This report was authored by Delta-EE, a research and consultancy company, for Siemens Industry, Inc. and published in October 2020. Decarbonization can reduce energy-related costs and can benefit the reputation of the company brand. Decentralization and digitization are facilitating decarbonization. Countries are deciding between emissions trading and a carbon tax. Energy generation is moving to the edge of the grid at the customer site with sources such as wind, solar, and storage, the electrification of heat and transportation, and generation of hydrogen from excess renewable energy.  Use cases are presented for microgrids, virtual power plants, and
e-mobility.  Business strategies for achieving decarbonization are presented.

Keywords: Clean Tech, Climate Change, Connected/ EV Vehicles, Energy Efficiency/Management, Smart Grid