Why Power Companies Need a Net Zero Strategy: Review of Net Zero Strategies of Leading Companies


Dublin, Jan. 16, 2024 (GLOBE NEWSWIRE) -- The "Net Zero Strategies in the Power Sector - Thematic Intelligence" report has been added to ResearchAndMarkets.com's offering.

Decarbonization is one of the most important threats facing the power sector globally. Countries aiming for net zero targets in 2050 and 2060 are increasingly prioritising renewable energy generation as power generation through fossil fuel combustion is the leading source of greenhouse gas (GHG) emissions across the power sector. Power companies need to focus on developing strategies to reduce their scope 1 and 2 emissions over the next 15 years with the aim of achieving net zero for all Scope GHG emissions by 2050.

This report reviews the Net Zero Strategies of the leading 20 companies in the Power sector and identifies key areas for energy transition investments.

Report Scope

  • Provides an overview of the emissions emanating from the power industry.
  • Overview of the strategies adopted by power companies to reduce carbon emissions.
  • Ranks industry leaders on their decarbonization efforts.
  • Discusses the impact of GHG emissions by power companies and strategies adopted to mitigate emissions.
  • Evaluates various scopes of emissions emanating from the power industry.
  • Benchmarks leading companies based on their emissions intensity and net zero commitments.

Key Topics Covered:

  • Executive Summary
  • Why Power Companies Need a Net Zero Strategy
  • Emissions Targets and Performance
  • Decarbonization Strategies
  • Net Zero Strategies of Leading Companies

List of Tables

  • Who's winning the race to Net Zero
  • 2030 Government emissions targets
  • ESG 1.0 vs ESG 2.0
  • Short term emission reduction targets
  • Net Zero emission targets
  • Power company Scope 1 and 2 emissions
  • Power company Scope 3 emissions
  • Power company emissions intensity ranking
  • Company Energy Transition scorecard
  • Net Zero strategies of leading companies

List of Figures

  • Power company net zero targets
  • Power sector key net zero strategies
  • Decarbonisation Leaders and Laggards
  • Scope 1, 2 and 3 emissions diagram
  • Stylised Net Zero strategy graph
  • Emissions reduction targets 1970-2070
  • Regulation driving corporate decarbonisation
  • COP28 outcomes for the power sector
  • Emissions in the Power sector value chain
  • Ratio of Scope 1 to Scope 2 emissions in the power sector
  • Average ratio of total emissions in 2022
  • Change in power sector emissions 2020-2022
  • Combined Scope 1 and 2 emissions, top 20 companies
  • Energy transition value chain
  • Graphic representation of smart grids
  • Energy storage technologies
  • Why should carbon offsets be avoided?

For more information about this report visit https://www.researchandmarkets.com/r/b6ff5g

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