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How does a massive, $150 billion + global corporation with strong roots in supporting the oil & gas industry globally for decades transition to a low carbon firm with highly decarbonized value chains?
Here are some thoughts from Mitsubishi CEO Takehiko Kakiuchi:
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The company is committed to providing a stable supply of LNG while working towards halving greenhouse gas emissions by 2030 and actively investing in renewable energy, with wind and solar power representing roughly half of the ¥2 trillion ($17 billion) committed to energy transformation efforts.
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The wider Japanese economy aims to become carbon-neutral in 30 years and is expected to cover about 40% of its energy demand with renewables, with natural gas playing a vital role in meeting the remaining 60%
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“ The greatest focus is on hydrogen as we move toward 2050.Another technological shortcut to carbon neutrality may be the introduction of compact nuclear power plants known as small modular reactors [SMRs] “ - Takehiko Kakiuchi ( CEO - Mitsubishi Corporation )
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Kakiuchi also suggests that part of this transformation should involve the introduction of AI into distributed energy infrastructure [to help manage decentralized grids]. He believes this will increase energy efficiency and optimize storage potential.
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https://www.strategy-business.com/article/Mitsubishi-Corporations-green-transition
