The rise of the circular economy – Planning for tomorrow’s energy transitions today
Companies in the energy, utilities and resources sectors have the potential to play a huge role in the development of a circular economy. Many of the technological developments that could accelerate circularity are within their sphere of operations. These include innovations in materials composition and efficiency, electrification, hydrogen production, biochemistry and synthetic chemistry, and carbon capture and use. “Circularity goes to the heart of many of the challenges brought on by the global pandemic—the needs to rationalise operations, to construct more localised supply chains and to build resilience. Addressing them with circularity as a guiding principle yields the benefit of new business models that can add value and provide a competitive advantage.”
Read the full article at: pwc.smh.re
