Northern leaders state case for Green Industrial Revolution
Northern leaders have set out their case for a Green Industrial Revolution in the North that could create jobs, reduce energy bills and help tackle climate change.
Energy Central…
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Northern leaders have set out their case for a Green Industrial Revolution in the North that could create jobs, reduce energy bills and help tackle climate change.
Energy Central…
SoCalGas, North America’s largest gas distribution utility, has unveiled the Angeles Link, a proposed green hydrogen energy infrastructure system for Southern California that it says could be the largest of its kind in the nation.
The Angeles Link proposes to utilize between 25 GW and 35 GW of curtailed or new solar, wind, or battery output to power 10 GW to 20 GW of “advanced” electrolyzers and produce carbon-free hydrogen. The hydrogen would then be delivered—via a new hydrogen pipeline system spanning 200 miles to 750 miles—from outside the Los Angeles Basin to industrial consumers in California.
“The green hydrogen pipeline system, as envisioned, would deliver clean energy in an amount equal to almost 25% of the natural gas SoCalGas delivers today,” the Los Angeles–based utility said on Feb. 17.
The Angeles Link would primarily serve hard-to-electrify industries, such as dispatchable power generation, high-heat industries, and heavy-duty trucks. Notably, SoCalGas said the infrastructure project could allow four natural gas power plants to “reliably” transition to hydrogen, though it did not immediately specify which gas power plants the Angeles Link could supply. …
The post Chevron Exploring Equity Interest in Mitsubishi Power and Magnum Green Hydrogen Hub in Utah appeared first on POWER Magazine.
Chevron is poised to acquire an equity interest in the Advanced Clean Energy Storage project, a developing green hydrogen hub that could support more than 1 GW of electrolysis facilities and store 5,500 metric tonnes of their produced green hydrogen in salt caverns near Delta, Utah.
The integrated energy giant on Sept. 9 announced that it agreed, through its Chevron New Energies division, “on a framework” to acquire an equity interest in ACES Delta, a 2019-formed joint venture between Mitsubishi Power Americas and Magnum Development that owns the Advanced Clean Energy Storage project. Chevron, Magnum, and Mitsubishi Power are currently negotiating definitive documentation outlining Chevron’s participation in the joint venture.
The development is another notable sign of progress for the green hydrogen hub, which Mitsubishi Power (then known as Mitsubishi Hitachi Power Systems) and Magnum unveiled in 2019.…
The post Group Says It Will Launch World’s Largest Green Hydrogen Project appeared first on POWER Magazine.
Global energy company SGH2, part of Washington, D.C.-based Solena Group, said it has a deal with Lancaster, California, to build what the company calls the world’s biggest green hydrogen production plant, set to be in full operation in early 2023.
The company on May 20 said the plant will feature SGH2’s technology that uses recycled mixed paper waste to produce “greener than green” hydrogen. SGH2 said its process “reduces carbon emissions by two to three times more than green hydrogen produced using electrolysis and renewable energy, and is five to seven times cheaper.” The deal with Lancaster, first announced Tuesday, noted that SGH2 makes hydrogen with a plasma heating technology, originally developed for NASA, that will disintegrate recyclable materials at temperatures as high as 7,000F.
The company said its green hydrogen is cost competitive with so-called “gray” hydrogen produced from fossil fuels like natural gas, which comprises most of the hydrogen used in the U.S.…
The post ‘GREEN Act of 2019’ Extends Tax Credits for Renewables appeared first on POWER Magazine.
The Ways and Means Committee of the U.S. House of Representatives on Nov. 19 released a draft tax package for clean energy projects that includes a five-year extension of the 30% solar Investment Tax Credit (ITC), along with new incentives for energy storage.
The legislation also supports incentives for electric vehicles (EVs), offshore and onshore wind farms, and energy efficiency measures, among other items.
“This bill will build on existing tax incentives that promote renewable energy and increase efficiency and create new models for technology and activity to reduce our carbon footprint,” Mike Thompson (D-Calif.), chairman of the Subcommittee on Select Revenue Measures, said in a statement Tuesday.
Critics of the package include six groups—Americans for Tax Reform, Americans for Prosperity, the Center for a Free Economy, FreedomWorks, Heritage Action, and the National Taxpayers Union. Those groups earlier Tuesday shared a letter and asked lawmakers not to extend tax credits or give more support for renewable energy, saying phaseouts of credits adopted in 2015 should be continued.…