Emissions reduction

Global Carbon Capture and Storage Market Research Report 2021: Lucrative Growth Owing to Stringent Regulatory Standards Regarding Environment Conservation

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Friday, July 9, 2021

The Global Carbon Capture and Storage Market was valued at USD 1551.75 Million in the year 2020.

Key Points: 
  • The Global Carbon Capture and Storage Market was valued at USD 1551.75 Million in the year 2020.
  • And in order to maintain temperatures, carbon capture and storage (CCS) and carbon capture, utilisation, and storage (CCUS) are considered the most important emissions reduction factor after electrification and renewables to achieve net carbon neutrality.
  • The global Carbon Capture and Storage market is witnessing lucrative growth owing to stringent regulatory standards regarding environment conservation, supportive government policies on energy conservation, as well as growing consumer awareness about product quality.
  • America region holds the major Carbon Capture and Storage market share and is also projected to be a rapidly growing region during the forecast period.

Aker Carbon Capture and Carbfix to Explore CCS at Elkem Iceland's Grundartangi Plant

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Friday, July 9, 2021

OSLO, Norway, July 9, 2021 /PRNewswire/ -- Norway's Aker Carbon Capture has joined forces with Carbfix and Elkem Iceland in the groundbreaking work of reducing CO2 emissions of Elkem Iceland's ferrosilicon plant through carbon capture and mineral storage in basalt structures.

Key Points: 
  • OSLO, Norway, July 9, 2021 /PRNewswire/ -- Norway's Aker Carbon Capture has joined forces with Carbfix and Elkem Iceland in the groundbreaking work of reducing CO2 emissions of Elkem Iceland's ferrosilicon plant through carbon capture and mineral storage in basalt structures.
  • "We are excited to further strengthening our partnership with Aker Carbon Capture by introducing their CO2 capture technology into the scope of the planned CO2 mineral storage at Elkem's ferrosilicon plant in Iceland,"says Edda Sif Pind Aradttir, Carbfix's CEO.
  • Aker Carbon Capture is an industry leader in carbon capture and has delivered a separate feasibility study for the establishment of carbon capture at Elkem's Norwegian smelters to support the company's long-term goal of achieving carbon-neutral metal production.
  • "By applying Aker Carbon Capture's HSE-friendly solutions with Carbfix' proven solution for CO2 storage, companies like Elkem can reduce CO2 emissions in a cost-effective manner," said Valborg Lundegaard, CEO of Aker Carbon Capture.

Aker Carbon Capture and Carbfix to Offer Full Value Chain CCS

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Friday, July 9, 2021

OSLO, Norway, July 9, 2021 /PRNewswire/ -- Aker Carbon Capture of Norway and Iceland's Carbfix have established a partnership aimed at combining the companies' complementary technologies to offer the full CCS value chain in the global fight against climate change.

Key Points: 
  • OSLO, Norway, July 9, 2021 /PRNewswire/ -- Aker Carbon Capture of Norway and Iceland's Carbfix have established a partnership aimed at combining the companies' complementary technologies to offer the full CCS value chain in the global fight against climate change.
  • The two Nordic industry front-runners have signed a Memorandum of Understanding to collaborate on cost-efficient carbon capture and storage solutions that will accelerate carbon removals.
  • "Carbfix's proven solution for CO2 storage is a perfect match for our HSE-friendly capture technology," said Valborg Lundegaard, Chief Executive Officer of Aker Carbon Capture.
  • "Together, we can offer industrial emitters the whole CCS value chain, capturing CO2 and permanently storing it by turning it into stone underground."

Global Carbon Capture and Storage Markets, 2016-2020 & 2021-2026: Analysis By Technology Application, End User, Region - ResearchAndMarkets.com

Retrieved on: 
Friday, July 9, 2021

3 Carbon Capture and Storage Market: Product Overview

Key Points: 
  • 3 Carbon Capture and Storage Market: Product Overview
    4 Carbon Capture and Storage Market: Sizing and Forecast
    5 Carbon Capture and Storage Market Segmentation, By Technology
    5 1 Global Carbon Capture and Storage Market: Segment Analysis
    5 2 Competitive Scenario of Global Carbon Capture and Storage Market: By Technology (2020 & 2026)
    6 Carbon Capture and Storage Market Segmentation, By Application
    6 1 Global Carbon Capture and Storage Market: Segment Analysis
    6 2 Competitive Scenario of Global Carbon Capture and Storage Market: By Application (2020 & 2026)
    7 Carbon Capture and Storage Market Segmentation, By End User
    7 1 Global Carbon Capture and Storage Market: Segment Analysis
    7 2 Competitive Scenario of Global Carbon Capture and Storage Market: By End User (2020 & 2026)
    8 Global Carbon Capture and Storage Market: Regional Analysis
    8 1 Competitive Scenario of Global Carbon Capture and Storage Market: By Region (2020 & 2026)
    9 Americas Carbon Capture and Storage Market: An Analysis (2016-2026)
    10 Europe Carbon Capture and Storage Market: An Analysis (2016-2026)
    11 APAC Carbon Capture and Storage Market: An Analysis (2016-2026)
    15 Company Profiles (Business Description, Financial Analysis, Business Strategy)

Building a Better, Decarbonized World Means Improving Energy Efficiency in all Buildings, New and Old

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Thursday, July 8, 2021

This starts with raising our standards and working to ensure that the solutions we deploy are energy efficient, open, interoperable, and future proof.

Key Points: 
  • This starts with raising our standards and working to ensure that the solutions we deploy are energy efficient, open, interoperable, and future proof.
  • We know that today, Schneider Electric estimates that 82 per cent of the potential means to reduce energy waste in buildings alone remains untapped.
  • By 2035, the International Energy Agency (IEA) estimates that US$550-billion will be invested per year in energy efficiency solutions.
  • Schneider's purpose is toempower all to make the most of our energy and resources, bridging progress and sustainabilityfor all.

China-Canada Collaboration on CO2 Capture for Cement

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Thursday, July 8, 2021

The project will be built and piloted on a carbon capture system that utilizes the post combustion flue gas from a producing cement kiln.

Key Points: 
  • The project will be built and piloted on a carbon capture system that utilizes the post combustion flue gas from a producing cement kiln.
  • The Knowledge Centre will have an observer role to learn and gain insight on the characteristics of a cement kiln operation and its integration with a post combustion carbon capture system.
  • - Conway Nelson, VP Strategy & Stakeholder Relations, International CCS Knowledge Centre
    The cement industry could only achieve carbon neutrality by carbon capture approaches.
  • Chinas cement industry is estimated about 1.2 Gt of CO2 emissions to their national GHG emissions, annually.

Online Cycling Community Welcomes and Seeks Additional Industry Experts

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Thursday, July 8, 2021

LONGMONT, Colo., July 8, 2021 /PRNewswire/ -- 10 Buck Bike Club, LLCan online community by cyclists, for cyclistswelcomes its first group of cycling industry experts and seeks additional experts for its cycling topic-focused groups.

Key Points: 
  • LONGMONT, Colo., July 8, 2021 /PRNewswire/ -- 10 Buck Bike Club, LLCan online community by cyclists, for cyclistswelcomes its first group of cycling industry experts and seeks additional experts for its cycling topic-focused groups.
  • We wanted to create easy access to expertise and resources within our community to help members grow their cycling understanding and skills.
  • I'm blown away by this initial group of experts who are volunteering their time to the community," says Rick Zwetsch, 10 Buck Bike Club co-founder.
  • 10 Buck Bike Club also seeks experts for groups focused on bike repair, bike touring, bicycles & components, gear & accessories, indoor/virtual cycling, technology, and/or for new groups that experts think would benefit the community.

Rising demand for 'green' metals renews growth optimism for Canadian mining companies

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Thursday, July 8, 2021

ESG, sustainability, and innovation key to growth prospects, KPMG in Canada report finds

Key Points: 
  • ESG, sustainability, and innovation key to growth prospects, KPMG in Canada report finds
    TORONTO, July 8, 2021 /CNW/ - Rising demand for 'green' metals as the world transitions to clean energy is contributing to renewed optimism in the growth prospects for Canada's mining industry, finds a new KPMG in Canada report, Risk and Opportunities for Canadian miners .
  • Demand for lithium used in batteries, for example, including electric vehicles , is expected to expand by a factor of 30 by 2030, according to the International Energy Agency.
  • "The outlook for the mining industry is extremely positive," says Heather Cheeseman, partner and Toronto mining leader, KPMG in Canada.
  • ESG now dominate boardroom conversations in every mining company, and mining leaders overwhelmingly agree this is a top priority."

Fifteen-Year-Old Cycles All National Parks in California in Seven Months for Inclusive Cycling Charities

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Thursday, July 8, 2021

His rides through the national parks have taken him across 363 miles of national park roads over 13 days with 32,370 feet of elevation gain.

Key Points: 
  • His rides through the national parks have taken him across 363 miles of national park roads over 13 days with 32,370 feet of elevation gain.
  • I hope that through this effort, I can raise awareness that unique people can do uniquely strong things, says Felten.
  • I feel seen by my selected charities Team California Juniors and VeloYouth.
  • Felten rides for cycling charities Team California Juniors and VeloYouth because they have empowered him both on and off the bike.

Verdagy completes spin-out, names CEO, launches with novel electrochemical cell for green hydrogen production, and signs LOI with industry leader Permascand for rapid commercialization

Retrieved on: 
Wednesday, July 7, 2021

Dr. Gilliam said: "The Verdagy technology provides the needed breakthrough in capital cost and operating cost reductions to make green hydrogen a reality.

Key Points: 
  • Dr. Gilliam said: "The Verdagy technology provides the needed breakthrough in capital cost and operating cost reductions to make green hydrogen a reality.
  • His decades of scale-up experience at Ballard, SunPower and Flex will insure Verdagy is successful at rapidly commercializing the technology."
  • Prominent investor and Silicon Valley pioneer Vinod Khosla said: "We have reviewed many green hydrogen production technologies.
  • Furthering the scale-up efforts, Verdagy and Permascand are pleased to announce they have signed a Letter of Intent (LOI) for the development of a novel electrochemical cell to produce green hydrogen.