Bioenergy with carbon capture and storage

EQS-News: VERBIO Vereinigte BioEnergie AG: VERBIO Capital Markets Day 2023: Global growth and value added continue

Retrieved on: 
Jeudi, septembre 28, 2023
Starch, Bioenergy with carbon capture and storage, Plant, Chemical industry, Capital market, Biomass, CO2, Renewable energy

VERBIO Vereinigte BioEnergie AG: VERBIO Capital Markets Day 2023: Global growth and value added continue

Key Points: 
  • VERBIO Vereinigte BioEnergie AG: VERBIO Capital Markets Day 2023: Global growth and value added continue
    The issuer is solely responsible for the content of this announcement.
  • VERBIO Capital Markets Day 2023: Global growth and value added continue
    Leipzig, September 28, 2023 – Today, VERBIO is hosting a Capital Markets Day at its production location in Schwedt.
  • The focus of the day is on visiting the biorefinery, as well as presentations on VERBIO's corporate strategy and the competitiveness of its business model.
  • The presentation material for the Capital Markets Day will be available at www.verbio.de in the afternoon on September 28, 2023.

Drax Joins World Economic Forum's First Movers Coalition

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Mardi, août 29, 2023
Carbon, Acceleration, Climate, First-mover advantage, U.S. Department of Defense Strategy for Operating in Cyberspace, Carbon dioxide removal, Aviation, Organization, CDR, Bioenergy with carbon capture and storage, Risk, Drax Group, COP26, FMC, Drax, BECCS, United, Renewable energy

MONROE, La., Aug. 29, 2023 /PRNewswire/ -- Drax today announced its membership to the First Movers Coalition (FMC), playing its part in the development of the nascent carbon dioxide removals (CDR) market and working toward becoming a global leader in the potentially trillion-dollar sector.

Key Points: 
  • Led by the World Economic Forum and the U.S. Department of State, the FMC is currently focused on addressing eight hard to abate industries, which are currently responsible for 30% of global emissions, such as shipping and aviation.
  • Drax will join the Carbon Dioxide Removals group, comprised of businesses with commitments to purchase durable and scalable carbon removals from solutions such as Bioenergy with Carbon Capture and Storage (BECCS) , a vital new technology, in which Drax is a pioneer.
  • "We welcome the opportunity to join the World Economic Forum in their efforts developing early markets for innovative technologies like BECCS."
  • "We are thrilled to welcome Drax to the First Movers Coalition and look forward to working alongside the company to drive the acceleration of the global carbon removals market," said Nancy Gillis, Program Head of the First Movers Coalition at the World Economic Forum.

Enviva Reports 2Q 2023 Results and Provides Progress Update on Cost and Productivity Improvement Initiatives

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Mercredi, août 2, 2023
Automotive, Forest Products, Other Energy, Agriculture, Natural Resources, Green Technology, Alternative Vehicles, Fuels, Alternative Energy, Environment, Energy, Sustainability, Carbon, Metric, European Union Emissions Trading System, EPC, EU Council, GAAP, Wood, Forest management, Federation, Acquisition, Investment, Tornado, EU ETS, European, Heat, BECCS, RED, Maintenance, NCV, Language, Organization, Coal, Growth, Biomass, Net, Public policy, Government, Engineering, Natural gas, European Parliament, Webcast, Hand, Enviva, Minister, Wind, Public expenditure, Plant, EBITDA, Bioenergy with carbon capture and storage, Renewable energy, DAP, Security (finance), Video game, Pharmaceutical industry, Engineered wood, Fine chemical, Bond, EU

As a result, Greenwood is on a path to reach its target production level and cost position during fourth-quarter 2023.

Key Points: 
  • As a result, Greenwood is on a path to reach its target production level and cost position during fourth-quarter 2023.
  • Enviva continues to advance cost-reduction and productivity initiatives designed to improve the financial and operating performance of its fully contracted assets.
  • During second-quarter 2023, management was able to reduce DAP cost by approximately $3 per MT as compared to first-quarter 2023, and reduced DAP cost by $9 per MT from first-quarter 2023 to June 2023.
  • Enviva will host a webcast and conference call on Thursday, August 3, 2023 at 10:00 a.m. Eastern Time to discuss second-quarter results and the Company’s outlook.

Babcock & Wilcox Awarded Contract to Study Bioenergy with Carbon Capture and Storage (BECCS) Conversion for Coal Power Plant in Michigan

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Mercredi, juillet 26, 2023
Environment, Climate Change, Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Green Technology, Energy, Carbon, U.S. Department of Energy, Office of Inspector General, BW, Sale, Creativity, NYSE, BECCS, Bioenergy with carbon capture and storage, CMS Energy, Biomass, Greenhouse, CO2, Babcock & Wilcox, Renewable energy, Primary energy

Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has been awarded a contract by NorthStar Clean Energy to conduct a Bioenergy with Carbon Capture and Storage (BECCS) engineering study to convert a coal-fired power plant in Michigan to use biomass fuel and retrofit the plant with B&W’s SolveBright™ carbon dioxide (CO2) capture process.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has been awarded a contract by NorthStar Clean Energy to conduct a Bioenergy with Carbon Capture and Storage (BECCS) engineering study to convert a coal-fired power plant in Michigan to use biomass fuel and retrofit the plant with B&W’s SolveBright™ carbon dioxide (CO2) capture process.
  • Babcock & Wilcox Construction Co., LLC, will manage construction and mechanical scope of the study and commercial phase.
  • “The Filer City carbon capture project is a prime example of how we can use innovation to make that happen.
  • When the biomass and carbon capture conversion is complete, TES Filer City Station will be able to provide power to more than 70,000 homes while producing net-negative CO2 emissions.

Drax Selects Houston, Texas as Headquarters for Bioenergy Carbon Capture Business

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Mercredi, mai 24, 2023
Carbon, Bioenergy, Electricity, Greater Houston Partnership, Energy transition, Bioenergy with carbon capture and storage, Drax, SVP, BECCS, Film industry, Renewable energy

MONROE, La., May 24, 2023 /PRNewswire/ -- Drax today announced it will establish its North American headquarters for Bioenergy with Carbon Capture and Storage (BECCS) in Houston, Texas. The new office will serve as the hub for Drax's team focused on bringing BECCS projects to fruition throughout the United States and Canada.

Key Points: 
  • MONROE, La., May 24, 2023 /PRNewswire/ -- Drax today announced it will establish its North American headquarters for Bioenergy with Carbon Capture and Storage (BECCS) in Houston, Texas.
  • BECCS is the only technology that can deliver reliable, dispatchable renewable power while permanently removing millions of tons of carbon dioxide from the atmosphere.
  • Drax continues to evaluate 9 further sites in North America, creating a pipeline of development opportunities into the 2030s.
  • Drax's office in Monroe, Louisiana will remain the headquarters for its North America Pellet Operations, which also includes regional offices in Vancouver and Prince George, Canada.

Enviva Reports First-Quarter 2023 Results, Updates 2023 Guidance, Changes Capital Allocation Priorities, and Announces New Contract

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Jeudi, mai 4, 2023
Other Manufacturing, Environment, Other Energy, Sustainability, Alternative Energy, Manufacturing, Other Natural Resources, Energy, Forest Products, Natural Resources, Carbon, Agreement, Minister, Drinking water, European Union Emissions Trading System, Share repurchase, Atmosphere, EPC, EU Council, GAAP, Forest, Language, Public expenditure, Plant, Ontario Energy Board, Coal, EBITDA, Investment, Bioenergy with carbon capture and storage, EU ETS, Engineering, Natural gas, European, European Parliament, Webcast, Renewable energy, Growth, RED, Fund, Biomass, BECCS, Enviva, Fine chemical, Risk management, Forestry, Rail transport, Bond, EU

With the elimination of the dividend, management expects to retain approximately $1 billion in incremental cash flow during the period 2023 to 2026.

Key Points: 
  • With the elimination of the dividend, management expects to retain approximately $1 billion in incremental cash flow during the period 2023 to 2026.
  • This is the Company’s first authorization for share repurchases since its founding, and is of a lower capital allocation priority compared to maintaining conservative leverage metrics.
  • Today, Enviva announced a new 10-year, take-or-pay off-take contract with an existing investment-grade Japanese customer that is utilizing biomass in its power generating facilities.
  • Enviva will host a webcast and conference call on Thursday, May 4, 2023 at 10:00 a.m. Eastern Time to discuss first-quarter results and the Company’s outlook.

Patch Partners With EcoEngineers to Review Science, Develop MRV Approach for New Carbon Removal Technologies

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Mardi, février 21, 2023
Alternative Energy, Energy, Green Technology, Sustainability, Technology, Other Natural Resources, Environment, Environmental Issues, Environmental Health, Natural Resources, Other Technology, Science, Other Energy, Other Science, Research, Carbon, Creativity, Bioenergy with carbon capture and storage, Knowledge, BECCS, Registry, Partnership, MRV, GHG, Atmosphere, CO2, Mineral, Cryptocurrency, Patch

“EcoEngineers’ due diligence and science-based project evaluations and Patch’s digital marketplace, combined, offer a powerful accelerator of innovation in the carbon market,” said Shashi Menon, CEO, EcoEngineers.

Key Points: 
  • “EcoEngineers’ due diligence and science-based project evaluations and Patch’s digital marketplace, combined, offer a powerful accelerator of innovation in the carbon market,” said Shashi Menon, CEO, EcoEngineers.
  • New carbon removal technologies and innovative ideas often are challenged to establish a validated pathway within the marketplace for carbon credit generation and trading.
  • The combined effort of EcoEngineers and Patch offers these projects a one-stop-shop for access to carbon markets.
  • EcoEngineers offers the rigorous scientific protocol and the transparency that our customers expect within the Patch marketplace,” said Robert Ralph, Carbon Removal Partnerships Lead at Patch.

New IDTechEx Report Explores the Carbon Dioxide Removal (CDR) Market Potential

Retrieved on: 
Lundi, octobre 10, 2022
Carbon, Adoption, Bioenergy with carbon capture and storage, DACCS, Policy, IPCC, Paris, Climate, Carbon dioxide, Research, Investment, CDR, CO, NETS, Climate change, BECCS, Players, Carbon dioxide removal, Solution, Renewable energy

BOSTON, Oct. 10, 2022 /PRNewswire/ --The Carbon Dioxide Removal (CDR) sector has experienced growing corporate interest and swift development, with record investments over the past year in technologies that draw carbon dioxide (CO) from the atmosphere.

Key Points: 
  • BOSTON, Oct. 10, 2022 /PRNewswire/ --The Carbon Dioxide Removal (CDR) sector has experienced growing corporate interest and swift development, with record investments over the past year in technologies that draw carbon dioxide (CO) from the atmosphere.
  • The new IDTechEx report, " Carbon Dioxide Removal (CDR) Markets 2023-2040: Technologies, Players, and Forecasts ", analyzes the nascent CDR market, discussing the limitations and potential of Negative Emissions Technologies (NETs) to address climate change.
  • Shedding light on such questions, the latest IDTechEx report explores the diverse array of approaches to carbon removal being developed, from nature-based to engineered solutions, the latter including Direct Air Carbon Capture and Storage (DACCS) and Bioenergy with Carbon Capture and Storage (BECCS).
  • IDTechEx's analysis suggests that, with the proper incentives, the global Carbon Dioxide Removal capacity can exceed the gigatonne scale of CO removal by 2040, with multiple approaches that are modest today gaining significant market share in the coming years.

New IDTechEx Report Explores the Carbon Dioxide Removal (CDR) Market Potential

Retrieved on: 
Lundi, octobre 10, 2022
Carbon, Adoption, Bioenergy with carbon capture and storage, DACCS, Policy, IPCC, Paris, Climate, Carbon dioxide, Research, Investment, CDR, CO, NETS, Climate change, BECCS, Players, Carbon dioxide removal, Solution, Renewable energy

BOSTON, Oct. 10, 2022 /PRNewswire/ --The Carbon Dioxide Removal (CDR) sector has experienced growing corporate interest and swift development, with record investments over the past year in technologies that draw carbon dioxide (CO) from the atmosphere.

Key Points: 
  • BOSTON, Oct. 10, 2022 /PRNewswire/ --The Carbon Dioxide Removal (CDR) sector has experienced growing corporate interest and swift development, with record investments over the past year in technologies that draw carbon dioxide (CO) from the atmosphere.
  • The new IDTechEx report, " Carbon Dioxide Removal (CDR) Markets 2023-2040: Technologies, Players, and Forecasts ", analyzes the nascent CDR market, discussing the limitations and potential of Negative Emissions Technologies (NETs) to address climate change.
  • Shedding light on such questions, the latest IDTechEx report explores the diverse array of approaches to carbon removal being developed, from nature-based to engineered solutions, the latter including Direct Air Carbon Capture and Storage (DACCS) and Bioenergy with Carbon Capture and Storage (BECCS).
  • IDTechEx's analysis suggests that, with the proper incentives, the global Carbon Dioxide Removal capacity can exceed the gigatonne scale of CO removal by 2040, with multiple approaches that are modest today gaining significant market share in the coming years.

Medical Waste Disposal Equipment from California Plant Offered in Online Auction

Retrieved on: 
Mardi, septembre 6, 2022
Burns, CA, CEO, Media contacts database, View, Glass, Carbon, Sale, Tiger, Multimedia, Waste, Metal, Consumer electronics, Recycling, Bioenergy with carbon capture and storage

HESPERIA, Calif., Sept. 6, 2022 /PRNewswire/ -- A September 20 online auction by Tiger Group and Perry Videx features the remaining assets from Aemerge RedPak's former medical-waste treatment facility in Hesperia.

Key Points: 
  • This sale gives recycling and waste-disposal companies access to shredders, incinerators and other useful machinery and equipment at liquidation values.
  • "Opened in 2017, the plant destroyed and sterilized medical waste, converted it into clean energy and diverted up to 95 percent of treated waste from landfills," explained John Coelho , Senior Director, Tiger Commercial & Industrial.
  • "This relatively-new equipment continues to perform well and is available at a fraction of the original cost."
  • Bidding for the online auction opens on Tuesday, September 13, at 10:30 a.m. (PT), and closes on Tuesday, September 20, at 10:30 a.m. (PT).