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We are pleased to release our WRA Outlook Report which details the findings from the ERTC executive meeting held on 19^th March 2020.

In this report, we cover 3 central topics shaping the European market at the moment:

1. Reacting to the COVID-19 outbreak and the impact on global refining for 2020
   • The challenge of reaching NetZero
   • The impact on the European Green Deal in light of COVID-19
2. CO2 reduction pathways for refineries to be part of the energy transition
   • Carbon capture, utilisation and storage
   • The potential of hydrogen
   • Alternative fuels including biofuels
   • Being part of the circular economy: Embracing recycling
3. Routes to maintain margins on existing assets: Digitalisation, developing energy efficiency & operational excellence
   • Digitalisation is the long-term solution to existing asset integrity
   • Diversification: The petrochemicals and chemicals opportunity
   • Bottom of the barrel technologies are key to navigating towards higher margins

Advisory Board Members

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