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March 10, 2023,
Volume 300, Issue 2

The energy industry is undergoing a massive evolution, much of which is driven by three distinct challenges: ensuring energy security, providing affordable energy, and moving to a cleaner and more sustainable energy future.

The United States Energy Information Administration (EIA) estimates that energy demand will increase by 50% over the next 30 years, while just in the last 12 months energy prices have increased significantly-with some parts of the world experiencing record energy prices and energy shortages. In addition, the energy industry is working to reduce its environmental footprint and accelerate the transition to renewable sources. Herein lies the question-how does the energy industry ensure affordable access to energy, but with a significantly lower environmental footprint?

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