Published by Todd Bush on August 15, 2024
Cody Johnson, Along With Hydrogen Economy Cohorts, Wins Spring 2024 Capstone Project With ‘Business Roadmap for Utilizing Hydrogen in Houston’
HOUSTON--(BUSINESS WIRE)--Today, SCS Technologies (SCS), a leading provider of CO2 measurement systems, methane vapor recovery units, and petroleum LACT units, announced that Cody Johnson, the company’s CEO, was on the winning 2024 Spring Capstone Project team in the University of Houston Hydrogen Economy Program. The “Business Roadmap for Utilizing Hydrogen in Houston” project outlines potential profits of $1.8 billion over the contract life with $180 million in green H2 investments.
>> In Other News: Altman-Backed Startup Opens Largest US Facility to Pull Carbon From Air
“It was an honor to collaborate with my Hydrogen Economy Program teammates to explore business opportunities using existing technologies to produce clean hydrogen and reinvest profits to further advance decarbonization efforts in the future,” said Johnson. “I extend my gratitude to the University of Houston for assembling top-notch resources on the critical topic of clean hydrogen production. By bringing together students, corporate leaders, engineers, and scientists, we are able to join forces to accelerate the renewable hydrogen economy.”
The winning capstone project demonstrates the implementation of decarbonization processes and the enhancement of capacity utilization in existing industrial hydrogen production along the Houston Ship Channel through amine capture technology. Additionally, the team identified business opportunities in producing ammonia as a liquid carrier using the Haber-Bosch process and leveraging the existing maritime ammonia tanker fleet to ship to markets in Western Europe and Northeast Asia.
“Congratulations to Cody and team for designing an innovative yet feasible clean hydrogen business plan that leverages technologies and logistics already in place, making this a viable business opportunity for the oil and gas industry,” said Alan Rossiter, Executive Director, External Relations/Educational Program Development UH Energy at the University of Houston. “At the University of Houston, we are committed to advancing the energy transition by bringing diverse skills and knowledge together. The Hydrogen Economy Program is one of the many ways we achieve this. With the new cohort beginning in August and registration now open, we look forward to working with a new group of passionate, curious, and intelligent energy professionals and students.”
The energy industry faces a massive transition spurred by environmental and economic catalysts. The University of Houston’s Hydrogen Economy Program provides a forum within Houston, the world’s energy hub, for energy professionals and students to stay informed on the evolving energy industry from faculty and industry leaders.
Participants in the University of Houston Hydrogen Economy Program have the option to develop a capstone project using knowledge from the completed course to showcase a business plan for a clean hydrogen start-up venture. The individuals or teams then present their project to the class and a panel of judges, who evaluate the ideas and determine the first- through third-place winners. Program details, including this year's winners and winners from previous years, can be found here.
SCS Technologies designs, fabricates, and installs CO2 measurement systems, methane vapor recovery units, and petroleum LACT units for the energy, industrial, and environmental sectors. SCS Technologies has committed to net zero emissions by 2050 as part of the company’s strategic initiative to mitigate CO2 emissions within its operations. Based in Big Spring, Texas, with a Strategy & Innovation Office in the Ion Houston, SCS Technologies is partnered with Black Bay Energy Capital, an energy-focused private equity fund based in New Orleans, Louisiana. www.scstechglobal.com; www.blackbayenergy.com
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.