Energy Digital Magazine April 2024 | Page 151

ENERGY TECHNOLOGY

“ Technology is among the critical enablers for accelerated climate action ”

FLORENT ANDRILLON GLOBAL HEAD OF CLIMATE TECH , CAPGEMINI
Climate tech barriers With this being said , Andrillon advocates for a renewed focus on means of overcoming barriers , with accelerating development cycles , collaboration and addressing cost barriers through incentives and legislation just some of the means unleashing these technologies ’ potential . He is a firm believer that more can be done when it comes to obtaining and implementing climate tech .
“ Major corporations , climate tech startups and governments need to work together to accelerate the scaling of innovative solutions ,” he believes . “ But , there is a barrier on costs to be addressed . While the green premium is disappearing in many domains – like solar power and EV batteries – it remains typically significantly higher than this for several others .”
For example , the cost of lowcarbon cement produced using carbon capture is estimated to be 75 % to 140 % higher than conventional cement and sustainable aviation fuel ( SAF ) is estimated to cost 123 % more than conventional jet fuel .
Andrillon continues : “ As a result , climate technologies cannot currently help create cleaner products and services in a commercially viable way . That is typically where private and public must cooperate to create the conditions for market adoption by setting up the right incentives and legislation .”
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