With an intense focus on decarbonization to achieve net zero, Engineering, Procurement & Construction firms (EPCs) and their clients will need to reallocate capital to take advantage of this new opportunity, raising questions such as:
These are just a few of the questions that we asked your peer companies in an online survey to better understand the strategies and actions decision makers are taking to successfully navigate the energy evolution and circular economy. Within the next five years, 60% of respondents believe that over 40% of their work will be in the sustainability area. The hottest project areas are in energy efficiency, carbon capture and hydrogen economy. In executing these new projects, the biggest barrier cited by 44% of the respondents was building a staff with the right domain expertise; the second largest barrier cited was the economics of the projects themselves.
Please join our panel as they discuss all of the survey findings and provide their unique insights.