www.powerengineeringint.com Open in urlscan Pro
2600:9000:211e:c600:13:e2dd:7480:93a1  Public Scan

Form analysis
3 forms found in the DOM

GET https://www.powerengineeringint.com/

<form method="get" class="td-search-form" action="https://www.powerengineeringint.com/">
  <!-- close button -->
  <div class="td-search-close">
    <a href="#"><i class="td-icon-close-mobile"></i></a>
  </div>
  <div role="search" class="td-search-input">
    <span>Search</span>
    <input id="td-header-search-mob" type="text" value="" name="s" autocomplete="off">
  </div>
</form>

GET https://www.powerengineeringint.com/

<form method="get" class="tdb-search-form" action="https://www.powerengineeringint.com/">
  <div class="tdb-search-form-inner"><input class="tdb-head-search-form-input" type="text" value="" name="s" autocomplete="off"><button class="wpb_button wpb_btn-inverse btn tdb-head-search-form-btn" type="submit"><span>Search</span></button></div>
</form>

GET https://www.powerengineeringint.com/

<form method="get" class="tdb-search-form" action="https://www.powerengineeringint.com/">
  <div class="tdb-search-form-inner"><input class="tdb-head-search-form-input" type="text" value="" name="s" autocomplete="off"><button class="wpb_button wpb_btn-inverse btn tdb-head-search-form-btn" type="submit"><span>Search</span></button></div>
</form>

Text Content

 * Industry Sectors
   * Renewables
     * Biomass
     * Hydroelectric
     * Marine
     * Solar
     * Wind
   * Coal Fired
   * Nuclear
   * Hydrogen
   * Gas & Oil Fired
   * Decentralized Energy
   * Digitalization
   * Energy Storage
   * Equipment
   * Emissions & Environment
   * Energy Efficiency
   * EV Infrastructure
   * Metering Billing
   * Oil & Gas Energy Transition
   * Smart Grid
   * T&D Infrastructure
 * Regions
   * Asia
   * Africa
   * Australasia
   * Europe
   * India
   * Latin America
   * Middle East
   * North America
 * Resources
   * Industry Insights
   * Industry Reports
   * Interviews
   * Podcasts
   * Whitepapers
   * Press releases
 * Webcasts
 * Magazine
 * Events
 * Engage
   * Advertise
   * Join our community
   * Contact Us
   * Our network
 * SUBSCRIBE


Search

 * Industry Sectors
   * Renewables
     * Biomass
     * Hydroelectric
     * Marine
     * Solar
     * Wind
   * Coal Fired
   * Nuclear
   * Hydrogen
   * Gas & Oil Fired
   * Decentralized Energy
   * Digitalization
   * Energy Storage
   * Equipment
   * Emissions & Environment
   * Energy Efficiency
   * EV Infrastructure
   * Metering Billing
   * Oil & Gas Energy Transition
   * Smart Grid
   * T&D Infrastructure
 * Regions
   * Asia
   * Africa
   * Australasia
   * Europe
   * India
   * Latin America
   * Middle East
   * North America
 * Resources
   * Industry Insights
   * Industry Reports
   * Interviews
   * Podcasts
   * Whitepapers
   * Press releases
 * Webcasts
 * Magazine
 * Events
 * Engage
   * Advertise
   * Join our community
   * Contact Us
   * Our network
 * SUBSCRIBE

Search

 * Industry Sectors
   * Renewables
     * Biomass
     * Hydroelectric
     * Marine
     * Solar
     * Wind
   * Coal Fired
   * Nuclear
   * Hydrogen
   * Gas & Oil Fired
   * Decentralized Energy
   * Digitalization
   * Energy Storage
   * Equipment
   * Emissions & Environment
   * Energy Efficiency
   * EV Infrastructure
   * Metering Billing
   * Oil & Gas Energy Transition
   * Smart Grid
   * T&D Infrastructure
 * Regions
   * Asia
   * Africa
   * Australasia
   * Europe
   * India
   * Latin America
   * Middle East
   * North America
 * Resources
   * Industry Insights
   * Industry Reports
   * Interviews
   * Podcasts
   * Whitepapers
   * Press releases
 * Webcasts
 * Magazine
 * Events
 * Engage
   * Advertise
   * Join our community
   * Contact Us
   * Our network
 * SUBSCRIBE

Search

Home Digitalization Do oil and gas businesses have a future?
 * Digitalization
 * Feature Articles
 * Oil and Gas Energy Transition


DO OIL AND GAS BUSINESSES HAVE A FUTURE?

Guest Contributor
-
November 10, 2021
Facebook

Twitter

Linkedin

Image: pitinan © 123RF.com


YES, SAYS JAMES MCCALLUM, IF THEY TAKE DIGITALISATION STEPS NOW TO TRANSITION
INTO A NET ZERO FUTURE.

Do oil and gas have a future? It’s the question that seems to be on everyone’s
lips, particularly in the lead up to COP26 this year.

To give you the short answer: For now, yes they absolutely do have a future.

This might not be what a lot of people want to hear as they warn the climate
crisis is growing. However, the simple fact is that the world must have energy,
and renewables just aren’t ready to make oil and gas completely redundant. Yet.

This article was originally published in Power Engineering International 4-2021.



Read the mobile-friendly digimag or subscribe to receive a print copy.

With the best intentions in the world and all of the fantastic progress we’ve
made in recent decades moving towards sustainable low-carbon alternatives, there
is no quick fix. The change from oil and gas to green energy simply cannot be an
immediate change.

The idea that we can have oil and gas one day, then replaced by wind and solar
power the next is a fantasy. The truth is the move to renewable energy is a
transition that will take time, not a switch or a magic click of the fingers.

By understanding that the energy transition means we will be needing oil and gas
around for some considerable time, we can focus our efforts on supporting oil
and gas companies to transition faster, rather than simply condemning them as
‘bad for the planet’ and hoping they will go away.

They won’t. Because right now we can’t function without them. Unfortunately,
fusion and green hydrogen energies are still a long way away from being scalable
and affordable.

Energy security

It all comes down to energy security. In fact, it’s the main consideration in
the continued use of hydrocarbons. The International Energy Agency defines
energy security as the uninterrupted availability of energy sources at an
affordable price, and describes it as a priority goal now and in the future.

Disturbances to energy systems have the potential to cause severe and chaotic
impacts on society and the economy, limiting development in both and justifying
the high concern around energy security.

This is because energy infiltrates every aspect of our lives, even those that
seem so far removed from the energy sector.

Every vehicle we drive, every light we turn on, every item of clothing we wear
and every electronic device we use is available to us because of the energy
industry. And right now, whether we like it or not, it’s also largely because of
oil and gas.

Of course we hope to change this heavy reliance on hydrocarbons. However it’s
important to remember that our reliance on energy and power is growing
everfaster, as society becomes increasingly electric.

This means on our journey to achieve net zero, energy security will only become
more important. The good news is that undoubtedly the shift to clean energy will
help to improve energy security across the world as natural resources become
scarce.

Developing and adopting green energy low-carbon technologies will boost
technological innovations and protect against technological uncertainty. This
will in turn enhance energy security – it will just take some time to get there.

Digital transformation

Time is what the experts are increasingly warning us that we are running out of.
The climate crisis looms and we must transition faster.

Easier said than done of course when much of the world’s energy infrastructure
is built for fossil fuels. So how do we speed up the energy transition?

Digital transformation is key here. However, in order to see a real impact, this
must be a sea change – a full industry wide digital transformation.

We need to break down the barriers of reliance on outdated processes and old
technologies that are inefficient, using and wasting huge amounts of valuable
energy through disparate systems and controls.

Deploying more low-carbon systems and modern technology capable of learning,
like AI, will help to connect distributed teams delivering tomorrow’s office as
a hybrid hub, maximising the benefits of remote work and immediately increasing
energy efficiency.

The benefits of digitalisation come into play through work management automation
tools that optimise business processes and therefore the energy services as well
as combatting the challenges these energy companies face such as development and
productivity.

The digital methodology and innovation to replace the old with new and improved
technology is already out there, but unfortunately the sense of urgency is still
lacking.

So, to put it bluntly for companies that aren’t yet convinced they need to make
their contribution: Digital transformation is the only way oil and gas
businesses will successfully transition and continue to operate effectively in
the future. The key question then is: How can we help hydrocarbon businesses
transition to clean energy?

Transitioning oil and gas

Investing directly in low-carbon tech is certainly one way to drive the
innovation we need to support a full digital transformation, but achieving a
lasting, green future also demands a total shift in thinking and attitude.

This happens to be something the younger, digitally-enabled generation are
perhaps more adept at and so energy companies need to focus on attracting this
up and coming green talent to help create and manage the new systems and
technology we need.

But the negative image of oil and gas poses a challenge to recruitment.
Association with the energy sector is no longer an attractive prospect to young,
green talent eager to change the world; yet oil and gas must remain a part of
the energy equation for years to come as the industry and the world works its
way through the energy transition.

As it is imperative that companies do recruit for the success of the energy
transition, they need help to attract and retain this new talent.

Specialised green talent recruiting software is an excellent place for
businesses to start. It can offer a fast way to access or find new talent, as
well as allowing companies to post ads for specific green projects, search for
rated talent and engage freelancers.

Recruitment is already challenging and lengthy, but platforms like this can help
to source some of the resources required to find the best green energy talent
available.

Another way to attract and retain new talent is through the adoption of remote,
flexible workplace systems, that embrace the gig economy.

The next generation of workers is looking for an attractive work environment
without frustrating processes and slow decision making. They won’t hesitate in
taking their time and skills elsewhere if such an environment is not available,
regardless of employment status. In a nutshell, businesses need to adapt to a
new way of working or lose out.

The gig economy revolution is founded on a fundamental shift in the way
companies engage with talent and manage their work, underpinned by the digital
transformation.

Technology is driving teams to work smarter, not harder, and will be a great
benefit to a business’s green credentials in the longer term, therefore making
them more attractive to prospective employees. Similarly, by embracing
technology, employers and gig workers can see the benefit of a more flexible way
of working, allowing access to a global green talent pool that is no longer
restricted by geography.



ABOUT THE AUTHOR



James McCallum is co-founder of work management automation platform Proteus. He
will be taking part in the next episode of the ‘Green is the New Black’ webcast
series, which examines the intersection between the oil & gas industry and
renewables.

Sign up for our newsletter and stay informed

 * TAGS
 * 2021 – Issue 4
 * net zero

Facebook

Twitter

Linkedin

Previous articleBravehearts chase Scotland’s offshore wind prize

Next articlePoland and the race to 55
Guest Contributor




RELATED ARTICLESMORE FROM AUTHOR


SCE ENERGY DEPLOYS OVER 7MW OF MONITORED SOLAR CAPACITY ACROSS AUSTRALIA


WINDESCO SELECTS TECHNOLOGY PARTNER FOR OPTIMUM ENERGY PRODUCTION


EU INVESTS €1.1BN IN CLEAN TECH INNOVATION PROJECTS




NO POSTS TO DISPLAY

TRENDING THIS WEEK


EDF CONSORTIUM WINS TENDER FOR COMBINED CYCLE PLANT IN...

November 22, 2021


US BUILD BACK BETTER BILL PLANS AMBITIOUS GROWTH FOR RE...

November 22, 2021


SCOTTISH CONSORTIUM TO TEST LOW-LEVEL GROUND EFFECT WIN...

November 20, 2021


VESTAS SHUTS IT SYSTEMS IN RESPONSE TO CYBER SECURITY I...

November 22, 2021


INNIO AND HYOSUNG TO DEPLOY APACS FIRST 100% HYDROGEN P...

November 22, 2021


LATEST FEATURE


NOT ALL STORAGE SOLUTIONS ARE CREATED EQUAL

November 10, 2021


ORKNEY: TURNING THE TIDES TO RENEWABLES

November 10, 2021


SYNCHRONOUS CONDENSERS PUT VITAL SPINNING INERTIA BACK INTO DECARBONIZED POWER
GRIDS

November 10, 2021


POWER GENERATION FOR THE NEXT GENERATION

November 10, 2021


PROACTIVE MEASURES TO CYBER-SECURE UTILITIES

November 10, 2021
Facebook
Linkedin
Twitter
Youtube
Style
 * About
 * Advertise
 * Join
 * Contact
 * Our Network
 * Privacy Policy

© Synergy BV | Company number: 30198411 | Registered in the Netherlands at
Bisonspoor 3002, C601, 3605 LT Maarssen

This site uses cookies which are essential to make the site function
effectively. By using our site you accept the terms of our cookie
policy.ACCEPTCookie Policy