Sustainable growth in any modern economy is dependent upon the ability to deliver reliable, cost competitive and environmentally sustainable energy and water. Across the world increased water demand from rapid urbanisation and climate change is placing considerable stress on supplies. Businesses, municipalities and industries are recognizing that water quality and supply cannot be taken for granted. As more recent events have demonstrated, security of supply of fresh water is not only critical for human consumption but also for production and profitability of several industries. Industries and governments are increasingly adopting a strategic approach to water usage and management in order to maximize efficiency and to mitigate the risk of disruption which could arise from shortages and/or changes to quality. The investment opportunities are extraordinary because many new materials and technologies are reshaping the power, water and energy industries to meet increasing demand. Most of this demand is coming from transition economies where growth is rapid. For example, in optimization solutions which address energy efficiency (including up-and-downstream processes in the oil & gas and power sectors) and the substitution that provides reliable low carbon alternatives, significant benefits are currently being generated from incremental advancements in technologies.
The future of energy is one of innovation and technology deployment which results in changes; and changes provide opportunities. They have historically invested in critical points along the value chain in collaboration with their strategic alliance partners in order to deliver credible business solutions in key growth markets. This augments their extensive experience and network in deploying technology solutions into the market.