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Aemetis CCS Plan Feasibility Confirmed (Ind. Report)
Aemetis
Date: 2021-08-20
A new carbon capture and sequestration (CCS) study by Baker Hughes, commissioned by renewable natural gas (RNG) and renewable fuels specialist Aemetis subsidiary Aemetis Carbon Capture has concluded that more than 2 million metric tpy of CO2 can be removed from the atmosphere and safely stored the earth at two Aemetis ethanol plant sites in California.

The Baker Hughes study estimated that 1.0 million mtpy CO2 can be sequestered in the saline formations located deep underground at or near the Aemetis Keyes ethanol plant site. The study also noted that up to 1.4 million mtpy of CO2 should be injectable at or near the Aemetis Riverbank site. Once complete, the Aemetis Carbon Capture CCS project is expected to capture and sequester more than 2 million mtpy of CO2 at the two Aemetis biofuels plant sites in Keyes and Riverbank, California. Each MT of CO2 is planned to generate approximately $200 per MT from the California Low Carbon Fuel Standard and $50 per MT of IRS 45Q tax credit. Legislation is pending in Congress to increase the federal tax credit to $80 per MT of CO2 and to provide billions of dollars of grants and loans to finance CCS projects in the U.S., according to the release. (Source: Aemetis, PR, 18 Aug, 2021) Contact: Aemetis, Eric McAfee, CEO, (408) 213-0940, emcafee@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Aemetis,  CCS,  RNG,  


Baker Hughes Invests in Bio-methanation Tech. Electrochaea (M&A)
Baker Hughes , Electrochaea
Date: 2021-06-30
Houston-headquartered energy technology firm Baker Hughe is reporting an investment in Muncih-based Electrochaea, a growth stage bio-methanation technology company. Baker Hughes will take a roughly 15 pct stake in the company and enhance its broader carbon capture and utilization (CCU) portfolio and provide an integrated solution for customers across the CO2 value chain to enable the production of low carbon synthetic natural gas (SNG) from captured CO 2 and green hydrogen, helping meet demand for cleaner fuels.

Electrochaea's patented bio-methanation process is an accessible, highly-efficient, scalable and complementary technology to the Baker Hughes CCU portfolio. The two companies will join efforts to accelerate the scale up and industrialization of the technology, and they will develop the commercialization of an innovative integrated CCU solution to transform CO 2 emissions into clean SNG.

Electrochaea is planning to deploy its technology with partners to produce more than 15 billion cubic feet per year of renewable SNG by 2025. Industrial-scale pilot plants have operated in the U.S., Switzerland and Denmark, according to the company. (Source: BakerHughes, PR, 28 June, 2021) Contact: Baker Hughes, Jud Bailey, Inv. Rel., 281-809-9088, www.bakerhughes.com; Electrochaea, Mich Hein, CEO, www.electrochaea.com

More Low-Carbon Energy News Baker Hughes ,  Electrochaea,  synthetic natural gas,  Green hydrogen ,  


Baker Hughes, Borg CO2 Plan Norwegian CCS Hub (Int'l. Report)
Baker Hughes, Borg CO2
Date: 2021-06-23
Houston-headquartered energy technology firm Baker Hughes and Borg CO2 AS, a Norwegian carbon capture and storage (CCS) developer for industrial clusters, are reporting a MoU to collaborate on a carbon capture and storage (CCS) project to serve as a hub for the decarbonization of industrial sites in the Viken region of Norway.

The Borg CO2 project aims to capture and store up to 90 pct of the CO2 emissions from the Port of Borg and industrial facilities in the cities of Fredrikstad, Sarpborg and Halden which combined emit approximately 700,000 tpy of CO2 emissions. The captured CO2 will be liquified, shipped and eventually stored beneath the North Sea.

Borg CO2 and its partners have completed a first feasibility study and are proceeding with an extended feasibility study (pre-FEED) to be completed by the end of 2021 which Baker Hughes will support with its portfolio of carbon capture technologies and engineering services for the study and development of the hub. In addition, Baker Hughes and Borg CO2 will jointly evaluate the optimal structure for implementation of the carbon capture plants and pursue grant and incentive opportunities both in Norway and at the EU level. (Source: BakerHughes, Website PR, 22 June, 2021) Contact: BakerHughes, www.bakerhughes.com; Borg CO2 AS, Jon Hermansen, +47 948 13 171, jon@biobe.no, www.borgco2.no

More Low-Carbon Energy News Baker Hughes news,   Borg CO2 news,  CCS news,  


Baker Hughes, NOVATEK Partner to Cut Carbon Emissions (Int'l.)
NOVATEK, Baker Hughes
Date: 2021-02-01
Houston-headquartered energy technology firm Baker Hughes and Russian natural gas giant NOVATEK are reporting a cooperation agreement aimed at reducing carbon emissions from natural gas and liquefied natural gas (LNG) production.

The two companies will cooperate on the development and implementation of innovative compression and power generation technology solutions from Baker Hughes for NOVATEK's LNG projects, supporting NOVATEK's emissions reduction, raising efficiency and supporting long-term sustainability.

The agreement will begin with a pilot program to introduce hydrogen blends into the main process for natural gas liquefaction to reduce carbon dioxide emissions from LNG facilities, including NOVATEK's Yamal LNG complex.

Baker Hughes will provide engineering and turbomachinery equipment to convert existing natural gas liquefaction trains at Yamal LNG to run on hydrogen blends rather than solely run with methane from feed gas. (Source: Baker Hughes, PR, Feb., 2021) Contact: Baker Huighes, Jud Bailey, 281-809-9088, investor.relations@bakerhughes.com, www. bakerhughes.com; NOVATEK, www.novatek.ru

More Low-Carbon Energy News NOVATEK,  Baker Hughes,  LNG,  ,  Carbon Emissions,  LNG,  


Baker Hughes Acquiring Compact Carbon Capture (M&A, Int'l.)
Baker Hughes, Compact Carbon Capture
Date: 2020-11-04
Houston-headquartered energy technology company Baker Hughes is reporting an agreement to acquire Compact Carbon Capture (3C), a Norwegian technology development company specializing in carbon capture solutions. The deal includes all intellectual property, personnel and commercial agreements. Financial terms of the deal were not disclosed.

Compact Carbon Capture's technology uses rotating beds instead of static columns, effectively distributing solvents in a compact and modularized format enhancing the carbon capture process, resulting in up to 75 pct smaller footprint and lower capital expenditures. 3C's modular and scalable configuration can be easily deployed into existing brownfield applications and also be optimized for a wide range of capacity and applications, including offshore and industrial emitters. (Source: Baker Hughes, Website News Release, Nov., 2020) Contact: Baker Hughes, www.bakerhughes.com; Compact Carbon Capture, www.compactcarbon.no

More Low-Carbon Energy News Baker Hughes ,  Compact Carbon Capture ,  CCS,  

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