ONHP TRANSLATION CONTEST

Traditionally, on the eve of International Translation Day ONHP conducted the Contest for the Best Translation in Technical Sphere.

ONHP kindly invites everybody interested in English language to participate in this event, whether you are a company employee, school or university student or ONHP partner.

In connection with the Day of oil, gas and fuel industry workers, which is a professional holiday for company employees and a significant day for Omsk region and the whole country, ONHP International Business Department selected a text dedicated to the currently important direction – DECARBONIZATION OF ECONOMICS AND ENERGY SYSTEMS.

We kindly ask you to send your translations from September 02 till September 30, 2022. Translated text shall be submitted electronically by email to conference@onhp.ru specifying in the subject “Translation contest”.

Also you shall send an application form containing a brief information about the participant by completing one of the next table in the file below.

If you have any questions, feel free to contact ONHP International Business Department by phone +7 (3812) 438-508. Contact person: Mrs. Voronina Oxana Alexeevna, ONHP International Business Department Interface Manager.

WE WISH LUCK TO ALL PARTICIPANTS!

 

BELOW PLEASE FIND THE TEXT FOR TRANSLATION:

These Decarbonization Technologies Are Especially Ripe For Innovation And Investment

As carbon emissions continue to build up in the atmosphere at historic levels, the push to decarbonize the planet is intensifying.  Companies and governments are making new commitments to achieve ambitious net zero targets to meet the growing demands of consumers, investors and citizens, all of whom want to see progress on climate change. This now global effort is creating an explosion of opportunity in a variety of technologies.

Mitsubishi Heavy Industries (MHI) Group, a Japan-based leader in decarbonization technology, has identified three areas that are primed for innovation and investment.

With the commoditization of captured carbon, analyst projections for products that use carbon dioxide range from $800 billion to $1 trillion by 2030. Possibilities range from incorporating the gas into building materials such as concrete to using it as a feedstock for chemicals like solvents or plastics to new, as-yet unimagined applications.

Improvements to other existing technologies can play key roles as well. For example, more efficient gas-powered turbines can reduce consumption by electricity generators. Gains in the efficiency of solar panel technology are driving cost efficiencies. And wave and tidal power are poised to come online at scale. Because there is no single storage solution that’s effective in all applications, increasing the use of current technologies will certainly be a part of the world’s energy future.

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05 September 2022