Decarbonization of Industrial Clusters Initiative Gains Global Momentum
DAVOS, Switzerland; Jan. 19, 2023 - Nine leading industrial clusters in China, Indonesia, Japan, Spain and the United States have joined the World Economic Forum initiative, Transitioning Industrial Clusters towards Net Zero, to help industries reduce emissions. The initiative is supported by Accenture (NYSE: ACN) and EPRI. The latest members were announced today at the World Economic Forum Annual Meeting 2023. Launched in 2021, the initiative focuses on reducing heavy industry asset emissions in regional industrial zones, while supporting job creation and increasing economic competitiveness. Industrial clusters account for 15%-20% of global CO2 emissions, making them an attractive target for emission reductions. Industries in the same general location benefit not only from sharing risk, infrastructure and natural resources but also from a united approach to tackle decarbonization along with workforce transformation and environmental justice. The latest members of the initiative are:
- Andalusian Green Hydrogen Valley, with projects in Palos de la Frontera (Huelva) and San Roque (Cádiz), Spain, it aims to implement the largest green hydrogen project in Andalusia that offers a solid electricity grid, abundant low-cost renewable production, high industrial consumption and good connections by road, rail, air and maritime transport.
- Canary Islands Industrial Cluster, Spain, seeks to become a hub for sustainable aviation and clean shipping by using the islands' significant solar and wind energy generation.
- Greater St Louis and Illinois Regional Clean Hydrogen Hub Industrial Cluster, U.S., is a diverse group of industry, business and community groups and academic institutions collaborating to decarbonize the regional industrial sector and foster production and end-uses of hydrogen.
- Indo-Pacific Net-zero Battery-Materials Consortium (INBC) in Indonesia is a cooperation to secure low-carbon battery materials from Indonesia to the gigafactories in the UK and to launch the leading net zero industrial park in Sulawesi, Indonesia.
- Jababeka Net-Zero Industrial Cluster in Cikarang, Indonesia, includes various industries and is the first publicly listed industrial cluster which will focus on rooftop solar panels, biomass co-firing as a renewable substitute, organic waste management, circular manufacturing, electric mobility and hydrogen solutions.
- Kawasaki Carbon Neutral Industrial Complex, Japan, with petroleum and chemicals at its core, as well as, steel and electric power industries, is pursuing hydrogen deployment, carbon recycling and the use of regional energy optimization.
- National Capital Hydrogen Center, U.S., helps to accelerate the clean energy transition of the Washington D.C., Maryland and Virginia region while supporting the regional and national imperative to deliver hydrogen solutions for a U.S. clean energy future.
- Ordos-Envision Net Zero Industrial Park, China, which integrates supply chains in Inner Mongolia for battery manufacturing and energy storage, electric vehicle, photovoltaic and green hydrogen equipment, features a high rate (>80%) of renewable penetration, a net zero digital certification system, and supports carbon neutrality for industries within the region.
- Sanjiang New Area Industrial Park, China, aspires to achieve carbon neutrality across the local battery value chain by means of green electricity, intelligent energy management, sewage treatment and green transport, while leveraging the innovative experiences in the zero-carbon factory and lighthouse factory of CATL's Sichuan plant.
About the Transitioning Industrial Clusters towards Net Zero Initiative The Transitioning Industrial Clusters towards Net Zero initiative aims to accelerate the transition of industrial clusters globally towards net-zero emissions. Through the initiative's structured approach to financing, policy, technology and partnerships, combined with best practices from committed clusters, industrial hubs will be enabled to accelerate their alignment on net-zero targets and implementation strategies.
About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services-creating tangible value at speed and scale. We are a talent and innovation led company with 738,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.
About EPRI
Founded in 1972, EPRI is the world's preeminent independent, non-profit energy research and development organization, with offices around the world. EPRI's trusted experts collaborate with more than 450 companies in 45 countries, driving innovation to ensure the public has clean, safe, reliable, affordable, and equitable access to electricity across the globe. Together, we are shaping the future of energy.
About the World Economic Forum Annual Meeting 2023
The World Economic Forum Annual Meeting 2023 convenes the world's foremost leaders under the theme Cooperation in a Fragmented World. It calls on world leaders to address immediate economic, energy and food crises while laying the groundwork for a more sustainable, resilient world. For further information, please click here.
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Contacts: Guy Cantwell Accenture +1 281 900 9089
guy.cantwell@accenture.com Rachel Gantz EPRI +1 202 293 7517
rgantz@epri.com
Sahil Raina
World Economic Forum
+41 79 55966273
sahil.raina@weforum.org
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Accenture plc published this content on 19 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2023 13:10:08 UTC.