Energy transition – moving from fossil-based energy sources to renewable or clean forms of energy – is the way of the future. Flowserve is uniquely positioned to support customers through this transition today and into the future using a three-fold approach called the 3Ds: Diversify, Decarbonize, and Digitize.
Why energy transition? And why the 3Ds? Here are four reasons why Flowserve is focusing on energy transition (and so should you!).
1. The world demands more energy
Demand for energy is increasing to support a growing global population. There is significant pressure that this energy is produced and delivered with cleaner processes and fewer emissions. Diversifying the global energy sector from fossil-based to zero-carbon fuels is a challenge for the future as much as it is for the present.
2. Mitigating climate change
Companies continue to look for ways to mitigate climate change. Transformation and digitization of current infrastructures can reduce the amount of greenhouse gases in the atmosphere and achieve net-zero emissions.
3. New business models
Energy providers are implementing new business models, technologies, partnerships, and capabilities to decarbonize the energy system and meet increasingly ambitious energy transition targets and sustainability commitments.
4. Pathways to clean energy
Many new technologies are in development and implementation as the global energy sector transitions from fossil-based to zero-carbon energy sources. These pathways are designed to reduce greenhouse gas emissions through clean and sustainable production.
Learn more about Flowserve’s Energy Advantage Program!