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Deloitte helps energy players and corporates active in energy intensive industries in developing their pathway to net zero and assist them to make it happen. Additionally, we help public authorities in setting out a long term vision and supporting policy.

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Key drivers: The importance of the climate and energy transition

Since the industrial revolution our global CO2 emissions footprint has increased drastically, leading to an increase in global surface temperature of about 1,1°C. While our fossil fuel based society has brought us many benefits, the adverse physical effects of climate change become more and more apparent. In the absence of appropriate climate mitigation measures it is expected that the frequency and intensity of extreme weather events will have a massive global impact.


While there is still time to reverse climate change, it’s clearly running out and we need to act now. Consequently, the EU aims to be climate-neutral by 2050. This objective is at the heart of the European Green Deal and in line with the EU’s commitment to global climate action under the Paris Agreement, to limit global warming to well below 2°C. Both federal and regional governments have endorsed the EU targets via the Belgian integrated National Energy and Climate Plan 2021 - 2030.  At the same time there is a strong push from society, investors and corporates.


Climate change poses several challenges, as well as opportunities. In order to realise the transition to climate-neutrality, strategic choices need to be made without delay, that will trigger investments, research and market development. Our energy mix is shifting to renewables, public and private organisations are working hard to pull their decarbonization levers, new ecosystems are forming contributing to a vibrant green economy.

To put our global WorldClimate strategy into action, Deloitte in collaboration with its consortium partners, has developed a roadmap for VLAIO, the Flemish Agency for Innovation and Entrepreneurship, to support the transition to a carbon neutral Flemish industry.

Basic industries in Flanders, amongst others steel, chemicals and refining, are a strong driver for our economy, contributing to GDP and employment. At the same time, these industries correspond to about one third of CO2 emissions in Flanders and the need for climate change necessitates these energy-intensive companies to rethink their production processes.

To realize the energy transition, our study identifies technologies and decarbonization pathways, such as electrification, hydrogen, carbon capture storage and utilization, biomass and circularity.

The study provides a clear timeline and makes recommendations with respect to financing, innovation, infrastructure and regulation.


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Climate targets for 2030 and 2050 pose major challenges for the gas sector in Belgium, representing more than a quarter of primary energy consumption.

For Federal Public Service Economy and with support of Cabinet of Federal Minister of Energy, Deloitte has formulated a vision on the future of gas in a climate-neutral Begian energy system to support policy choices, as a signal to the market an to underpin Belgium’s position at European level.

The study describes the promising role of climate neutral methane, the development of an economy based on hydrogen and derived energy carriers and the opportunities and challenges of CO2 storage and valorization. Furthermore, the study identifies critical success factors and levers for the energy transition and formulated concrete policy recommendations regarding general policy, energy supply and international positioning, infrastructure and facilitating market development.


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Our services

The energy transition is a complex story of multiple domains coming together to move into the right direction. It’s expected that individual players will act more and more in an ecosystem with closer interaction and integration between sectors and energy carriers.

Within Deloitte we have the right expertise and experience from a local and global perspective, so we can mobilize the strength of the firm to help our clients. We are well connected with all stakeholders and have a good understanding of the local context. We have a particular focus on the following domains:

Multiple studies predict a strong increase of the use of electricity, up to 50% of the final energy demand by 2050 (compared to 20% or less today). This uptake is largely driven by energy efficiency as direct electrification is often the most efficient way to use the limited amount of energy available. A well-known example is the electrification of passenger cars.

The supply of climate-neutral electricity in Belgium will be largely renewables based and will depend on the expansion of mainly offshore wind and solar power and interconnections with our neighboring countries.

Climate-neutral gases will remain important because of their unique advantages (high energy density, use for high temperature heat and feedstock, etc.) and the complementary role between the electricity and gas systems (flexibility and storage). In particular hydrogen and derived energy carriers have a promising future.

For the Belgian energy system we estimate the hydrogen demand to reach around 50 to 125 TWh/yr by 2050. We see a role for hydrogen in first instance in industry, followed by heavy transport, and potentially later on in buildings. To provide end-users with the necessary hydrogen, we expect a limited amount of local production to be complemented with imports of climate-neutral molecules, also referred to as ‘shipping the sun’.

A Belgian hydrogen backbone will enable transport to end-users, starting with the industrial clusters, and transit to our neighboring countries. Belgium has multiple technology providers and (potential) consumers and is well placed to exploit this expertise internationally.

In some hard-to-abate sectors CCS/U may provide a solution where others are hard to apply. Concretely, CO2 emissions are captured from the exhaust of, typically, industrial processes and subsequently stored in large cavities such as depleted gas fields in the North Sea. Multiple large-scale storage projects are expected to be deployed in the coming years.

In a later stage, as the technology matures, CO2 will be reused and valorized as a feedstock. Transport through shipping or pipeline will connect points of excess CO2 (e.g. North Sea Port, Port of Antwerp) with points for storage or use.

Flooding, water scarcity and droughts are major concerns for Belgium in light of climate change. Water is an essential resource for agriculture, industry and our citizens. An appropriate water management should be a top priority, as highlighted for example in the Blue Deal of the Flemish government. This includes circular water use, investments in innovative, robust and sustainable water infrastructure, awareness creation of citizens, etc.

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Supporting areas

We aspire to be the trusted advisor in accelerating the energy transition and the decarbonization of our society, by assisting our clients end-to-end. Companies going through this transition in a smart, structured & profitable way, will not only retain their license-to-operate, but will increase their competitive advantage in the market by navigating towards more sustainable services and products. We support our clients in every facet of this ambitious and challenging journey, namely in the following areas:

Two key elements of an actionable plan are the understanding of where you are and where you are headed. In this case, the calculation of your current carbon footprint (scope 1, 2 and 3) and setting out your ambition. The demarcation of the footprint calculation can be done at any level, in function of your needs (e.g. sector, company, process, country, region, city).

Looking forward means understanding the current and future policy and regulatory landscape. We help you to stay on top of rapidly evolving energy and climate related regulations, both in the EU as well as at federal and regional level. We assist public authorities with assessing existing policies and make recommendations for futureproofing them or implementing new ones.

Starting from your current energy and feedstock balance, technologies and processes in place, we assist you making a techno-economic assessment of the available decarbonization solutions, exploring evolutions in energy mix (hydrogen, biogas, renewables, etc.), technologies and energy price evolutions (incl. taxes and subsidies). We map opportunities, challenges and barriers of the various solutions. Scenario analysis allows to deal with uncertainties and guide you in this important decision making process.

Stakeholder engagement and collaboration throughout the value chain are a critical success factor for new ways of business and fundamentally reducing our climate impacts. Innovative business models will help you to transform and answer to the changing needs from your customers and differentiate from the competition.

To succeed in the transition your roadmap will need to be sustainable and economically viable. We help to build and evaluate the respective business case(s) and explore the available options to make it/them positive. This may be realized be through successful filing of EU and national grant and incentive applications, in which we have a proven track record.

The above mentioned elements lead to an actionable strategy to optimize your operations, value chain and carbon reduction measures to reduce emissions and environmental impacts in a profitable manner. We help to translate your strategy into a clear roadmap with defined milestones and KPI’s to track progress.

Successfully managing your transition means having everybody onboard. This includes internal and external stakeholders. Communicating your vision and strategy and engaging the entire workforce is key.

Reaching an objective means hard work. We assist you by providing project management and setting up the necessary processes and systems to bring your strategy to live.

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Our impact

We help organisations decide what strategic choices to make and advise them on how to comply with changing regulations. With our support they learn when to invest and how to finance the investment, driving positive and lasting change that impacts the organisation and beyond. We share below two cases of publicly available studies to exemplify how we are making an impact in the climate and energy transition.


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Meet our team

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Eline Brugman

Director, Climate & Energy

Stijn Vercammen

Manager, Risk Advisory

Brecht D’hont

Manager, Consulting

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Get in touch

Let's work together to a more sustainable future.

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