Building on its commitment to carbon neutrality in its operations by 2030 and announced intention to exit the new-build coal power market, General Electric has revealed its position that the accelerated and strategic deployment of both renewable energy and gas power can make substantial progress in combatting climate change in the near-term while securing a path to a lower-carbon emitting world in the future.
In a newly published paper expanding on its decades-long commitment to decarbonisation titled, ‘Accelerated Growth of Renewables and Gas Power Can Rapidly Change the Trajectory on Climate Change,’ GE said neither power source will be sufficient alone.
According to the energy company, if deployed in tandem, they can provide decarbonisation at the pace and scale needed to help achieve substantial climate goals.
In addition, the paper outlined multiple technical pathways for gas power to achieve a lower-carbon generating footprint through the use of low and zero-carbon fuels—including hydrogen—as well as carbon capture utilisation and sequestration technologies.
“Addressing climate change is an urgent global priority and one that we think we can do a better job of accelerating progress on—starting now—not decades from now,” said Chief Executive Officer of GE Gas Power, Scott Strazik.
“We believe there are critical and meaningful roles for both gas power and renewable sources of energy to play, advancing global progress faster today with coal-to-gas switching while continuing to develop multiple pathways for low-to-zero carbon gas technologies in the future.”
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