Tag: CO2

Is there a way to produce energy in a more green, environmentally friendly way, while still prioritizing efficiency and output?

The market for valves in the power industry will grow at a Compound Annual Growth Rate (CAGR) of 2% over the next 30 years. It is predicted that this already massive market will increase further as the innovation needed to reach the net zero CO2 initiative occurs. This in turn will require coal and nuclear plants to allocate more spending to valve technologies.

Research from the University of Texas in Austin has shown that injecting air and carbon dioxide into methane ice deposits buried beneath the Gulf of Mexico could have the potential to unlock natural gas energy resources, while also trapping the carbon dioxide underground.The study was published in the journal Water Resources Research, which used computer models to simulate what would happen when mixtures of carbon dioxide and air were injected into deposits of methane hydrate, a water-rich, almost ice-like chemical compound that forms in high-pressure and low-temperature environments, like the Gulf of Mexico and the Arctic circle.

Oxy Low Carbon Ventures, a subsidiary of Occidental, and Carbon Engineering are moving forward with the engineering and design of a Direct Air Capture (DAC) and sequestration facility.

Parker Hannifin, whose global headquarters are located in Ohio, and Mueller Industries, which is headquartered in Atlanta, Georgia, have introduced ball valves for transcritical CO2 systems.

Denbury Resources Inc. has entered into an agreement to acquire Thompson Field in Fort Bend County, Texas for USD$360million in cash and a production payment from a private seller.

The United States Department of Energy National Energy Technology Laboratory (NETL) has made a Funding Opportunity Announcement (FOA) for subsurface monitoring technological advancements that will facilitate the injection and storage of CO2.

   Indiana Gasification's emissions permit to develop a USD$2.

   Husky Energy has launched its CO2 capture and liquefaction project located at its Lloydminster, Saskatchewan facility.