STRATEGY AND BEST PRACTICES
Johnson Matthey | May 25, 2022
Johnson Matthey, a global leader in sustainable technologies, and bp, an international energy company, have announced that their co-developed, ground-breaking Fischer Tropsch (FT) CANS™ technology and Johnson Matthey's innovative reverse water gas shift technology, HyCOgen™, have been selected for use by Aramco and Repsol at a new synthetic fuels plant in Bilbao, Spain.
The plant will be one of the world's first to use renewable (green) hydrogen and CO2 as its only raw materials. It is due to be commissioned in 2024, with a starting capacity of more than 2,100 tonnes per year. It will produce a sustainable synthetic drop-in fuel that can be blended for existing road vehicle engines, planes and ships.
It is the second licence signed for the FT CANS technology, which was jointly developed with bp to deliver significant environmental and operational benefits. It converts synthesis gas (syngas), generated from sources such as industrial emissions, direct air capture, municipal solid waste or other renewable biomass, into long-chain hydrocarbons suitable for the production of diesel and jet fuels.
It is the first licence signed for Johnson Matthey's recently launched HyCOgen technology, which uses a catalysed process to convert CO2 and green hydrogen into carbon monoxide (CO), which is then combined with additional hydrogen to form syngas. Coupling HyCOgen and FT CANS technologies provide an end-to-end, scalable process optimized for high conversion efficiency — enabling the production of premium quality synthetic crude oil.
Aramco Chief Technology Officer, Ahmad Al-Khowaiter, said: "This agreement supports our ongoing work to develop lower-emission transport solutions and we are thrilled by the opportunity it represents. Converting CO2 into synthetic, lower-carbon fuels can meaningfully contribute to the reduction of transport emissions and, through this strategic partnership, we aim to harness innovative technologies that can unlock the full potential of both sustainable fuels and chemicals — and demonstrate their competitiveness."
Adriana Orejas, Director Industrial Transformation and Deep Tech at Repsol said: "The development of Bilbao synthetic fuel, where sustainable synthetic fuel shall be produced, represents an important step on our commitment of being a Net Zero Emission company by 2050, aligned with the climate objectives set out in Paris by COP21. Coupling Johnson Matthey, a reliable and demonstrated global leader technologist, HyCOgen and FT CANS Technology allow us to demonstrate the whole value chain of producing sustainable fuel from CO2 and renewable hydrogen as unique raw materials, complementing Repsol´s portfolio of Low carbon fuels alternatives."
Noemie Turner, VP Technology development & commercialisation at bp, said: "Repsol and Aramco choosing to license our co-developed FT CANS technology recognises great science and engineering. This builds on the first license to Fulcrum Bioenergy, further demonstrating the key role of the technology in the production of sustainable fuels."
Jane Toogood, Sector Chief Executive at Johnson Matthey, said: "In licensing both the HyCOgen and FT CANS technologies for their Bilbao plant, Repsol and Aramco have recognised the potential of this pioneering solution — and shown that we're a trusted partner in sustainable fuel production technology."
The scalability of the combined HyCOgen and FT CANS solutions enables cost-effective deployment across a wide range of project sizes. Either technology can also be licensed independently.
About Johnson Matthey:
Johnson Matthey is a global leader in sustainable technologies that enable a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers' products. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet's natural resources. Today about 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us.
Aker Carbon | June 16, 2022
To develop the groundbreaking Keadby 3 Carbon Capture Power Station, UK energy company SSE Thermal and Equinor have selected a consortium of Aker Solutions, Siemens Energy and Doosan Babcock, with Aker Carbon Capture as the carbon capture provider. The consortium has been awarded the FEED contract for the gas-to-power plant equipped with carbon capture technology to be built in the Humber region. Aker Carbon Capture and the consortium have agreed on the essential key terms and expect to sign the formal agreement shortly.
Over the next 12 months, the consortium will deliver together with Aker Carbon Capture a detailed plan for the proposed plant – which would have a generating capacity of up to 910MW - bringing their vast technological expertise to bear on the realization of the decarbonized power station in the Track-1 East Coast Cluster. Keadby 3 Carbon Capture Power Station is set to utilize cutting-edge gas turbine technology from Siemens Energy.
The UK Government has set ambitious targets for the country to become a world leader in carbon capture and storage (CCS) and Keadby 3 Carbon Capture Power Station will play a pivotal role with the ability to capture up to 1.5 MT of CO2 annually, around four times the size of Brevik CCS. A recently released socio-economic report outlined that the plant could deliver £1.2bn for the UK economy, including significant benefits for the local area.
"Our ambition with Keadby 3 is to deliver one of the UK's first power stations equipped with carbon capture and through awarding this contract we continue to build momentum behind that goal. The proposed low-carbon plant at Keadby will not only provide vital flexible power while backing up renewables, it will also play a key role in meeting decarbonization targets. The reality is that multiple power-CCS projects will be needed to reach net zero and we hope to see the UK Government recognize that when it provides an update on Cluster Sequencing this summer."
- Catherine Raw, Managing Director at SSE Thermal.
"We are delighted to be an essential part of such an important project with our field-proven carbon capture technology, We support SSE Thermal's strategy to deliver solutions to provide energy needed today while building a better world of energy for tomorrow. This project helps strengthen British energy security and contributes at the same time to the decarbonization of the industry. This is a giant leap forward for Aker Carbon Capture in terms of further establishing our carbon capture business in the UK."
-Valborg Lundegaard, Chief Executive Officer at Aker Carbon Capture.
ING Americas | May 21, 2022
ING Americas (ING) has been engaged by Clean Energy Holdings, LLC (CEH) as its financial advisor in respect of the financing of projects by the Renewable Energy and Technology Alliance (The Alliance) being assembled by CEH. ING brings multiple areas of expertise to CEH's Platform and projects including advisory services and leading the capital raising requirements for the project.
Equix Inc., a well-established and highly respected infrastructure firm, is also joining The Alliance bringing industry leading execution experience including Engineering, Procurement, and Construction (EPC) in both renewable energy and hydrogen facilities. Bair Energy, LLC (BE) joins The Alliance as the Program Management Construction Management (PMCM) and serves as The Alliance Representative for the CEH Platform. The Alliance is working with an experienced commodities group to market and lead offtake negotiations for its projects.
Clean Energy Holdings, ING Americas, and Equix Kick-off 250 MW Green Hydrogen Alliance Project in Texas
ING will take the lead in securing project financing for CEH's 250 MW Clear Fork, TX renewable energy supplied green hydrogen and liquefaction project. As one of the largest and leading green hydrogen developments in North America, the project has a baseline schedule slated to enter commercial operations in the third quarter of 2024. The project is expected to produce a levelized average of 30,000 kg a day of liquefied green hydrogen. The CEH Platform is designed to attract leading edge and emerging technologies to integrate into our projects for validation and certification.
"Our Alliance is leading energy transformation, and we are committed to continue to lead the North American market in the production and implementation of green hydrogen for industrial, chemical, and mobility applications. We are also driving technological advancements developed through our projects. We have assembled a group of industry leaders as well as local and state governments to navigate through the potential challenges as we deliver our projects from concept to delivery and provide turnkey projects with a complete basis for design. Our Alliance delivers on contract and safety, with guaranties. This project is a strategic priority for The Alliance to showcase its turnkey design, long term operations and production guaranties."
-CEO of Clean Energy Holdings, Nicholas Bair
"These early, large-scale, projects will help define the green hydrogen industry in North America. Our Alliance partners and advisors have been carefully selected as both best-in-class for their respective roles and dedication to make these projects a success."
-CEH President, Cornelius Fitzgerald
ABOUT CLEAN ENERGY HOLDINGS
Clean Energy Holdings (CEH) is a renewable energy and technology platform focused on developing, owning, and operating leading edge, innovative and reliable renewable energy and low carbon facilities. CEH is a technology centric platform and, with our Alliance Partners, provides turnkey solutions for innovative projects like Clear Fork Green Hydrogen, the second Green Hydrogen project brought forward by CEH. Further, the CEH projects have been carefully selected to lead various State and Regional initiatives aimed to bring cost effective Green Hydrogen fuel to transportation corridors as well as industrial clients.
ABOUT BAIR ENERGY
BE is a Program Management and Construction Management (PMCM) firm with a focus on renewable energy projects in both domestic and select international markets. In its PMCM role, Bair Energy manages and coordinates platform concepts with viable projects to take advantage of benefits, like efficiencies of scale, not available to the projects individually. In addition, Bair Energy oversees construction of individual projects. In all roles, Bair Energy has embraced a philosophy for Health, Safety, and Environmental Excellence.
ABOUT ING Americas
ING Americas offers a full array of wholesale financial products, such as commercial lending, financial markets, corporate finance and advisory products and services in the U.S. to its corporate and institutional clients. We know being sustainable is not just about reducing our own impact, it's also in the choices we make—as a lender, in our financing, and through the services, we offer our customers. That's why sustainability is inherent to our purpose of empowering people to stay a step ahead in life and in business. ING Americas is the brand name of ING's corporate and institutional client business in the Americas region, operating in the U.S. through ING Financial Holdings Corporation and its subsidiaries ("IFH"). IFH is a subsidiary of ING Bank N.V., and a part of ING Group N.V. ("ING").
ABOUT EQUIX INC.
Equix, Inc. is a private contracting firm that develops people and companies in the technical, professional, and construction services industries across North America. Focusing on utility and infrastructure projects offering full-service surveying, design, construction, and maintenance services to the renewable energy, broadband, electric, heavy civil, pipeline, water, and wastewater markets. Equix employs over 1,250 team members across 27 corporate offices in 13 states. They are licensed to do business in over 30 states across all service offerings.
FleishmanHillard | June 03, 2022
FleishmanHillard's Media + Platforms (M + P) practice announced the launch of learning lab environments to help brands explore the impact of the metaverse, Web3 and emerging digital media platforms. The offering includes a combination of an existing training series and planning workshop, along with hands-on experience in a custom-built environment where brands can gain the strategic and technical expertise needed to communicate and market in these new platforms.
"It's time to help clients move beyond the hype headlines of today and see what's possible in emerging technologies, including how to use them now and prepare for the future, Our offering helps teams develop new skills and strategies in a customized, curated learning lab environment based on the client's industry, culture and business goals."
-Ephraim Cohen, global managing director of Media + Platforms, FleishmanHillard.
The capability will be overseen by Jared Carneson, a FleishmanHillard senior partner, who, as part of the Media + Platforms global leadership team, leads the development of capabilities around emerging platforms. The new Media + Platforms offering includes three components to help clients learn, plan and begin developing the skills needed for the future:
The new offering leverages media, digital and technology expertise from across FleishmanHillard's Media + Platforms practice, which unites media relations, social influencer, brand content and digital platform experts into one integrated, innovative community to deliver maximum impact for clients across earned, owned and paid channels.
FleishmanHillard specializes in public relations, reputation management, public affairs, brand marketing, digital strategy, social engagement and content strategy. FleishmanHillard was named 2021 PRovoke Global Agency of the Year, 2021 ICCO Network of the Year, 2021 Campaign Global PR Agency of the Year, 2022 PRWeek U.S. Agency of the Year and Outstanding Extra-Large Agency of the Year; 2021 PRovoke APAC Consultancy of the Year; 2021 PRWeek UK Large Consultancy of the Year; Human Rights Campaign Best Places to Work for LGBTQ Equality 2018-2021; and to Seramount's (formerly Working Mother Media) "Top Companies for Executive Women" list 2010-2021. FleishmanHillard is part of Omnicom Public Relations Group, and has nearly 80 offices in more than 30 countries, plus affiliates in 45 countries.