Today, Tulsa-based pipeline giant Williams announced it signed a memorandum of understanding (MoU) with Microsoft. Accordingly, this agreement will help the company explore ways to transform one of the nation’s largest energy infrastructure networks through digital technology and innovation. Williams also wants to do so while advancing its net-zero emissions goals.
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About the MoU between Williams and Microsoft
Particularly, through the MoU, Williams and Microsoft will begin to explore lower carbon opportunities; thus, focusing on the development of a hydrogen economy. They’ll also work together to develop more renewable natural gas products, carbon capture utilization and storage, and energy storage solutions.
Similarly, Microsoft will specifically evaluate ways for Williams to leverage Azure’s branch services and solutions; particularly, to further improve emissions monitoring and reporting. Finally, this agreement aims to identify operational efficiencies through a connected workforce and data-driven intelligence.
Worth noting, the MoU also supports Williams’ near-term climate commitment of 56% absolute reduction in company-wide greenhouse gas (GHG) emissions by 2030. Thus, the company will achieve that by leveraging technology available today to reduce emissions, scale renewables and build a clean energy economy.
A long-term partnership
Earlier this year, both companies announced they were partnering to help each other advance their energy transition efforts while leveraging digital solutions. At the moment, the terms of the relationship with Microsoft were “emerging”. However, both firms stressed they had energy-focused executives within their ranks.
In this sense, Alan Armstrong, president and CEO at Williams, said in a statement; “Williams shares Microsoft’s vision for a low carbon future. Likewise, we are committed to helping our customers achieve their sustainability goals while meeting energy demand with the reliability of clean natural gas and renewable energy sources.”
Therefore, “this alignment between two forward-looking companies demonstrates the environmental and economic benefits that are possible,” continued Armstrong. Particularly when we work together to achieve reductions in carbon emissions.”
Similarly, Darryl Willis, corporate vice president of energy at Microsoft, said; “Microsoft looks forward to working with Williams on their energy transition journey.” Hence, “through digital transformation and a focus on a net-zero carbon future, we will be able to unlock new business models and untapped value.”
Indeed, since 2005, Williams’ infrastructure has helped the U.S. decrease GHG emissions by 33 million metric tons. Accordingly, this is the equivalent of removing more than 7 million gasoline-powered cars from the road for a year.
