Industry

Industry

The foundational product for developing rural and urban areas worldwide remains steel and cement. However, production in heavy industries, like ammonia, presents energy and environmental challenges.

Since the 1960s, intensive efforts have been made to replace fossil fuel consumption, focusing on developing alternative energy sources, especially wind, solar, and hydro power. Large nuclear power plants have also been part of the solution, but the early plants have, for various reasons, not been an attractive solution.

Simply put, we have not succeeded in reducing fossil fuel consumption, nor have we met the overall goal of delivering the necessary energy or reducing CO2 emissions. This recognition is increasingly accepted on a global scale.