FEED

Navajo Transitional Energy Company Awarded $6.55 Million by the U.S. Department of Energy for Carbon Capture Study at Four Corners Power Plant

Retrieved on: 
Thursday, September 12, 2024
White House, Federal Government, Alternative Energy, Energy, Public Policy, Other Policy Issues, Other Consumer, Other Natural Resources, Environment, Government, Environmental Health, Natural Resources, Native American, Other Energy, Consumer, Utilities, Carbon, Investment, FCPP, FEED, CCS, DOE, OCED, Private sector, NTEC, Carbon dioxide, Navajo Nation, CO2, Renewable energy

Navajo Transitional Energy Company (NTEC) is proud to announce that the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today awarded NTEC $6.55 million in funding for a Front End Engineering Design (FEED) study to evaluate the feasibility of adding carbon capture and storage (CCS) to Four Corners Power Plant (FCPP).

Key Points: 
  • Navajo Transitional Energy Company (NTEC) is proud to announce that the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today awarded NTEC $6.55 million in funding for a Front End Engineering Design (FEED) study to evaluate the feasibility of adding carbon capture and storage (CCS) to Four Corners Power Plant (FCPP).
  • Carbon capture would remove more than 95% of the carbon dioxide (CO2) emissions at the power plant.
  • The FEED study, expected to be completed in 2025, will evaluate the environmental, economic, and community impacts of equipping FCPP with carbon capture.
  • “Each year, Four Corners Power Plant and the Navajo Mine contribute more than 35% of the Navajo Nation’s total revenue and employ more than 500 Navajo tribal members.

Plug Signs Technical Evaluation Phase Contract for 25 MW of PEM Electrolyzers with Dourogás and CapWatt for 80,000 Ton Per Year Methanol Project

Retrieved on: 
Thursday, September 12, 2024
Proton, PEM, TEP, FEED, Methanol, FID, Proton-exchange membrane, Carbon dioxide, Plug, Biomass, Solar energy, CO2, Renewable energy

Similar to Plug’s BEDP offering, the TEP offering will focus on delivering critical insights and technical expertise to support customers with their successful project execution.

Key Points: 
  • Similar to Plug’s BEDP offering, the TEP offering will focus on delivering critical insights and technical expertise to support customers with their successful project execution.
  • Following a soft launch of this new engineering study and support offering, Plug is pleased to have secured a first TEP contract with H2DRIVEN.
  • The FEED process for the project will be led by collaborating closely with Plug to leverage its expertise in PEM technology.
  • Once the TEP is successfully executed, the H2DRIVEN project will proceed to the next phase of the project, the Final Investment Decision (FID).

PlasCred Circular Innovations Inc. Announces Commercial Scaling of PlasCred Primus, PlasCred Neos FEED Study Update and Q2 2024 Results

Retrieved on: 
Wednesday, September 11, 2024
Canadian National Railway, FEED, Environment, Front-end engineering, Transport, Palantir Technologies, Primus, Renewable energy

Calgary, Alberta--(Newsfile Corp. - September 11, 2024) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) (the "Company" or "PlasCred"), a transformative leader in the plastic waste upcycling sector, is pleased to announce an update on the PlasCred Neos facility and Q2 2024 results.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - September 11, 2024) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) (the "Company" or "PlasCred"), a transformative leader in the plastic waste upcycling sector, is pleased to announce an update on the PlasCred Neos facility and Q2 2024 results.
  • This achievement not only highlights our innovative approach but also sets a strong foundation for the next phase of our growth-the development of the PlasCred Neos facility.
  • The PlasCred Neos facility is poised to be a game-changer in the upcycling of plastic waste.
  • In collaboration with Grey Owl Engineering Ltd. ("GOE"), we have initiated a comprehensive Front-End Engineering Design ("FEED") study for the Neos facility.

Seven Companies Announce to Conduct Engineering Design Work for Japanese Advanced CCS (Carbon Capture and Storage) Project

Retrieved on: 
Wednesday, September 4, 2024
CO2, Education minister, Initiative, Taiheiyo Cement, Front-end loading, Itochu, Carbon, Metal, Engineering, INPEX, Taisei Corporation, Commercialization, CCS, Hydrogen, Nippon Steel, Ship, Availability, JOGMEC, The Work, Work, Ministry, FEED, Transport

To expedite social implementation of CCS, JOGMEC issued a public call for advanced CCS projects in 2023 with the goal of achieving the successful underground storage of domestically-emitted carbon dioxide (CO2) by FY2030.

Key Points: 
  • To expedite social implementation of CCS, JOGMEC issued a public call for advanced CCS projects in 2023 with the goal of achieving the successful underground storage of domestically-emitted carbon dioxide (CO2) by FY2030.
  • And the Initiative was selected as one of the first advanced CCS projects in Japan to be eligible for governmental support.
  • (3)
    The Work selected this time includes Front End Engineering Design (FEED) work relating to the separation, capture, ship transportation and storage of CO2 and appraisal drilling, as the next phase of the project.
  • (4) Overview of Request for Proposal on "Engineering Design for Japanese Advanced CCS Projects" in FY2024.

Babcock & Wilcox Awarded Front-End Engineering and Design Contract for Canada’s First Waste-to-Energy Plant with Carbon Capture and Sequestration

Retrieved on: 
Thursday, September 5, 2024
Environment, Other Energy, Engineering, Utilities, Oil, Gas, Coal, Alternative Energy, Manufacturing, Energy, Nuclear, FEED, B&W, Carbon, Babcock & Wilcox

Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has been awarded a contract to conduct front-end engineering and design (FEED) for Varme Energy Inc.’s (“Varme Energy”) planned waste-to-energy with carbon capture and sequestration project in Alberta, Canada.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has been awarded a contract to conduct front-end engineering and design (FEED) for Varme Energy Inc.’s (“Varme Energy”) planned waste-to-energy with carbon capture and sequestration project in Alberta, Canada.
  • As part of the contract, B&W will conduct engineering and design for the plant’s waste-fired boiler, emissions control technologies and post-combustion carbon capture system.
  • “This initial engineering contract is an important first step in what we anticipate will be an exciting, large-scale municipal waste-to-energy with carbon capture and sequestration project,” said B&W Chief Operating Officer Jimmy Morgan.
  • “With the signing of the front-end engineering and design contract, Varme Energy is pleased to partner with Babcock & Wilcox to advance the development of the first waste-to-energy with carbon capture and sequestration facility in Canada,” said Varme Energy Chief Operating Officer Wayne Carey.

Technip Energies to design groundbreaking low-carbon hydrogen facility for bp in the United Kingdom

Retrieved on: 
Tuesday, August 27, 2024
Carbon, NEP, Hydrogen, FEED, Economic development, Heat, Regeneration, EPCC, CO2, CCUS, EPC, BP, Construction, Technip Energies, Coal

The project is targeting 1.2 GW of low-carbon hydrogen production, which equates to more than 10% of the UK’s 2030 hydrogen production target.

Key Points: 
  • The project is targeting 1.2 GW of low-carbon hydrogen production, which equates to more than 10% of the UK’s 2030 hydrogen production target.
  • Technip Energies has been awarded the Front-End Engineering Design (FEED) contract by bp for the H2Teesside project in the North East of the United Kingdom.
  • As part of the FEED study, Technip Energies will deliver a comprehensive design utilising their in-house expertise and global best practices to design large scale project, integrating hydrogen and carbon capture technologies.
  • Mario Tommaselli, SVP Gas and Low Carbon Energies of Technip Energies commented: “Being selected for bp’s H2Teesside project highlights Technip Energies' proven experience in working as a technology integrator on large-scale projects.

A-List Celebrities, Renowned Content Creators, Food Network Stars and 250 of New York’s Greatest Chefs Take Center Stage in Brooklyn at the Food Network New York City Wine & Food Festival presented by Invesco QQQ

Retrieved on: 
Monday, August 19, 2024
TV and Radio, Wine & Spirits, Philanthropy, General Entertainment, Food, Beverage, Entertainment, Celebrity, Other Philanthropy, Retail, Fund Raising, Restaurant, Bar, Yee, Music, Brooklyn Bridge Park, Travel, Conditional sentence, Life, Health, AIDS, Theodora, EAT, Television, Top Chef, Education, Senior counsel, Tourism, Newsweek, Woman, Hip, Invesco, FEED, Love, Beretta, Diversity, Gin and Juice, Wine, Social media, Jon Fratelli, Volunteering, Ace Hotel, Heart, New Yorker, NYC Ferry, Tamron Hall, Brooklyn Army Terminal, Caregiver, Nightclub

“This 17th year of NYCWFF marks a major turning point for the Festival,” said Founder and Director Lee Brian Schrager.

Key Points: 
  • “This 17th year of NYCWFF marks a major turning point for the Festival,” said Founder and Director Lee Brian Schrager.
  • ft. covered location at the Invesco QQQ Campus at Brooklyn Army Terminal.
  • The Food Network New York City Wine & Food Festival presented by Invesco QQQ is hosted by God’s Love We Deliver with 100% of the Festival’s net proceeds supporting New Yorkers facing severe illness.
  • BizBash has named the Festival the #1 Food & Restaurant Industry event in New York for 10 years in a row.

Heidelberg Materials Finalizes Award Contract with U.S. DOE for Mitchell, Indiana, Cement Plant Industrial Demonstrations Program Funding

Retrieved on: 
Wednesday, August 14, 2024
FEED, OCED, Carbon, Ward, CCUS, CO2, DOE, IDP, Renewable energy

Following negotiations, OCED awarded the Mitchell Cement Plant Decarbonization Project as part of its Industrial Demonstrations Program (IDP) with $300,000 to begin Phase 1 of the project.

Key Points: 
  • Following negotiations, OCED awarded the Mitchell Cement Plant Decarbonization Project as part of its Industrial Demonstrations Program (IDP) with $300,000 to begin Phase 1 of the project.
  • Participating in substantial cost share that will leverage up to $500 million in DOE project funding, Heidelberg Materials’ award is part of OCED’s Industrial Demonstrations Program providing up to $6 billion in funding to demonstrate commercial-scale decarbonization solutions needed to move energy-intensive industries toward net-zero across the U.S.
  • The proposed project for this funding award will capture, treat and prepare for storage or use, approximately 2 million metric tons of CO2 each year from the cement plant.
  • Heidelberg Materials is committed to leading the cement industry in developing viable carbon capture projects, which are essential to achieving the company’s ambitious sustainability goals.

Verde Clean Fuels, Inc. Reports Second Quarter 2024 Results

Retrieved on: 
Tuesday, August 13, 2024
Alternative Energy, Energy, Oil, Gas, Permian, FEED, Natural gas, GAAP, LCFS, Fuel pump, Gasoline, Carbon, Diamondback Energy, D3, Research

Verde Clean Fuels, Inc. (“Verde” or the “Company”) (Nasdaq: VGAS), a renewable energy company focused on the development of commercial production facilities to convert syngas derived from diverse feedstocks into gasoline, today reported second quarter 2024 GAAP diluted net loss per share of $(0.14).

Key Points: 
  • Verde Clean Fuels, Inc. (“Verde” or the “Company”) (Nasdaq: VGAS), a renewable energy company focused on the development of commercial production facilities to convert syngas derived from diverse feedstocks into gasoline, today reported second quarter 2024 GAAP diluted net loss per share of $(0.14).
  • The second quarter 2024 consolidated net loss was $2.8 million, of which $0.9 million was attributable to Verde.
  • The Company ended the second quarter with $23.2 million of cash and cash equivalents.
  • Verde is in preliminary discussions with various potential offtake parties with respect to carbon credits and gasoline.

NET Power Reports Second Quarter 2024 Results and Provides Business Update

Retrieved on: 
Monday, August 12, 2024
Alternative Energy, Energy, Utilities, Oil, Gas, Permian, MISO, CO2, Public expenditure, FEED, Investment, NET, EPC, EPA, Economics, OP1, CAISO, AESO

NET Power Inc. (NYSE: NPWR) (“NET Power” or the “Company”) today reported results for the second quarter of 2024.

Key Points: 
  • NET Power Inc. (NYSE: NPWR) (“NET Power” or the “Company”) today reported results for the second quarter of 2024.
  • Danny Rice, Chief Executive Officer of NET Power, commented, “The team excelled through another busy quarter.
  • The Company ended the second quarter of 2024 with approximately $609 million of total cash, cash equivalents and investments, as compared to approximately $626 million in the first quarter of 2024.
  • NET Power will host a conference call to discuss second quarter 2024 financial results beginning at 8:30 AM ET on Tuesday, August 13.