Baku, Azerbaijan, Oct. 17
By Anastasia Savchenko - Trend:
The main goal of using alternative energy sources is to reduce hydrocarbon emissions into the atmosphere, Equinor Vice President Arnd Wilhelms said at the Caspian Technical Conference in Baku, Trend reports from the event.
By 2025, the global economy predicts an increased use of alternative energy sources such as solar energy, the Equinor VP said.
Wilhelms noted that nowadays, oil and gas production suggests that alternative energy sources, perhaps in the near future, will slightly shift the use and consumption of traditional energy resources.
"We can increase efforts to reduce emissions by 15-20 percent," Wilhelms said.
The vice president emphasized that by cutting down the emissions, the impact on climate and the environment is reduced.
In order to lead the vector of development in a positive direction, it is necessary to ensure sustainable development and economic growth in the future, Wilhelms added.
The Caspian Technical Conference will continue until October 18. The main focus of the conference is on the oil and gas industry in the Caspian region and at the global level.
The theme of the conference is digital transformation, which is reflected in thematic panel sessions and technical sessions, bringing together industry experts, representatives of regulatory bodies and innovative companies as well as students.
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