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The four important trends to decarbonize with technology are:-
- Transition to global green energy: Global power generation with the massive use of coal, gas, and oil impacts 27% of greenhouse gas emissions. However, diversification towards wind or solar and less emitting forms of electricity generation can result in greener energy. Even with green hydrogen pyrolysis of biomass can be a cost-effective method. In 2021, the German Federal Ministry for Economic Affairs and Energy provided around 594 million euros to promote energy research as well as an additional 100 million euros for real-world laboratories for the energy transition and 390 million euros for internation cooperation in the hydrogen field.
- Ecodesign-friendly end products: It means more economical use of materials. Such as in the automotive market, the use of low CO2 footprint material, the use of plastics from recycling sources, replacement of carbon fibers with basalt fibers from volcanic magma rock. As per Segula Technologies’ studies, with the integration of slag (combustion residues), the need for new raw materials will be reduced.
- Circular economy: It can be seen in the mobility sector where an old diesel engine has been replaced by a hydrogen engine or replacement modules for other equipment or components to reduce the environmental impact.
- Smart factory: The factories are becoming more popular with smarter and more digitally enhanced work environments. Such technologically enhanced environments are augmented reality, 3D printing, 3D scanning, predictive maintenance, monitoring production lines, and artificial intelligence. It also improves efficiency, fewer machine breakdowns, and reduces waste or pollutant emissions.