Highlights include:

• Energy Security, Supply & Sustainability - The trilemma of energy needing to be secure, affordable, and low carbon needs to be managed in unison, despite the volatility in prices, policy and supply. There is a threat that the industry is losing sight of the bigger decarbonisation picture whilst it works to resolve the short-term challenges
• Hydrogen – Enabler or Hinderance? - Are Europe’s producers even looking at the right solutions? Hydrogen alone cannot solve the problems. Green hydrogen value chains are extremely inefficient; taking renewables, converting to green hydrogen, converting that to ammonia, transporting it to the source of demand, and then converting it back to hydrogen for end use.
• Diversifying Primary Energy Sources - The downstream industry is changing, with boundaries between upstream, midstream, downstream and power becoming blurred. But how will producers get the right feedstock for their products with the overall lowest carbon footprint within the whole value chain?
• Critical Capabilities to Succeed - Europe’s refiners and producers must consider all of the solutions that are needed. First, a less carbon intensive energy mix is required. Second, reducing emissions and third, offsetting residual emissions is crucial.