

Arij van Berkel, Ph.D. 
SVP and Group Director at Lux Research 
9:40AM – 10:10AM The Drivers Determining the Future of Carbon 
Renewable sources of carbon include recyclates, biomass, and CO2 from direct air capture or biogenic point sources. These sources each have different qualities, different availability, and different prices. In short, each implies an entirely different value chain. How do these value chains stack up against one another? Will there be one winner or a mix, and how can one switch between varied sources of carbon?   

Lux Research will discuss the main drivers for renewable carbon and how to make sense of the evolving landscape. We will show which technologies constitute no-regret options in any scenario and which technologies can give a decisive advantage. 
Cecilia Gee
Analyst at Lux Research 
10:10AM – 10:40AM  Networking Break
10:40AM – 11:20AM Decarbonization Client Panel: A Cross-Sector Roadmap 
The chemicals industry needs to know what energy carrier it can rely on in the future. The oil and gas sector needs rapid growth in the electricity supply, and the power sector must shut down capacity to decarbonize while frantically adding emissions-free capacity at the same time. 

How can these sectors coordinate to remove existing obstacles and create as smooth a transition as possible? 
Arij van Berkel, Ph.D. 
SVP and Group Director at Lux Research 

Client Panelists
To Be Announced 
11:20AM – 11:50AM The Future of Hydrogen in the EU: Domestic Production vs. Import 
Hydrogen production is an important tool to optimize renewable energy infrastructure in Europe. It can, for example, help optimize the offshore power grid needed to bring offshore (wind) energy to shore. For that reason, domestic hydrogen production in Europe will probably be sizable.   

At the same time, hydrogen will be one of the main commodities for importing renewable energy into the EU. Lux Research will examine the competition between imported hydrogen and domestic production. What prices should we expect, and what can this tell us about the likely choices for hydrogen transportation and storage? 
Runeel Daliah, M.Sc. 
Principal Analyst at Lux Research 
11:50AM – 12:00PMNetworking

About the Lux Forums

The Lux Forums are a premier opportunity for innovation decision-makers to learn more about the commercially viable science and technology needed to enable sustainable innovation roadmaps. This event series brings together Lux Research’s global analysts with executives and industry thought leaders to learn from each other and tackle the most critical issues facing their industry today. 

At the Lux Forum, subject matter experts will provide meaningful insights relevant to oil and gas, utilities, industrials, chemicals, and consumer products innovation leaders. In this exclusive setting, attendees will make connections with executive-level industry counterparts through networking sessions and will take in cutting-edge research from the leading provider of sustainable innovation research and advisory services, Lux Research. These forums will deliver the thinking you need to accelerate the pace of innovation at your company. 

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