Adnoc, Siemens Energy to co-develop low-CO2 energy certificates

Abu Dhabi National Oil Company (Adnoc) and Siemens Energy on Wednesday announced plans to pilot blockchain technology to certify the carbon intensity of a range of products.

By using smart sensor data gathered from across Adnoc’s operational chain –from the oil well right to the customer – the pilot will show how much CO2 was used to make products such as Murban crude, ammonia, and aviation fuels. This information will be automatically recorded onto a decentralised blockchain ledger.

Such transparency will allow independent regulators to certify the carbon intensity of products. It will also give customers greater confidence and clarity over the carbon footprint of their purchases.

Abdulmunim Saif Al Kindy, executive director for People, Technology and Corporate Support Directorate at Adnoc, said people typically associate blockchain technology with crypto currencies, but the use of decentralised ledgers has significant implications for the energy industry.

"This pilot promises to shine a digital spotlight into our manufacturing processes. It will show the world why energy supplied by Adnoc is among the least carbon intensive in the oil and gas industry,” he said.

The low-carbon energy certificate initiative forms part of a broader memorandum of understanding between Adnoc and Siemens Energy. Under the agreement, specialists from both companies will co-create technologies to accelerate decarbonisation and the transition to clean energy. They will collaborate at Asnoc’s state-of-the art innovation facility in Abu Dhabi.

— muzaffarrizvi@khaleejtimes.com