CCUS

Accelerating forward Thailand’s cement roadmap, Dr. Chana Poomee, TCMA Chairman, is set to strengthen tie with global green funds boosting Thai industry competitiveness and effort to achieve the Net Zero 2050

Retrieved on: 
Wednesday, April 10, 2024
Carbon, COP27, Research, BCG, Failure, Health, Climate change, Waste management, Learning, Fuel pump, Finance, UNFCCC, Partnership, GHG, GCCA, Economic development, Policy, IPPU, Refuse-derived fuel, 3R, RDF, Agriculture, Mineral, News, LULUCF, COP28, Tourism, Ecosystem, Forestry, CCUS, Federation, Government, Mining, Development, Renewable energy

Dr. Chana Poomee, along with the TCMA Board, outlined the long-term direction of TCMA, which is a collaboration nexus of leading Thai cement producers.

Key Points: 
  • Dr. Chana Poomee, along with the TCMA Board, outlined the long-term direction of TCMA, which is a collaboration nexus of leading Thai cement producers.
  • TCMA, over the next two years, 2024-2026 will accelerate its efforts to join forces with all sectors to achieve the key missions in four areas:
    1.
  • Accelerating the expansion of maximize resource-efficiency mining practices according to the Minerals Act B.E.
  • TCMA, with this action aims to reduce greenhouse gas emissions not less than 6.9 million tons of carbon dioxide in 2030.

Four PCA Member Companies Awarded More Than $1 Billion from U.S. DOE

Retrieved on: 
Monday, March 25, 2024
Carbon, Atmosphere, Certification, IRA, GHG, Education, Hope, PCA, Joe Biden, Plant, Mining, CO2, Biomass, CCUS, Limestone Calcined Clay Cement, Administration, Inflation, Government, Legislation, Portland Cement Association

Washington, D.C., March 25, 2024 (GLOBE NEWSWIRE) -- Today the U.S. Department of Energy announced potentially more than $1.2 billion in funding for four Portland Cement Association (PCA) member companies to launch revolutionary decarbonization projects.

Key Points: 
  • Washington, D.C., March 25, 2024 (GLOBE NEWSWIRE) -- Today the U.S. Department of Energy announced potentially more than $1.2 billion in funding for four Portland Cement Association (PCA) member companies to launch revolutionary decarbonization projects.
  • In all, the Administration awarded $6 billion to hard-to-abate industries, with the hope of transforming America’s industrial sector to strengthen domestic manufacturing and significantly cut GHG emissions.
  • “This funding is a welcome acknowledgement from the government that America’s cement manufacturers are taking ambitious and significant steps toward reaching carbon neutrality,” said Mike Ireland, PCA President and CEO.
  • “PCA is committed to continuing to work with policymakers to ensure the regulatory environment facilitates rather than impedes these and future investments.”

Expro Report Highlights Progress Unlocking Energy Answers of Tomorrow

Retrieved on: 
Monday, April 8, 2024
Energy, Utilities, Oil, Gas, Carbon, 8-K, Climate change, Growth, Greenhouse gas, Safety, Carbon accounting, Partnership, Form, ESG, Communication, Security (finance), Risk, Marketing, CCUS, Multimedia, Workplace, Teaching, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20240408728712/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240408728712/en/
    Headshot of Mike Jardon, Chief Executive Officer of Expro.
  • Mike Jardon, Chief Executive Officer of Expro, said: “In an ever-evolving energy landscape, Expro remains steadfast in our commitment to driving positive change.
  • Advancing the Expro Portfolio with Sustainable Energy Solutions: Expro took large strides forward in its work within the areas of Geothermal and CCUS, adapting the company’s solutions across three emerging markets.
  • For more information, please visit: www.expro.com and connect with Expro on X (formerly Twitter) @ExproGroup and LinkedIn @Expro.

Strategic Biofuels Announces Strategic Investment from Magnolia Sustainable Energy Partners

Retrieved on: 
Tuesday, April 9, 2024
Carbon, Sumitomo Group, Partnership, LGF, JX, CCS, Biofuel, Utilization, Forestry, CCUS, SAF, Renewable energy

COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels, a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX). The investment from M-SEP will be used to further advance the company's flagship Louisiana Green Fuels (LGF) project, an ultra-low carbon negative SAF plant located in Caldwell Parish, Louisiana.

Key Points: 
  • COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels , a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX).
  • "It's an honor to work with Strategic Biofuels and SCOA, who possess remarkable technical, project management, business, and financing expertise and leadership to help us achieve our goals."
  • We continue to support creating strategic partnership with Japanese strategic investors through M-SEP"
    In February, SCOA announced a major investment commitment to Strategic Biofuels' LGF project, revealing that it will help the project reach a Financial Investment Decision and commencement of construction in early 2025.
  • At the same time, Strategic Biofuels announced that it would be shifting its primary renewable fuel product to SAF.

U.S. DOE Selects Heidelberg Materials’ New Cement Plant in Mitchell, Indiana for Industrial Demonstrations Program Funding

Retrieved on: 
Monday, March 25, 2024
FEED, OCED, IDP, Steel, History, Carbon, Glass, Investment, CO2, Energy, CCUS, Ward, Paper, DOE, Total, Renewable energy

The purpose of this project is to advance the integration of full-scale carbon capture, transport, and storage at the new state-of-the-art cement plant in Mitchell, Indiana.

Key Points: 
  • The purpose of this project is to advance the integration of full-scale carbon capture, transport, and storage at the new state-of-the-art cement plant in Mitchell, Indiana.
  • The funding will build on prior funding that has been awarded by the DOE toward successfully completing the Front-End Engineering and Design (FEED) work necessary to verify the project’s technical feasibility.
  • The application was submitted in 2023, and Heidelberg Materials will participate in substantial cost share that will leverage up to $500M in DOE project funding.
  • “Thanks to President Biden’s industrial strategy, DOE is making the largest investment in industrial decarbonization in the history of the United States.

Technip Energies and GE Vernova Advance the UK’s Transition to Net-Zero with one of the World’s First Commercial Scale Gas-Fired Power and Carbon Capture Projects

Retrieved on: 
Friday, March 15, 2024
Carbon, Electricity, NZT, CCA, Natural gas, Shell, Letter, Heat recovery steam generator, Carbon capture, Consortium, HRSG, CO2, Technip Energies, Energy, BP, CCUS, General Electric, Government, State, Power, Renewable energy

This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year.

Key Points: 
  • This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year.
  • The Technip Energies and GE Vernova consortium, supported by leading infrastructure group Balfour Beatty, will play an important role constructing a highly efficient combined cycle plant.
  • Technip Energies , GE Vernova , and Balfour Beatty , supported by Shell in the UK are forming the Carbon Capture Alliance (CCA).
  • It’s a significant milestone in delivering the critical infrastructure needed to transition the UK to Net Zero.

1PointFive and AT&T Announce Direct Air Capture Carbon Removal Agreement

Retrieved on: 
Wednesday, March 13, 2024
Direct air capture, Climate change, Organization, CDR, CCI, Carbon, CO2, DAC, AT&T, CCUS, AVP, Renewable energy

HOUSTON, March 13, 2024 (GLOBE NEWSWIRE) -- 1PointFive , a carbon capture, utilization and sequestration (CCUS) company, today announced that AT&T has agreed to purchase carbon dioxide removal (CDR) credits from STRATOS, 1PointFive’s first large-scale Direct Air Capture (DAC) facility that is currently under construction in Texas.

Key Points: 
  • HOUSTON, March 13, 2024 (GLOBE NEWSWIRE) -- 1PointFive , a carbon capture, utilization and sequestration (CCUS) company, today announced that AT&T has agreed to purchase carbon dioxide removal (CDR) credits from STRATOS, 1PointFive’s first large-scale Direct Air Capture (DAC) facility that is currently under construction in Texas.
  • The purchase, announced today, is a part of AT&T’s commitment to reduce carbon emissions and become carbon neutral in its global operations by 2035.
  • Under the agreement with AT&T, the captured CO2 underlying the removal credits will be stored through durable saline sequestration.
  • “AT&T’s carbon removal credit purchase is another proof point of the vital role that Direct Air Capture can play in providing a high-integrity and durable solution to help organizations address their emissions,” said Michael Avery, President and General Manager of 1PointFive.

Chevron Invests in Carbon Capture and Removal Technology Company, ION Clean Energy

Retrieved on: 
Thursday, April 4, 2024
Environment, Chemicals, Plastics, Environmental Health, Oil, Gas, Manufacturing, Alternative Energy, Sustainability, Green Technology, Energy, CNE, LLP, Carbon, CO2, CCUS, Primary energy, ION, Greens and Left Alliance

Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy (ION), a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.

Key Points: 
  • Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy (ION), a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.
  • The capital raised will continue to fund ION’s organizational growth and commercial deployment of its ICE-31 liquid amine carbon capture technology for hard-to-abate emissions.
  • We believe collaborations like this are essential to our efforts to grow carbon capture on a global scale.”
    “We have truly special solvent technology.
  • “This capital allows us to accelerate the commercial deployment of our carbon capture technology.”
    This investment in ION expands Chevron’s technology portfolio to include conventional amine-based capture technology while complementing an existing portfolio of CCUS technologies.

ION Clean Energy Announces $45 Million Investment from Chevron New Energies and Carbon Direct Capital and Leadership Transition

Retrieved on: 
Thursday, April 4, 2024
Utilities, Oil, Gas, Mining, Minerals, Environmental Health, Alternative Energy, Forest Products, Energy, Natural Resources, Environment, Steel, Green Technology, Chemicals, Plastics, Manufacturing, Carbon, CNE, LLP, Investment, CCUS, Primary energy, ION, EPC

ION Clean Energy (ION) announces it has raised $45 million from Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., who is leading the round, and Carbon Direct Capital.

Key Points: 
  • ION Clean Energy (ION) announces it has raised $45 million from Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., who is leading the round, and Carbon Direct Capital.
  • ION is a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.
  • The capital raised will continue to fund ION’s organizational growth and commercial deployment of its ICE-31 liquid amine carbon capture technology for hard-to-abate emissions.
  • “This capital allows us to accelerate the commercial deployment of our carbon capture technology.”
    CIBC Capital Markets served as the exclusive financial advisor to ION for the raise.

Aviation and Maritime Sectors Confront Decarbonization Hurdles with Progressive Energy Transition Technologies - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024
Environment, Green Technology, Logistics, Supply Chain Management, Environmental Policy, Environmental Issues, Environmental Health, Other Transport, Other Manufacturing, Trucking, Alternative Vehicles, Fuels, Maritime, Air, Transport, Chemicals, Plastics, Other Technology, Aerospace, Manufacturing, Climate Change, Sustainability, Technology, Alternative Energy, Energy, Automotive, Retail, Hydrogen, Carbon, CCUS, Aircraft, Climate change, Aviation, Hand, Hope, Universities Canada, Renewable energy

The urgent push for decarbonization in the heavily emitting aviation and maritime industries has given rise to a concerted focus on transitioning to cleaner energy sources.

Key Points: 
  • The urgent push for decarbonization in the heavily emitting aviation and maritime industries has given rise to a concerted focus on transitioning to cleaner energy sources.
  • This global challenge has seen significant strides with the implementation of cutting-edge energy transition technologies.
  • Hydrogen fuel and Carbon Capture, Utilization, and Storage (CCUS) technologies each play a pivotal role in the envisioned decarbonization of aviation and maritime operations.
  • Through an in-depth assessment, the report sheds light on the suitability of various energy transition technologies for different operational use-cases within aviation and maritime.