The U . S . Department of Energy ( DOE ) has announced nearly USD 47M in funding for 22 research projects to advance the development of new and innovative measurement , monitoring , and mitigation technologies to help detect , quantify , and reduce methane emissions across the oil and natural gas producing regions of the United States . Methane emissions are the second largest contributor to climate change only carbon dioxide ranks ahead of methane as a greenhouse gas source . The selected projects will help to ensure an efficient , resilient , and leak-tight US natural gas infrastructure and support President |
Biden ’ s US Methane Emissions Reduction Action Plan and the Biden- Harris Administration climate goal of a net-zero emissions economy by 2050 . DOE ’ s methane mitigation program addresses critical environmental issues associated with the production , transmission , and storage of domestic oil and natural gas . Projects will focus on the technical challenges of quantifying and mitigating methane emissions along the US oil and natural gas supply chain , including the development and demonstration of an efficient integrated methane monitoring platform to enable early detection of methane emissions . |
Ecopetrol , Baker Hughes and the hydroelectric power plant Central Hidroeléctrica de Caldas ( CHEC for its Spanish acronym ) of Grupo EPM , signed a memorandum of understanding for the structuring of feasibility studies to implement a geothermal power generation project in the Nereidas Valley , located in the department of Caldas . This proposed geothermal power generation project initiative , which uses the high temperatures inside the earth to produce electricity , could generate between 50 and 100 megawatts ( MW ) of renewable energy to benefit over 250,000 families . Geothermal energy is currently generated in more than 20 countries , with the United States being the |
world ’ s largest producer , followed by Indonesia and the Philippines . The anticipated definitive collaboration agreement ( s ) extends over a 12-month period in which technical studies , subsoil analysis , and structuring of financing sources will be conducted to define a proposal for the generation of renewable energy , ultimately leading to the execution of a pilot in the department of Caldas . The president of Ecopetrol Group , Felipe Bayón , highlighted the importance of this alliance , stressing it will allow verifying the viability of implementing a geothermal project , leveraging the strengths of each of the companies in the different links of the value chain , from the development in the subsoil to the commercialisation of energy . |