Although the transition from fossil fuels to renewables is crucial to this as well as addressing climate change as a whole , this shift doesn ’ t come without its risks .
This is apparent from GHD ’ s SHOCKED report , which reveals 94 % of energy leaders believe the current energy crisis is unprecedented in severity .
Off the back of this research , GHD recommends companies explore a multifaceted approach that looks at five factors : unlocking capital to accelerate financial decisions for energy projects , enhancing engineered solutions through R & D , managing supply chains and resources effectively , securing community support and social acceptance and ensuring a just and fair transition .
“ De-risking the energy transition is essential to mitigate these potential pitfalls ,” Tom explains .
By leveraging its expertise , GHD is actively working with clients to de-risk this transition , one of note is the Scottish town of Grangemouth , a key industrial centre aiming for net-zero emissions by 2045 . Working in partnership with the Scottish government , the partnership focuses on a fair and inclusive transition , enhancing the area ’ s economic , environmental and social value .
And it doesn ’ t stop there : GHD is also supporting Australia ’ s transition to net zero emissions by aiding CSIRO in assessing hydrogen refuelling infrastructure as well as assisting the Los
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