Energy Transition and Geoeconomic Fragmentation


Book Description

The transition to a low-carbon economy, which is needed to mitigate climate change and meet the Paris Agreement temperature goals, has been affected by the supply chain and energy supply disruptions that originated during the COVID-19 pandemic, the Russian invasion of Ukraine, and the subsequent energy crisis and exacerbation of geopolitical tensions. These developments, and the broader context of the ongoing “polycrisis,” can affect future decarbonization scenarios. This reflects three main factors: (1) pullbacks in climate mitigation policies and increased carbon lock-in in fossil fuel infrastructure and policymaking; (2) the decreasing likelihood of continuous cost reduction in renewable energy technologies; and (3) the likely intensification of macroeconomic shocks amid increasing geoeconomic fragmentation, and the associated policy responses. In this context, the note assesses the implications of the polycrisis for hypothetical scenarios used to assess climate-related financial risks. Following an analysis of the channels through which these effects are likely to materialize over short- and long-term horizons and some policy implications, the note proposes potential adjustments to the design of the climate scenarios used by financial institutions, central banks, and financial sector supervisors and regulators within their risk management frameworks.




Catalysis by Transition Metal Sulphides


Book Description

The main application of Transition Metal Sulphides (TMS) as solid catalysts is for production of clean fuels in petroleum refineries. The various feedstocks to be processed all contain more or less sulphur, included in highly stable heteroaromatic molecules. In order to meet the stringent specifications imposed worldwide nowadays on transportation fuels to reduce their environmental impact, catalytic hydroprocessing remains essential. In this process, sulphur is removed as H2S following the reaction between molecular hydrogen and the heteroaromatics. The reaction conditions and reaction medium composition are such that only TMS provide stable catalysts, generally supported on alumina. Both for their fundamental and applied interest, these fascinating systems are still the subject of a very significant research effort, while major advances have been made over the past 30 years, involving innovative preparation routes, sophisticated surface science experiments for characterisation, detailed kinetic and mechanistic studies, and state of the art DFT simulations giving unprecedented insight into the local structure as well as elementary steps at microscopic level. This book aims at providing a complete, comprehensive and updated survey of the field, useful for anyone involved: the student starting a research project, the academic researcher or the refinery engineer willing to deepen their knowledge on the catalytic as well as on the process aspects. 37 specialists from IFP Energies nouvelles, CNRS, or French universities have contributed, reporting a unique synthesis of the last 15 years of research. The preface written by Michèle Breysse, a well known leading scientist who devoted most of her fruitful career to this topic, puts this collective work into a meaningful historical perspective. Contents : Part 1. Fundamental Aspects: Insights from DFT calculations and experimental surface sciences. 1. Periodic trends in catalysis by sulphides. 2. Atomic scale structures of mixed lamellar sulphides. 3. Theoretical and microkinetic studies of hydrotreatment reactions. 4. Models of supported Co(Ni)MoS Catalysts. Part 2. Progress in the preparation and characterisation of industrial hydrotreating catalysts. 1. Principles involved in the preparation of hydrotreatment catalysts. 2. Progress in the preparation of new catalysts. 3. Progress in the preparation of catalysts with controlled acidity: case of aluminosilicate supports. 4. Activation and genesis of the active phase by sulfidation. 5. life cycle of an HDT catalyst. 6. Charaterisation of catalysts. Part 3. Applications to the production of clean fuels. 1. An overview of refining. 2. Deep desulphurisation of middle distillates. 3. Selective desulphurisation of catalytic cracking gasolines. 4. Hydrocracking. 5. Hydroprocessing and hydroconversion of residue fractions. 6. Hydrotreatment of vegetable oils. 7. Hydroconversion of coals. Conclusion.




Publications


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Science Progress


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Extra-ordinaire


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This work is edited by a group of young, Paris-based architects and consists of a photo documentary by the Parisien art photographer Cecile on so-called "normal" interiors in everyday use. This is followed by a documentation on anonymous architecture in Australia, Tasmania and New Zealand.







Alain Chartier


Book Description

Belle dame sans merci (Beautiful lady with no mercy) (1424) is not readily available in moden English translation elsewhere, making this an essential addition to any library with a medieval literature or French literature collection.