In response to the global issue of climate change, efforts are being made in countries around the world to reduce greenhouse gas emissions and achieve carbon neutrality. On the other hand, even in a carbon-neutral society, humans will continue to use hydrocarbons, which are formed by the combination of carbon and hydrogen. Hydrocarbons (liquid fuels) with high energy density are considered necessary for airplanes, ships, and large vehicles that need to travel long distances, and the chemical materials we use in our daily lives are also based on hydrocarbons.
Even in a carbon neutral society, the ENEOS Group will continue to supply energy and materials, including these hydrocarbons, by promoting the energy transition and a circular economy. In a carbon neutral society, not only will today’s petroleum be converted into substances that do not increase CO2 in the atmosphere, such as biomass, hydrogen derived from renewable energy as well as synthetic fuels made from hydrogen and CO2, but it will also be combined with carbon dioxide capture and storage (CCS) to achieve net zero CO2 emissions. With ENEOS for hydrocarbons, ENEOS Materials for materials, ENEOS Power and ENEOS Renewable Energy for electricity, and ENEOS Xplora for CCS, the ENEOS Group has all the foundations required for a carbon neutral society.
While maintaining a solid supply of oil, electricity, and other energy sources to support “today’s normal,” we will lead the way toward realizing a carbon neutral society, or “tomorrow’s normal,” by combining the fundamental and cutting-edge technologies of the Group.
Senior Vice President, CTO
Fujiyama Yuichiro