Energy transition can’t be achieved by just suddenly pulling out of using fossil fuels. Market players and analysts argue that it must be a gradual process of elimination, guaranteeing that energy grids remain stable, resilient and efficient.
Andy Brown, the CEO of Galp, explains what’s being done in terms of decarbonisation of the business and energy transition, and what’s at stake with this process.
The energy transition the world is facing goes way beyond changing our energy sources or fuels. Switching from an energy matrix centred around fossil fuels to one with zero or low carbon emissions, based on renewable sources, will have an impact on the climate, on the economy and on how society is organised.