Published by Todd Bush on February 7, 2024
Businesses worldwide are increasingly joining forces and investing in green energy technologies. These partnerships and advancements represent pivotal steps toward creating a more environmentally responsible future. Three recent developments from Honeywell, TotalEnergies, and Plug Power exemplify the unwavering commitment of these companies to enhance sustainability efforts and combat climate change on a global scale.
The joint venture between TotalEnergies and ONGC in India to detect and measure methane emissions highlights the critical need to mitigate greenhouse gas emissions. Methane, a potent contributor to global warming, poses a significant threat to the environment. By leveraging advanced technologies like TotalEnergies' AUSEA, companies can accurately monitor and mitigate methane emissions, aligning with the global imperative to achieve net-zero emissions and combat climate change effectively.
Honeywell joins forces with the Atlanta Hawks and State Farm Arena as the Official Sustainable Building Technology Partner to enhance building sustainability efforts.
Adam Joiner, Vice President of Global Sales for Honeywell's Building Automation segment, expressed enthusiasm about the collaboration, emphasizing its potential for impactful change in the community. "We are extremely pleased that the Atlanta Hawks and State Farm Arena chose Honeywell to collaborate on prioritizing efficient, healthy, and sustainable building operations," said Joiner. The partnership will implement advanced upgrades, including Honeywell Forge software solutions, to optimize energy usage and enhance indoor environmental quality.
Brett Stefansson, Hawks' Executive Vice President and General Manager of State Farm Arena, emphasized the importance of Honeywell's technology in achieving energy efficiency and sustainability goals while prioritizing health and well-being. The initiative extends beyond operational enhancements to include a community engagement program focused on STEM and Sustainability Education for metro Atlanta schools.
This collaboration seeks to optimize energy usage and reduce environmental impact in large-scale facilities. Such initiatives not only underscore the importance of reducing carbon emissions but also set a precedent for sustainable building practices across diverse industries, driving a paradigm shift toward greener infrastructure.
TotalEnergies and Oil and Natural Gas Corporation (ONGC) have forged a partnership to tackle methane emissions in India, aiming to reduce emissions to zero by 2030. TotalEnergies will deploy its cutting-edge AUSEA technology, mounted on drones, to detect and measure methane and carbon dioxide emissions accurately, identifying their sources with precision. This collaboration aligns with the Oil and Gas Decarbonization Charter (OGDC) initiative launched at COP28, underscoring the industry's collective commitment to combat climate change.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, emphasized the significance of reducing methane emissions, stating, "Our industry’s priority in the fight against climate change is to slash methane emissions from operations." TotalEnergies aims to make its AUSEA technology available to ONGC to aid in detecting, measuring, and ultimately reducing methane emissions on their assets. Shri Arun Kumar Singh, Chairman and Managing Director of ONGC, highlighted ONGC's commitment to reducing methane emissions by scouting for new technologies, with the introduction of AUSEA technology expected to bolster efforts toward achieving zero methane emissions by 2038.
TotalEnergies, a pioneer in methane emission reduction, has set ambitious targets to further reduce emissions by 50% by 2025 and 80% by 2030 compared to 2020. The company has been actively promoting the United Nations Oil and Gas Methane Partnership (OGMP 2.0) framework and has achieved the OGMP Gold standard status for three consecutive years. This collaboration between TotalEnergies and ONGC marks a significant step towards advancing environmental sustainability and combating climate change in the energy sector.
Plug Power Inc. has recommenced operations at its hydrogen plant in Charleston, Tennessee, contributing approximately ten tons per day (TPD) of liquid hydrogen supply to the U.S. market. The company has also introduced design enhancements aimed at improving overall plant efficiency. With a total capacity of about 25 tons per day across Georgia and Tennessee, Plug Power strengthens its position in the U.S. hydrogen generation network.
Andy Marsh, CEO of Plug Power, highlighted the significance of the Tennessee plant's reactivation in advancing the company's goal of establishing a vertically integrated hydrogen network in North America. He stated, "With the Tennessee plant coming back online, we have taken another step towards building a vertically integrated hydrogen network in North America."
Sanjay Shrestha, General Manager of Energy Solutions & Chief Strategy Officer at Plug, emphasized the cost benefits associated with the expanded liquid hydrogen production capacity. He added, "This liquid hydrogen production out of Georgia and Tennessee is expected to bring down the average cost of delivered hydrogen, positively impacting Plug’s fuel margins in line with our strategy."
These three developments exemplify the diverse approaches and collaborative efforts underway to drive sustainability and combat climate change. By leveraging innovative technologies and forging strategic partnerships, companies like Honeywell, TotalEnergies, ONGC, and Plug Power are pioneering solutions that have the potential to transform industries and lead us towards a greener, more sustainable world.
>> In Company Spotlight:
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌍 Technip Energies and Shell Catalysts & Technologies Join Forces to Advance Carbon Capture Solutions ⚡ FuelCell Energy Announces Global Restructuring, Focusing Core Technolo...
Inside This Issue 🌍 COP29 Countries Endorse Global Carbon Market Framework 💧 Hydrogen Produced at Scale Using Biological Process Combining Carbon Capture 🎯 Starmer: New UK Target for 81% Emissions...
Inside This Issue 🌍 CARB Raises Carbon Intensity Reduction Targets of LCFS to 30% in 2030 and 90% by 2045 🌪️ COP29: the UAE, Host of COP28, is First to Submit Its New National Climate Plan, but Fa...
PARIS--(BUSINESS WIRE)-- Pursuing the development of its low-carbon hydrogen ecosystem in the Normandy industrial basin, Air Liquide (Paris) will invest 50 million euros in a new hydrogen packaging...
Rio Tinto and GravitHy Join Forces to Accelerate the Decarbonisation of Steelmaking in Europe
LONDON--(BUSINESS WIRE)-- Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy’s steel decarbonisation project in France.As...
Center for Transportation and the Environment to Lead Innovative Battery-Free Fuel Cell Bus Project
ATLANTA, Nov. 14, 2024 /PRNewswire-PRWeb/ — The Center for Transportation and the Environment (CTE) has launched a battery-free Fuel Cell Dominant Proof of Concept project under the FTA-sponsored T...
DANBURY, Conn., Nov. 15, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced a global restructuring of its operations in the U.S., Canada, and Germany that aims to significantly...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.