Exxon sees carbon capture market at $4 trillion by 2050
Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the...
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McCoy Insights
USA Simple Cycle Fleet by Original Operating Date
Of the 2,121 simple cycle gas turbine units operating in the USA at year end of 2021 (unit capacity of at least 20 MWe, the Fleet), 693 or 31% began originally operating before 1990. The image nearby shows the original operating date dispersion among the Fleet.
We estimate that these “older” 693 units generated less than 10% of the Fleet’s gross load from 3Q’21 thru 2Q’22.
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Apr 13, 20221 min read
ANDRITZ to supply Germany’s first CO2 capture plant for a cement works:
ANDRITZ is to supply Germany’s first CO2 capture plant based on the amine process to the cement works in Rohrdorf. A pilot plant is...
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Apr 13, 20221 min read
CO2 compressor support for biofuel plant projects:
Atlas Copco will supply CO2 compression equipment to one of Europe’s most ambitious renewable biofuels plant projects: Shell's...
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Apr 13, 20221 min read
Hitachi Zosen Inova received an order from Westfield Energy Recovery (Brockwell Energy):
Hitachi Zosen Inova received an order from Westfield Energy Recovery (Brockwell Energy) for the design and construction of a waste...
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Apr 13, 20221 min read
New German CHP Plant to Save 50,000 Metric Tons of CO2 Annually:
MAN Energy Solutions has commissioned the new Stadtwerke CHP gas power-plant in Frankfurt, Oder. Dr Uwe Lauber, CEO of MAN Energy...
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Mar 30, 20221 min read
Tenaris, Saipem and SIAD sign a MoU for the study of a CO2 capture project in Dalmine, Italy:
Tenaris, Saipem and SIAD have signed an MoU to design phase a carbon dioxide capture and utilization (CCU) plant, to be built at the...
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Mar 30, 20221 min read
This GE-Led Team Is Looking To Write The Carbon Capture Playbook For Gas Plants:
GE will be leading a team on the Barry project. Linde has experience with post combustion amine-based carbon capture processes, while...
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Mar 30, 20221 min read
POET – PORTLAND COMPLETES CONSTRUCTION ON RENEWABLE CO2 ADDITION:
POET, the world’s largest biofuels producer, completed construction on an addition to its POET Bioprocessing – Portland facility. This...
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Mar 21, 20221 min read
Baker Hughes Partners with NET Power to develop Zero-Emissions power plants:
Baker Hughes (NASDAQ:BKR), an energy technology company, has joined a strategic partnership with and invested in NET Power to advance the...
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Jan 25, 20221 min read
Lucid Energy Group Receives Milestone Approval from EPA, Carbon Capture and Secure Storage
Lucid Energy Group, a major player in the Permian Basin, announced the U.S. EPA approved the company’s previously submitted monitoring,...
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Jan 11, 20221 min read
Mote Set To Build Unique $100M Carbon Capture Plant:
Mote Inc, a carbon capture startup from California has announced plans for a $100 million plant that will extract CO2 from wood waste....
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Jan 11, 20221 min read
British Columbian project expected to produce up to100 million liters annually
Oxy Low Carbon Ventures was awarded a services contract to Worley for a facility being designed to produce renewable fuels in British...
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Dec 22, 20211 min read
Baker Hughes to Provide CO2 Compression Equipment for Santos Moomba Carbon Capture & Storage Project
Baker Hughes has been awarded a contract with Santos, a leading natural gas producer in Australia, to supply turbomachinery equipment for...
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Dec 22, 20211 min read
Doosan Heavy Embarks on Blue Hydrogen Production Together with Changwon City:
Doosan Heavy Industries & Construction signed the agreement the Hydrogen Liquefaction Plant CCUS Project at Changwon National Industrial...
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Dec 16, 20211 min read
MHI Receives Order for Compact CO2 Capture System for Biomass Power Plant in Hiroshima:
Mitsubishi Heavy Industries has received an order for compact CO2 capture system from Taihei Dengyo Kaisha, Ltd., a provider of plant...
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Dec 16, 20211 min read
HHI Group Develops Offshore CO₂ Injection Platform:
Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering (KSOE) successfully developed a Korean-type offshore carbon...
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Dec 16, 20211 min read
Sinopec Xinjiang Kuqa Green Hydrogen Demonstration Project Starts Construction:
Sinopec announced that the world’s largest photovoltaic green hydrogen production project was officially under construction: the Sinopec...
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Dec 2, 20211 min read
HZI to Supply CO2 Liquefaction Plant for Pioneering Swiss Project:
The Swiss company CO2 Energie AG has commissioned Hitachi Zosen Inova to construct an installation to separate and liquefy renewable...
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Dec 2, 20211 min read
Elkem to test the world's first carbon capture pilot for smelters:
Elkem, a leader in silicon-based materials, announced that it will test the world’s first carbon capture pilot for silicon smelters at...
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Dec 2, 20211 min read
Neste to receive funding from the EU Innovation Fund to develop its Porvoo refinery:
The EU Innovation Fund has given a positive grant decision of EUR 88 million funding to Neste’s green hydrogen and CO2 capture & storage...
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