[ Industry Update ]
[ Industry Update ]
Baker Hughes and Woodside Energy announce collaboration
Baker Hughes ( BKR ), an energy technology company , and Woodside Energy , an Australian energy company have announced a joint initiative to develop a lower carbon power generation technology solution utilizing the Net Power ( NPWR ) platform that is specifically designed for oil and gas ( including LNG ), heavy industries and other smaller scale applications . Building on their 2022 Memorandum of Understanding ( MoU ), which aimed to advance the decarbonization of the natural gas supply chain , Baker Hughes and Woodside have now signed a Technology Development Agreement ( TDA ), to develop the small-scale Net Power platform . The patented Net Power platform works by utilizing natural gas to generate affordable power while inherently capturing nearly all carbon dioxide ( CO2 ) emissions . Baker Hughes and Woodside aim to bring other development partners into the program to tailor the concept to the continuously evolving requirements of different captive power generation segments . Through the TDA , the program will also focus on assessing the feasibility and industrial market scalability of Net Power ’ s platform . Baker Hughes is the exclusive provider of the small-scale application of the Net Power platform , and the TDA will benefit from the development and testing currently ongoing both at Net Power ’ s La Porte , Texas , demonstration facility and the company ’ s planned first utility-scale power plant near Midland , Texas .
Chiyoda awarded the EPC contract for ENEOS Corp .
Chiyoda Corp . ( Yokohama , Japan ) has been awarded an Engineering , Procurement , and Construction ( EPC ) contract by ENEOS Corp . ( Tokyo ) for a large-scale direct methylcyclohexane electrosynthesis ( Direct MCH ) demonstration plant . This demonstration was conducted as part of Green Innovation Fund Projects of Large-scale Hydrogen Supply Chain Establishment / Direct MCH electrosynthesis technology development commissioned by the New Energy and Industrial Technology Development Organization ( NEDO ). The plant aims to identify obstacles to future social implementation of Green MCH production technology and will be equipped with a large-scale Direct MCH electrolyzer developed by ENEOS . Through this project , Chiyoda will support early implementation , which is key to realizing decarbonization of industries .
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