Global energy services company Penspen has launched a dedicated Energy Transition Consultancy – a multi-disciplinary centre of expertise to help the international energy industry reduce emissions
The Consultancy brings together a range of industry-leading energy transition experts to advise clients on low carbon-related opportunities from a project financing and development, regulatory and infrastructure standpoint.
Penspen CEO, Peter O’Sullivan, said, “Penspen have launched this consultancy in response to an increased focus on low carbon fuels such as hydrogen across the energy industry and to address the need to overcome the global dependence on fossil fuels. We believe a key factor in reducing hard to abate sources of carbon emissions, such as domestic heating, industrial heating and heavy vehicle transportation, will be the ability to reuse existing infrastructure, at least initially.”
“Our focus is to improve access to sustainable energy for communities worldwide. We face several challenges in doing that, whether related to the wider economy or to the scale of the investment in the energy sector required. The teams that make up our Energy Transition Consultancy have the broad range of skills required to help our clients navigate the challenges that lie ahead and achieve the goal of net zero emissions, no matter their location or stage on their decarbonisation journey.”
Penspen’s energy transition work is built around four pillars of expertise: building new hydrogen & CO2 infrastructure, the repurposing of existing infrastructure for the energy transition, operating with hydrogen & CO2, and maintaining infrastructure to maximise its lifecycle. The company’s work in these four pillars spans a range of services, including engineering & project management, asset integrity, asset management, digital services, alongside the its Centre of Engineering Excellence.
Penspen’s Energy Transition Consultancy team is comprised of senior engineers and consultants with extensive experience building low carbon fuel infrastructure, as well as talented young engineers developed through the company’s successful graduate programme.
The announcement comes following the recent COP27 conference in Egypt, where O'Sullivan addressed delegates on hydrogen and the energy transition, sharing knowledge on how a significant scale-up of low carbon hydrogen is required to decarbonise hard to abate sectors – reducing both carbon emissions and production costs.