"Global energy systems are undergoing significant transformation, driven by lower costs of renewable energy and a societal push toward sustainability. This shift is steering us from fossil-based to electricity-based systems. The oil and gas industry faces immense pressure amidst this change, hinting at an era of 'peak demand.' Surprisingly, despite efforts to curb climate change, estimates suggest an increase in oil production.
To adapt, oil majors are heavily investing in carbon capture, carbon-free hydrogen, and bio-based feedstocks to slash emissions while meeting rising product demands. Membrane technologies, vital in this shift, offer selective chemical separation and high adaptability to renewable energy systems, improving efficiency at refineries.
Carbon capture solutions using membranes like the Polaris membrane can purify CO2 from refinery flue gases. Membrane-based hydrogen production enhances efficiency and safety, reducing costs in the quest for 'green hydrogen.' Membranes also hold promise in separating bio-derived compounds in oil refining, addressing challenges posed by unconventional feedstocks.
This period poses uncertainty for the oil industry but also sparks innovation and sustainability. Membrane technologies stand as key players in enabling a more sustainable, lower-carbon production of vital products, ushering in an exciting era of change.
