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Honeywell, UT-Austin Join on New Carbon Capture Technology

December 15, 2021

A leading company in the design of technology for a variety of industries is part of an effort to advance carbon capture from power plants, along with providing a solution to emissions of carbon dioxide (CO₂) from industrial facilities.

Honeywell, the Charlotte, N.C.-based conglomerate known for products from residential thermostats to advanced aerospace applications, on Dec. 15 announced a licensing agreement with the Texas Carbon Management Program Group (TxCMP) at the University of Texas-Austin. The groups are working on an advanced solvent technology that will capture CO₂ generated from combustion flue gases at coal-, natural gas-, and oil-fired power plants, as well as from steel and cement manufacturing sites and other industrial facilities.

“As the world proactively seeks technology solutions that limit greenhouse gas emissions, we recognize that carbon capture technology is an important lever available today to reduce emissions in carbon-intensive industries that have few alternative options, such as steel plants and fossil fuel power plants,” said Ben Owens, vice president and general manager, Honeywell Sustainable Technology Solutions.…

Enel CEO: ‘Please Put Price on Carbon’

October 5, 2021

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Coal Fired Power Plant with Wind Turbine

The head of Europe’s largest utility said countries need to put a price on carbon in order to cut emissions of greenhouse gases and meet climate targets. Francesco Starace, CEO of Italy-based Enel, speaking Oct. 5 at the Reuters Impact virtual summit, said the world’s larger economies need to lead on developing strategies and taking more action to reduce emissions to meet the targets set in the 2015 Paris agreement.

“Please put a price on carbon,” Starace said at the event, being held less than one month before the United Nations’ COP26 conference on climate change begins in Glasgow, Scotland. Many analysts agree that putting a price on carbon—be it via a tax, emissions trading system, or cap-and-trade strategy—is needed to lessen emissions from the power generation sector and help cleaner energy resources better compete financially with legacy generation such as coal- and natural gas-fired power.

The World Bank earlier this year reported that only about 20% of global emissions were involved in a carbon-pricing scheme, and said most of those prices were not high enough to achieve the Paris agreement’s target of a rise in global temperatures of less than 2C, or preferably just 1.5C, above pre-industrial levels.…

With Vogtle Completion in Sight, Southern Company Targets Net-Zero Carbon Emissions

May 31, 2020

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The post With Vogtle Completion in Sight, Southern Company Targets Net-Zero Carbon Emissions appeared first on POWER Magazine.

Fresh off the announcement that the final module for Vogtle Unit 3 was placed at the nuclear expansion project in Georgia, Southern Company said on May 27 that it was setting “a long-term greenhouse gas (GHG) emissions reduction goal of net-zero emissions by 2050.”

The announcement was made during Southern Company’s annual stockholders meeting, which was held as an online event this year due to the COVID-19 pandemic. The company also reaffirmed its intermediate goal of a 50% reduction of GHG emissions from 2007 levels by 2030.

“I continue to be confident that we are prepared and well-positioned to meet the needs of our customers, employees, communities and investors well into the future and will succeed in the transition to a net-zero carbon future,” Tom Fanning, chairman, president and CEO of Southern Company, said in a statement. “As always, we are committed to providing clean, safe, reliable and affordable energy to the customers we are privileged to serve.”…

ExxonMobil Extends Deal for Fuel Cell Carbon Capture Project

November 12, 2019

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The post ExxonMobil Extends Deal for Fuel Cell Carbon Capture Project appeared first on POWER Magazine.

ExxonMobil and FuelCell Energy announced a new joint-development agreement to enhance carbon capture fuel cell technology, as the groups work on a process to capture combustion exhaust from power plants and other industrial facilities.

The two-year deal, announced Nov. 6 and an extension of an earlier agreement, is aimed at optimizing core technology, process integration, and large-scale deployment of carbon capture. FuelCell Energy’s technology uses carbonate fuel cells to capture and concentrate carbon dioxide (CO₂), with the CO₂sent to the fuel cell. The fuel cell produces power and captures and concentrates the CO₂for storage.

“We have a great opportunity to scale and commercialize our unique carbon capture solution, one that captures about 90 percent of carbon dioxide from various exhaust streams, while generating additional power, unlike traditional carbon capture technologies which consume significant power,” FuelCell CEO Jason Few said in a statement.…

Carbon Capture Proposed to Save New Mexico Coal Plant

March 3, 2019

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The New York-based hedge fund aiming to take over New Mexico’s San Juan Generating Station (SJGS), targeted for closure by state lawmakers, wants to refit the 46-year-old, coal-fired plant to use carbon capture and sequestration (CCS) technology.

Acme Equities LLC said last week that retrofitting the 847-MW plant with CCS technology would cut carbon emissions by 90% and offer the plant another revenue stream—selling the captured CO₂to help produce oil. Acme is negotiating with local Farmington, N.M., officials to take over the San Juan plant, a major employer in the area, and keep it operating.

Injecting carbon dioxide into older oil fields has been done for years to encourage wells to continue producing oil.

But state lawmakers expressed doubts about the technology even as they pushed a bill (Senate Bill 489) that would close the plant by 2022, limit the financial hit to the plant’s current ownership, and preserve tax revenue for local schools.

Lawmakers wondered about the economic viability of the CCS technology during discussions March 2 with the state’s Senate Corporations and Transportation Committee.…

Nuclear Power, Carbon Capture Winners in New Budget Deal

February 11, 2018

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The budget bill passed by Congress and signed by President Trump in the early hours of February 9 extends a host of tax credits for energy technologies, including provisions to help the Vogtle nuclear expansion in Georgia as well as U.S. carbon-capture projects.

The legislation also provides support for renewable energy, including for small wind turbines and geothermal pumps. It also gave five-year tax credit extensions to small natural gas technologies, including combined heat-and-power (CHP) and microturbines, along with fuel cells.

The Senate version of the bill reportedly included proposals to boost offshore wind energy, energy storage, waste heat to power, and large-scale geothermal generation projects. None of those efforts survived in the House and are not included in the final legislation.

The bill also includes $ 2 billion to help with rebuilding the electricity grid in Puerto Rico, where about 30% of the island remains without power after hurricanes Irma and Maria battered the Caribbean last September. Those funds are part of $ 89 billion in disaster funding for U.S.…