Energy Magazine April 2022 | Page 12

Weighing up the costs of a Russia energy boycott
EY to invest £ 100mn in net zero consultancy division

THE BRIEF

“ There are many balances to be struck … to minimise carbon emissions , but the goal can be reached if businesses recognise what is required and act upon it promptly ”
Michael Cupps Senior VP Marketing , Activeops �
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“ Almost two-thirds of US offshore wind resources are found in deeper waters that require floating wind platforms ”
Sam Roch-Perks CEO , Simply Blue �
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“ 5G is essential on our path to decentralise and decarbonise the energy system and to accelerate the energy transition ”
Massimo Danieli Managing Director , Hitachi Energy ' s Grid Automation business �
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BY THE NUMBERS

Shipping and decarbonisation

87 %

Costs in changing onshore supply chains

Weighing up the costs of a Russia energy boycott

As the war intensifies in Ukraine , so too does the prospect of energy sanctions against Russia – but cutting off energy supplies would have huge ramifications .
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40 % Odjfell aims to cut carbon intensity by 40 % by 2030

EY to invest £ 100mn in net zero consultancy division

EY Carbon ’ s remit is to advise and support businesses as they prepare their net zero plans ahead of independent scrutiny and verification .
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12 April 2022