Decarbonization
Decarbonization means eliminating GHG emissions from industry and the grid.
Low carbon or carbon free solutions are emerging across industries to drive performance, lower lifecycle costs, and improve resilience. Electrification is driving demand in every sector and “hard to abate” industries are innovating with green hydrogen, CCUS, and DAC.
At Valo, we are investing in solutions that:
Generate
Making, storing, and distributing the lowest-cost, most abundantly available energy to achieve hourly-matched, 24x7, flexible carbon-free energy at grid-scale.
Electrify
Electrifying everything—from transportation and heating to material and food production systems—while also improving energy efficiency in existing processes.
Remove
Reducing GHG emissions from legacy processes, capturing any remaining carbon dioxide or methane, and recirculating hydrocarbons as a valuable resource.
Signals
Solar power and lithium-battery costs plummeted 85%+ over the last decade, with wind power costs declining ~55%.
Source: NYT
In 2023, more than $1.7 trillion is expected to be invested globally in technologies such as wind, solar power, EVs, and batteries compared with $1 trillion invested in fossil fuels.
Source: NYT
In 2022, the CO2 capture capacity of all CCS facilities under development increased by 44%.
Source: Global CCS Institute
90% of global GDP is committed to net zero and more than 4,000 companies are pursuing climate pledges.
Source: UK.Gov
$213B invested in new clean energy development in US in 2022—a 37% increase from the previous year and a 165% increase from five years ago.
Source: MIT
