Sign in to view more content

Create your free account or sign in to continue your search

Welcome back

By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.

New to LinkedIn? Join now

or

New to LinkedIn? Join now

By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.

Skip to main content
LinkedIn
  • Top Content
  • People
  • Learning
  • Jobs
  • Games
Join now Sign in
  1. All
  2. Oil and Gas
  3. Petroleum Engineering

You're exploring renewable energy for oil and gas operations. How can you do it cost-effectively?

To integrate renewable energy into oil and gas operations cost-effectively, it's crucial to evaluate and optimize your approach. Here are some strategies:

- Assess energy needs and potential renewable sources carefully to ensure a proper match.

- Explore government incentives and tax credits that can offset initial costs.

- Implement energy-efficient practices to reduce overall consumption alongside the transition.

What strategies have you found effective for adopting renewable energy in a cost-effective manner?

Oil & Gas Oil & Gas

Oil & Gas

+ Follow
  1. All
  2. Oil and Gas
  3. Petroleum Engineering

You're exploring renewable energy for oil and gas operations. How can you do it cost-effectively?

To integrate renewable energy into oil and gas operations cost-effectively, it's crucial to evaluate and optimize your approach. Here are some strategies:

- Assess energy needs and potential renewable sources carefully to ensure a proper match.

- Explore government incentives and tax credits that can offset initial costs.

- Implement energy-efficient practices to reduce overall consumption alongside the transition.

What strategies have you found effective for adopting renewable energy in a cost-effective manner?

Add your perspective
Help others by sharing more (125 characters min.)
7 answers
  • Contributor profile photo
    Contributor profile photo
    Nurlan Askerov

    Commercial Operations Team Lead at TANAP Natural Gas Transmission Company

    • Report contribution

    In my opinion, making renewable energy integration cost-effective in oil and gas operations starts with understanding the specific energy needs of each site and pairing them with the right renewable sources, like solar or wind, that can work well alongside existing systems. I’ve found that taking advantage of government incentives and building partnerships with renewable providers can really help to reduce initial costs. Timing installations during planned maintenance, like during TARs, is also something I’ve seen work well to minimize downtime. Long-term contracts are useful for ensuring stable energy prices. Sustainable funding, like green bonds, can support these transitions even further.

    Like
    5
  • Contributor profile photo
    Contributor profile photo
    Ivan Primus

    International LinkedIn Top Voice from Indonesia | Founder & CEO at Primus Media | Big 4 Auditor

    • Report contribution

    Start with Hybrid Solutions: Implement hybrid systems combining traditional energy with renewables (e.g., solar panels or wind turbines) to reduce costs gradually. Leverage Existing Infrastructure: Use existing facilities and grids for renewable integration to minimize capital expenditures. Focus on High-Impact Areas: Prioritize renewable projects in operations with the highest energy consumption (e.g., offshore platforms, remote sites) to maximize ROI. Explore Government Incentives: Take advantage of tax credits, grants, and subsidies for renewable energy adoption. Partner with Experts: Collaborate with renewable energy providers or tech startups to access innovative solutions and share the financial risk.

    Like
    5
  • Contributor profile photo
    Contributor profile photo
    ✔Roman Subbotin

    Business Developer | Oil & Gas Industry | Project Management & Digital Transformation Expert | Strategic Business Development | Operational Excellence |

    • Report contribution

    💡To integrate renewable energy into oil and gas operations cost-effectively, consider these strategies: Assess Energy Needs: Carefully evaluate your energy requirements and match them with the most suitable renewable sources. Leverage Incentives: Take advantage of government incentives and tax credits to reduce initial investment costs. Energy Efficiency: Implement energy-saving practices alongside renewable integration to minimize overall consumption. What strategies have worked for you in adopting renewable energy in a cost-effective way? Let’s discuss!

    Like
    3
  • Contributor profile photo
    Contributor profile photo
    Ahmed Wahba

    PMP AND DBA from Egyptian government to preparing the 2030 Leaders

    • Report contribution

    Many ideas I found in my search regarding how to use renewable energy in oil and gas field , like solar energy and wind energy. In my opinion we should focus on these fields deeply and we can use the previous scientific research to build our knowledge and understanding how we can safely use renewable energy to save our environment and minimize pollution otherwise minimizing oil and gas costs in long term, so let us be useful and help together to create an green environment, we can develop our business with the specialist companies that have already started and have already know how like AIBLE COMPANIES….. etc. with building consortium or joint venture partnerships with those companies and training our qualified engineers to learn from them

    Like
    1
  • Contributor profile photo
    Contributor profile photo
    Pablo Meira, M.Sc

    Petroleum Chemist | Drilling, Cementing and Stimulation Fluid Specialist | Environmental Permitting | Greenhouse Gas Inventory | Decommissioning

    • Report contribution

    Integrating hydrogen as an energy source in thermoelectric plants is a promising solution to make oil and gas operations cleaner and more efficient. - Green Hydrogen: Produced via electrolysis using renewable energy, offering a carbon-neutral option. Key strategies include: - Partnering for local green hydrogen production. - Utilizing existing infrastructure to minimize adaptation costs. - Leveraging tax incentives and sustainable financing, such as green bonds. This approach enables sector decarbonization while enhancing economic competitiveness.

    Like
View more answers
Oil & Gas Oil & Gas

Oil & Gas

+ Follow

Rate this article

We created this article with the help of AI. What do you think of it?
It’s great It’s not so great

Thanks for your feedback

Your feedback is private. Like or react to bring the conversation to your network.

Tell us more

Report this article

More articles on Oil & Gas

No more previous content
  • What strategies would you employ to mitigate potential conflicts between community members and project staff?

    3 contributions

  • Your pipeline team is divided over new technologies. How do you resolve the conflicts?

  • How would you lead your team during a sudden oil spill crisis?

  • Your team is facing oil price instability. How can you foster resilience among them?

  • Balancing safety and costs is crucial in the oil and gas industry. How do you find the perfect equilibrium?

    3 contributions

  • You're managing a pipeline project. How can you satisfy stakeholders and stick to your budget?

    4 contributions

No more next content
See all

More relevant reading

  • Marine Engineering
    What's your strategy for staying current with marine renewable energy developments?
  • Engineering Design
    What are the key considerations for selecting distributed generation technology?
  • Structural Engineering
    What is the best way to balance technical and social aspects of wind energy projects?
  • Renewable Energy
    What are the steps to ensure your wind energy project qualifies for state incentives?

Are you sure you want to delete your contribution?

Are you sure you want to delete your reply?

  • LinkedIn © 2025
  • About
  • Accessibility
  • User Agreement
  • Privacy Policy
  • Your California Privacy Choices
  • Cookie Policy
  • Copyright Policy
  • Brand Policy
  • Guest Controls
  • Community Guidelines
Like
1
7 Contributions