The Cost of Land-Based Wind Turbines Are Now Competitive With Fossil Fuels in Most Places

Prnewswire | September 22, 2020

ResearchAndMarkets.com published a new article on the Wind Power industry "The Cost of Land-Based Wind Turbines Are Now Competitive With Fossil Fuels in Most Places" With increasing public pressure to focus on clean energy sources, new ventures have tried to capitalise on the widespread power of wind. While investors have often focused on the Godzilla-sized offshore wind turbines, however, they have often overlooked the more affordable and hassle-free potential of smaller, land-based turbines, according to an article in the Wall Street Journal.

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ENERGY

Heliogen Awarded Exclusive Right to Lease Brenda Solar Energy Zone for Green Hydrogen Production

Heliogen | February 09, 2022

Heliogen, Inc., a leading provider of AI-enabled concentrated solar energy, announced that the United States Bureau of Land Management has awarded the Company the exclusive right to lease land in the Brenda Solar Energy Zone (SEZ). Heliogen intends to develop a green hydrogen facility on the Brenda site, capable of producing approximately 20,000 metric tonnes of hydrogen per year. The Brenda SEZ is situated on 3,343 acres of land in La Paz County, Arizona on the California border. The site has direct access to Interstate 10 for distribution of hydrogen to nearby natural gas pipelines for blending and transport, as well as to the Phoenix metropolitan area and the Port of Los Angeles for domestic and international shipping. The Brenda SEZ is an ideal location for commercial-scale green hydrogen production due to the ample local water supply and its close proximity to potential offtake partners and key distribution channels. We look forward to providing updates on our plans to develop the facility and will leverage our proprietary, AI-enabled concentrated solar power technology to produce cost-effective green hydrogen. We are grateful to the Bureau of Land Management for their support and clarity throughout the process and are looking forward to continuing our work together.” Bill Gross, Chief Executive Officer of Heliogen As previously announced, Heliogen and Bloom Energy successfully generated green hydrogen by integrating the companies’ technologies – Heliogen’s concentrated solar energy system and Bloom Energy’s Electrolyzer. The successful hydrogen production demonstration in Lancaster, California, completed in November 2021, showcased the many benefits of combining the companies’ complementary green power and hydrogen production technologies. Heliogen’s AI-enabled concentrated solar energy system is designed to create non-intermittent, carbon-free steam, electricity, and heat from sunlight. When combined with Bloom Energy’s proprietary solid oxide, high-temperature electrolyzer, hydrogen can be produced 45 percent more efficiently than with low-temperature polymer electrolyte membrane (PEM) and alkaline electrolyzers. Electricity accounts for nearly 80 percent of the cost of hydrogen produced from electrolysis, and by using less electricity, hydrogen production is more economical, accelerating its adoption. In addition, the ability to use heat, which is a much lower cost source of energy than electricity, further improves the economics of green hydrogen production. Project development is one of the many ways Heliogen can support customers looking to deploy its novel solar technology. Heliogen leverages its in-house expertise, led by Chief Commercial Officer Tom Doyle, to develop project sites on behalf of customers who take an owner/operator role. About Heliogen Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. The company’s AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen fuel at scale – for the first time in history. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996.

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ENERGY

Renewable Energy Group Enters Strategic Partnership with CFN and Pacific Pride to Expand Distribution of Cleaner Fuels

Renewable Energy Group, Inc. | May 23, 2022

Renewable Energy Group, Inc. (REG) (NASDAQ: REGI), a global producer and supplier of bio-based diesel, has entered into strategic collaboration agreements with CFN and Pacific Pride, two of North America’s largest cardlock fueling networks, to provide cleaner fuels through their branded cardlock networks. Partnering REG’s portfolio of bio-based diesel with CFN and Pacific Pride’s vast network of cardlocks will allow the companies to play a critical role in furthering the utilization of cleaner fuels by fleets across North America.REG’s bio-based diesel is easy to adopt and immediately begins reducing fossil carbon emissions. Under the new arrangement, REG’s UltraClean BlenD™, a proprietary blend of biodiesel and renewable diesel, and other fuels from REG’s EnDura Fuels™ product line, will be available to customers via CFN and Pacific Pride’s vast cardlock network. CFN and Pacific Pride operate cardlocks in a number of regions across the U.S. and Canada. “We continue to provide our Marketers with the tools and products they need to adapt to a changing marketplace, Our alliance with Renewable Energy Group will position our networks for the future by ensuring we have the products available to meet the needs of the growing biofuels market.” -CFN and Pacific Pride President, Eric Lind For REG, this opens up new customer opportunities through a larger geographic footprint, and allows the business to provide bio-based diesel directly to end users. The businesses are committed to continuing to provide customers with the quality and service they expect, with an expanded offering of cleaner fuel options. This collaboration exemplifies what we want to do at REG: work with industry leading companies and help guide customers during the energy transition by enabling them with access to clean fuel alternatives, said Bob Kenyon, Senior Vice President, Sales and Marketing at REG. “Our cleaner fuels and customer service are helping to reduce greenhouse gas emissions today and offer a plug-and-play solution for most fleets across North America. The organizations hope to begin expanding availability of bio-based diesel later this year, initially focused on cardlocks on the West Coast. Renewable Energy Group’s technical services team will support the implementation, ensuring customers are receiving the best products for their region and season. About Renewable Energy Group Renewable Energy Group is leading the energy and transportation industries’ transition to sustainability by converting renewable resources into high-quality, sustainable fuels. Renewable Energy Group is an international producer of sustainable fuels that significantly lower greenhouse gas emissions to immediately reduce carbon impact. Renewable Energy Group utilizes a global integrated procurement, distribution and logistics network to operate 11 biorefineries in the U.S. and Europe. In 2021, Renewable Energy Group produced 480 million gallons delivering 4.1 million metric tons of carbon reduction. Renewable Energy Group is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future. About CFN and Pacific Pride CFN and Pacific Pride provide fuel card authorization, transaction processing, cardlock site branding, and reciprocal site access for independent petroleum marketers. Marketers join the CFN and Pacific Pride networks to provide their fleet customers access to cardlock network locations, and realize the economic benefit from customers of other members fueling at their locations. Through a CFN or Pacific Pride affiliation, petroleum marketers can offer commercial fleets an integrated fueling solution with access to over 57,000 locations via the Fuelman® network, a FLEETCOR® company. Based in Seattle, Washington, CFN and Pacific Pride are the largest private-branded cardlock networks in North America. CFN and Pacific Pride are part of the FLEETCOR® (NYSE: FLT) portfolio of brands.

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SUSTAINABILITY

Data Centers Can Support the Electric Grid in a Boost to Global Renewable Energy and Sustainability Initiatives, According to an Omdia Survey

Omdia | February 08, 2022

A ground-breaking survey by research group Omdia showed that within the next four years data center operators will deploy uninterruptible power supplies (UPS) which are able to interact with the electric grid and support essential energy-management initiatives. The use of renewable energy is growing on all fronts and is becoming the new normal in the data center industry. The integration of variable renewable energy resources into a more dynamic electric grid comes with new challenges and technical requirements. Data centers are in a unique position to increase the reliability of the electric grid by allowing access to a part of their backup power systems. Data center UPSs have evolved to attain high efficiency, smaller footprints, improved battery energy storage systems (ESS), and monitoring systems. Smart grid ready UPSs incorporate technologies that enable the equipment to sense and interact with the electric grid, helping data centers to become smarter about the amount and timing of energy consumption, contributing to the pursuit of a more sustainable data center. The integration of renewable energy into the smart electric grid can benefit from smart grid ready UPS, to smooth out the unpredictability of renewable resources, balancing energy supply and demand, and to reduce or defer electric grid infrastructure investment. Manufacturers like Eaton, Schneider Electric, and Vertiv are already offering UPSs with these capabilities.” Moises Levy, PhD, Principal Analyst and lead of Omdia’s data center power, cooling and sustainability research practice To capture all viewpoints of this critical subject, Omdia surveyed a combination of data center operators, engineering, architecture and consulting firms, as well as, utility companies, across North America, the Nordics, UK, Ireland, France, Germany, and Australia. The nearly 380 respondents indicated that the top driver for adopting smart grid ready UPS is contributing to sustainability initiatives. This was followed by technology innovation pioneer, and reputation and competitive advantage. Importantly, the lion’s share* of respondents indicate they are confident that using smart grid ready UPS will not put their mission critical workloads at risk. Cloud service providers were pointed out as the vertical that is most likely to benefit from smart grid ready UPS by nearly half of the survey respondents. However, enterprises from all vertical industries are a part of the conversation as long as they operate a data center. From a regional perspective, the Nordics, and UK and Ireland are the two regions leading the number of UPS with capabilities to interact with the grid being deployed. About 80% of respondents estimated that 10-50% of the capacity of batteries in the data center today is excess and can be potentially used to support the electric grid. This would be a significant enabler to the integration of variable renewable energy sources into the electric grid. Most respondents indicated that solar and wind were the two microgrid applications which would most benefit from utilizing this technology. “The data center industry is the backbone of the digital economy and has enabled significant efficiencies in how we conduct business, communicate with one another, and develop innovative technologies. From this perspective the data centers are already a force for good which is making the world more sustainable. With emergence and proliferation of smart grid ready UPS technology data centers are enabling an even more sustainable world,” said Vlad Galabov, Research Director at Omdia’s Cloud and Data Center Research Practice. The Omdia Uninterruptible Power Supplies (UPS) Intelligence Service covers comprehensive insights and forecast of the UPS hardware and services markets. Omdia’s UPS trackers continue to evolve and build on our existing, detailed database of the market. Using the reports clients can master with detailed data, trends, forecasts, and trusted insights. * 77% (very confident and confident), and 98% (including somewhat confident) About Omdia Omdia is a leading research and advisory group focused on the technology industry. With clients operating in over 120 countries, Omdia provides market-critical data, analysis, advice and custom consulting. Omdia was formed in 2020 following the merger of IHS Markit, Tractica, Ovum and Heavy Reading. Sitting at the heart of the Informa Tech portfolio, Omdia reaches over four million technology decision makers, influencers and practitioners that form part of the wider Informa Tech community and has specialist research practices focusing on Enterprise IT, AI, Internet of Things, Communications Service Providers, Cybersecurity, Components & Devices, Media & Entertainment and Government & Manufacturing.

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ENERGY

Proteum Energy and Istmo Energy Sign MOU For Production of Low Cost, Clean Hydrogen in the Permian Basin

Proteum Energy | December 18, 2021

Proteum Energy, LLC entered a binding Memorandum of Understanding (MOU) with Istmo Energy LLC, headquartered in Fort Worth Texas, to negotiate the terms by which Proteum Energy™ will provide low cost, low carbon intensity hydrogen to Istmo for production of "ultra-low sulfur diesel" and clean hydrogen for delivery to offtake customers in the Permian Basin, Mexico and California markets. Istmo Energy is pleased to have the option to leverage our onsite de-ethanizers to produce hydrogen from ethane for our hydrotreaters, while at the same time offer additional clean hydrogen sales in the Permian region." Alex Gutierrez, Principal and Co-Founder of Istmo Energy About Istmo Energy Istmo Energy is a midstream and downstream greenfield export platform to connect and meet the needs of poorly served markets harnessing wealth that lies within the Delaware Basin. Istmo Energy was formed by oil and gas industry professionals with decades of experience in the Mexican and US energy markets, and a solid Advisory Board consisting of industry leaders in the Energy, Financial, Legal and Regulatory space on both sides of the US/Mexico border. About Proteum Energy™ Headquartered in Phoenix Arizona, Proteum is a producer of low carbon, low-cost clean hydrogen from renewable ethanol, ethane and NGLs. With its patented and proven reformation system, Proteum can provide fuel cell grade clean hydrogen for heavy-duty transportation, low carbon hydrogen-rich designer fuels for power plants, and direct hydrogen pipeline production and injection at natural gas processing plants.

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At KK Wind Solutions, we do business based on dialogue and collaboration with customers. We listen to understand and improve our customers’ business and provide unique electrical solutions to their needs.

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