AI Artificial intelligence AtJ Alcohol-to-jet ALK Alkaline electrolysis ARENA Australian Renewable Energy Agency ARPA-EAdvanced Research Projects Agency-Energy ASTMAmerican Society for Testing and Materials ATM Air traffic management BAU Business-as-usual BCC Book and claim community BECCSBioenergy with carbon capture and storage B2B Business-to-business B2C Business-to-consumer BETs Battery electric trucks BF-BOF Blast furnace-basic oxygen furnace BIS Bureau of Indian Standards CapEx Capital expenditure CBAM Carbon Border Adjustment Mechanism CCfD Carbon Contracts for Difference CCS Carbon capture and storage CCUS Carbon capture, utilization and storage CIF Climate Investment Funds CII Carbon Intensity Indicator CO2Carbon dioxide CO2e Carbon dioxide equivalent CORSIACarbon Offsetting and Reduction Scheme for International Aviation DRI Direct reduced ironEAF Electric arc furnace EEXI Energy Efficiency Design Index EJ Exajoules EOR Enhanced oil recovery EU European Union EU-ETSEuropean Union Emissions Trading Scheme EV Electric vehicle FID Final investment decisions FMC First Movers Coalition FT Fischer-Tropsch GCCAGlobal Cement and Concrete Association GCMDGlobal Centre for Maritime Decarbonisation GHG Greenhouse gas GHGRP Greenhouse Gas Reporting Program GIIGNLInternational Group of Liquefied Natural Gas Importers GJ Gigajoule GRI Global Reporting Initiative GSE Ground support equipment Gt Gigatonnes GtCO2e Gigatonnes of carbon dioxide equivalent GW Gigawatt HEFA Hydroprocessed esters and fatty acids HETs Hydrogen electric trucks HFO Heavy fuel oil HT-PEMFCHigh Temperature Proton Exchange Membrane Fuel Cells IAI International Aluminium InstituteAppendices A1 Abbreviations and acronyms Net-Zero Industry Tracker: 2024 Edition 131

Net Zero Industry Tracker 2024