Hydrogen is one way to reduce emissions when used in place of higher-emissions fossil fuel sources where feasible, but costs and infrastructure pose challenges.
CF Industries has reached a FID with JERA and Mitsui for an ammonia production facility in Louisiana. CF Industries sealed a deal with Occidental’s 1PointFive to capture and store CO2 from the facility.
Occidental Petroleum has secured permits from the Environmental Protection Agency to store CO2 at its Stratos DAC facility. Located in Texas, Stratos is designed to capture and store up to 500,000 metric tons of CO2 annually, Oxy says.
Billions of dollars in capex have been dedicated to hydrogen projects. But some projects have yet to reach final investment decisions amid continued uncertainty surrounding the Inflation Reduction Act and hydrogen production tax credits.
Hydrogen project developers ask themselves the famous ‘chicken or the egg’ conundrum as they lean on policy, incentives and technology to bridge cost gaps.
Here is a look at some of this week’s renewable energy news.
Stepping up power for data centers “is a phenomenal opportunity here that our industry has to take advantage of. We have to get this right,” the Hamm Institute for American Energy’s executive director Ann Bluntzer Pullin said.
Senators Lisa Murkowski of Alaska, John Curtis of Utah, Jerry Moran of Kansas and Thom Tillis of North Carolina are asking Congressional leadership to preserve energy tax credits included in the Biden-era Inflation Reduction Act.
Madison Gas and Electric and WEC Energy Group subsidiaries are purchasing solar and battery storage capacity from Wisconsin’s 300-MW High Noon Solar Energy Center.
Excelsior Renewable Energy Investment Fund II surpassed its original capital commitment target of $750 million.
Soluna Holdings’ data center project, called Project Hedy, will be developed in two 60-MW phases in Texas and co-located with a wind farm.
Hydrogen is one way to reduce emissions when used in place of higher-emissions fossil fuel sources where feasible, but costs and infrastructure pose challenges.
Electric Generating Public Co. is acquiring ownership interest in Apex Clean Energy’s Pinnacle II portfolio, which consists of two projects with a combined capacity of 251 megawatts.
CF Industries has reached a FID with JERA and Mitsui for an ammonia production facility in Louisiana. CF Industries sealed a deal with Occidental’s 1PointFive to capture and store CO2 from the facility.