International technology group ANDRITZ has received an order from Pori Energia Oy , Finland , to conduct a feasibility study on a carbon capture and storage plant planned to be built at the city of Pori ’ s combined heat and power station ( CHP ). The study will provide the design and cost calculation for a turnkey carbon capture plant with a capacity of 100,000 tpa , including liquefaction , intermediate storage , and off-loading . In addition , |
ANDRITZ will also investigate the benefits of oxy rich fuel combustion for increased CO 2 concentration in the flue gases and thus overall reduced capital investments . The carbon captured is intended to feed a local vanadium plant , supporting the extraction process . Vanadium ’ s primary use is in the steel industry as an alloy component for high-strength applications . Another emerging application is redox flow batteries for large-scale renewable energy storage . |
CeraPhi Energy and Weatherford have entered into an exclusive collaboration agreement to provide an integrated package of products and services to end users for the development of geothermal energy . Through this agreement , Weatherford will offer its global expertise in Data Acquisition , Digitalisation , and Automation Services and CeraPhi will leverage its proven engineering and project management services to provide enhanced geothermal technology solutions to the market . Weatherford has decades of experience in geothermal projects and is committed to delivering innovative solutions that integrate proven technologies with advanced digitalisation to create sustainable offerings for maximized value and return on investment . The initial focus of this agreement is |
to support CeraPhi ’ s development and existing opportunities of repurposing end-of-life oil and gas wells in the UK and USA . CeraPhi ’ s first UK commercial demonstrator is underway and is planned to be complete by July 2023 . The CeraPhi team is focused on its front-end resource modelling . Weatherford will support the Digitalisation and Data Acquisition of CeraPhi ’ s patented technology CeraPhiWell™ , a closed loop downhole heat exchanger that draws up subsurface heat for different applications for scalable baseload energy . CeraPhiWell™ is at the heart of CeraPhi ’ s strategy to de-risk geothermal energy scale-up using end-of-life and non-producing oil and gas wells and prove the “ huge commercial potential ” for geothermal energy production . |
Indian private-sector utility Adani Power has commissioned the first 800MW unit at its |
1.6GW thermal power project in Godda in the eastern state of Jharkhand . |
The utility has started supplying 748MW of power to Bangladesh Power Development Board ( BPDB ) from its Jharkhand project . Adani Power signed an initial agreement with BPDB in 2015 to develop a cross-border 1.6GW thermal power project in Jharkhand . A power purchase agreement was signed between Adani Power and BPDB in 2017 to supply 1,496MW of power to Bangladesh for 25 years . The Jharkhand project will sell power to Bangladesh through a dedicated cross-border 400 kilovolt ( kV ) double |
circuit transmission line connecting to the Bangladesh grid . The electricity supplied from the Godda plant will replace expensive power generated from liquid fuel , bringing down the average cost of power in Bangladesh , the company said . The power tariff from this unit is estimated at around 9 ¢/ KWh and is “ competitive ” compared with its peers , Adani Power said . BPDB had earlier this year asked Adani Power for discounts on power charges . The request coincided with a fall in seaborne coal prices . |
HTMS says its heat transfer fluid can help reduce energy consumption and believes the market is worth EUR 50bn in the US and Europe . Irish cooling technology company HT Materials Science ( HTMS ) has secured USD 15M to support the global deployment of its heat transfer fluid . The Series A funding round was supported by Barclays , Aramco Ventures , CDP Venture Capital , and |
Progress Tech Transfer . Founded in 2018 , the Dublinheadquartered company has developed its own heat transfer fluid to improve both commercial and industrial heating and cooling systems . The company expects this product ’ s potential market to be € 50bn in the US and Europe . HTMS claims this fluid called Maxwell brings a “ substantial reduction in |
energy consumption and an increase in system capacity ”. The company said it has deployed the fluid in sites across Asia , North America , and Europe . In 2021 , the company raised EUR 5M in another Series A round to develop its range of products and further develop its technology . This earlier funding round was led by Aramco Ventures . In 2021 , the demand for space cooling experienced the highest annual |
growth among all building end uses , accounting for nearly 16 % of electricity consumption in the buildings sector , according to the International Energy Agency . HTMS expects this demand to increase in the future and believes it will be able to support international efforts to reduce energy consumption and improve energy efficiency . |