Article
ABS Report Examines Hydrogen and Carbon Value Chains
Description
The potential for carbon markets and pricing to reshape global shipping, as well as the impact of the emerging hydrogen and carbon value chains, are explored in-depth in the latest support for the industry’s decarbonization ambitions from ABS.
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Relevant Industrial Expands Their Partnership With Panametrics, a Baker Hughes Business
Relevant Industrial, LLC (Relevant), a leader in the instrumentation and automation, rotating equipment, purification, and thermal equipment distribution and service sector, recently announced a territory expansion of their representation of Panametrics, a Baker Hughes business, to include Northern California and Texas. Relevant will now offer the full Panametrics product portfolio to California, Arizona, New Mexico, and Texas.
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MHIENG and MHIET to Conduct Carbon Capture Demonstration Testing for Gas Engine Generator Sets
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Grey Rock Forms Partnership With Vault to Grow Their Carbon Capture and Sequestration Platform
Grey Rock Investment Partners (“Grey Rock”), through its affiliated investment vehicles, today announced an agreement to make a controlling investment in Vault CCS Holdings, LP (“Vault 44.01” or “Vault”) and fund additional growth of the company through a capital commitment of up to USD$150 million. Vault plans to use the committed capital to execute on its near-term actionable pipeline of Carbon Capture and Storage (“CCS”) projects, as well as the continued development of further opportunities in the CCS space.
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Navigator CO2, POET Sign Letter of Intent to Capture, Transport, and Store Five (5) Million Tons of CO2 Annually
Navigator CO2 Ventures LLC ("Navigator") announced today that they have signed a Letter of Intent to provide carbon capture, utilization, and storage (CCUS) services to POET, the world's largest producer of biofuel and a global leader in sustainable bioproducts, on Navigator's Heartland Greenway system.
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DOE Launches Bipartisan Infrastructure Law's $8 Billion Program for Clean Hydrogen Hubs Across U.S.
The U.S. Department of Energy (DOE) today released a Notice of Intent (NOI) to fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs (H2Hubs) across America. H2Hubs will create networks of hydrogen producers, consumers, and local connective infrastructure to accelerate the use of hydrogen as a clean energy carrier.