10/11/2020 - Renewablesby Nicolas Moreau
Fueling the energy transitionWith ETO, we’ve sought out some of the best internal and external sources we could find to start up our team of renewables experts. For now, we have created clusters around four resources: carbon capture, utilization and storage (CCUS); geothermal; hydrogen; and offshore wind, which complement our solar offer. We looked at each of these energies and assessed markets to figure out exactly how to best shift Vallourec fully into the mix.
We have the expertise…The global energy shift won’t come easy, though. After over a hundred years of relying on fossil fuels, the world faces great challenges in bringing low-carbon energies to the fore. Infrastructure must be developed across the board, and each specific energy comes with its own set of obstacles.
…and tailored solutionsBut we’re not just trying to copy and paste oil and gas tubes and services solutions into these new markets. Our objective is to adapt our broader knowledge to new applications. We know how to handle pressurized steam, for example. This could open up new perspectives for carbon capture services. We can adapt our tubular solutions for CO2 transport and injection and refigure our intelligent pipes for downhole monitoring and measurement, ensuring storage well integrity.
About Nicolas MoreauNicolas Moreau joined Vallourec in 1999 and was appointed Energy Transition Opportunities Vice-President in January 2020. In his over 20 years with Vallourec, he has held different management positions in regional subsidiaries and at division levels, both in Industry and in a range of Energies sectors. Prior to 1999, he worked for various energy companies.