RWE, the UK’s leading electricity producer, is firmly committed to the decarbonization of energy by developing RWE’s ambitious carbon capture projects, aimed at reducing CO2 emissions, ensuring energy security and supporting the transition to cleaner energy. These initiatives demonstrate RWE’s commitment to a sustainable energy future.
Aker Carbon Capture wins a carbon capture project in Denmark, in partnership with Ørsted and Microsoft. This collaboration marks a significant step forward in the realization of a complete large-scale carbon capture and storage value chain.
Joe Biden’s administration announces a plan to reduce CO2 emissions from gas and coal plants starting in 2030. These measures represent the first restrictions imposed by the EPA on existing power plants and could prevent the emission of more than 600 million tons of carbon by 2042.
Developers of nature-based carbon projects in North America face the challenge of valuing co-benefits such as biodiversity enhancement and economic development in voluntary carbon markets.
Air Products, the world’s leading industrial gases company, is investing in the construction of two new carbon monoxide (CO) production plants in Texas, with a combined capacity of more than 70 million standard cubic feet per day. These facilities will strengthen the world’s largest CO pipeline system.
A fourth electric battery factory is planned in Dunkirk, France. The solid state batteries from this plant will provide longer range, increased safety, fewer fires and faster charge times than current lithium-ion batteries.
Shell is exiting the Northern Endurance Partnership (NEP) to focus on the Acorn CCS project in Scotland. BP and Equinor are the main partners in NEP, which aims to store up to 20 million tons of CO2 per year.
BP is acquiring a 40% stake in the Viking CCS project for carbon capture and storage, which is expected to meet one-third of the UK’s CCS targets by 2030, with a final investment decision expected in 2024.
HIF Global partners with Baker Hughes to test Mosaic DAC technology and accelerate deployment of direct air capture. This collaboration will produce carbon-neutral eFuels from green hydrogen and recycled CO2.
Denmark inaugurated on Wednesday an ambitious project to store CO2 under the North Sea to fight climate change. Although deemed necessary to limit CO2 in the atmosphere, this technology is costly and carries risks. Deciphering the “Greensand” project and its stakes.
