Low carbon technology
For the world to meet the Paris goals, a rapid transition to a low-carbon economy is required
Technology will play an important role and ensure a just transition in changing the way we produce and use energy.
The Australian government’s Technology Investment Roadmap identifies the important role technology plays on the path to reducing emissions and achieving a low carbon energy sector – while at the same time supporting economic growth which aligns with bp’s ambition.
bp identifies three key developments which will achieve this:
- Expanding renewables – solar, wind and bioenergy
- Low carbon technology – CCUS and blue hydrogen
- New and emerging energy – green hydrogen, sustainable aviation fuels and waste to energy
We are providing solar power to Australians through our partnership with Lightsource bp, a market leader in the funding, development and operation of solar projects that generate renewable energy locally and sustainably.
Lightsource bp is currently providing renewable energy to Snowy Hydro, a government owned entity which owns, operates and maintains the 4.1GW Snowy Mountains hydro scheme, and it has secured planning approval for upscaling plans for the Wellington North solar project in NSW.
The site is adjacent to Lightsource bp’s near-complete Wellington solar farm and once operational, the 600MWdc hub could become the state’s largest renewable energy power hub, producing enough renewable electricity to power 170,000 Australian homes – saving 938,000 carbon emissions annually.
This is just the beginning. Lightsource bp has another eight large scale projects across NSW and QLD in the pipeline.
Take a closer look at carbon capture, use and storage (CCUS) and why it is one of the technologies crucial to reducing carbon emissions into the atmosphere.
