Published by Todd Bush on September 20, 2022
September 20, 2022 06:30 AM Eastern Daylight Time
PITTSBURGH--(BUSINESS WIRE)--Wabtec (NYSE: WAB) and Kazakhstan Temir Zholy (KTZ) signed a historic memorandum of understanding (MOU) for 150 FLXdriveTM battery-electric shunters and modernization work to transform the mainline fleet into NextFuelTM liquid natural gas-powered (LNG) locomotives. The investment marks the largest sustainable technology agreement by the CIS railroad, and will further revolutionize KTZ's mainline and yard operations, while significantly reducing greenhouse gas emissions and operating costs.
>> In Other News: Verdagy Launches Commercial Electrolyzer Module, Demonstrating Low-cost Green Hydrogen at Scale
'Since early 2000, KTZ has been the regional transportation leader in adopting state-of-the-art technologies and is honoring that legacy by pioneering the transition to a low-carbon rail network with Wabtec's FLXdrive battery-electric technology,' said Rafael Santana, President and CEO for Wabtec. 'Battery power is an ideal solution to reduce the environmental impact and costs of yard operations. Using the FLXdrive in a rail yard can significantly improve local air quality and reduce noise for neighboring communities. We are proud to partner with KTZ on this strategic investment.'
The FLXdrive shunters will be 100% battery powered with more than 1.5 megawatt hours of energy. These new shunters are a zero-emission solution for KTZ, enabling the railroad to reduce the fuel cost of its yard operations by approximately $75,000 per shunter per year. The FLXdrives also will reduce scheduled maintenance by up to 97% and avoid costly electrification investments.
To support KTZ's mainline fleet sustainability efforts, Wabtec will provide NextFuel kits to convert the traditional diesel locomotives to LNG. Wabtec's NextFuel LNG mainline locomotives will increase the operational range of travel by more than two-fold – from 1,300 km to 3,000 km and decrease fuel costs by up to 26%.
Wabtec and KTZ also will collaborate on digital solutions for the fleet. The first digital product is Trip Optimizer, providing fuel-efficient operation modes for freight trains to reduce fuel consumption by at least 5%. Pilot testing is planned for the fourth quarter and with successful results it will be deployed on KTZ locomotives.
Wabtec will build the FLXdrives and convert the locomotives to LNG at the LKZ facility in Nur Sultan, Kazakhstan. Production will begin in 2024.
Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a zero-emission rail system in the U.S. and worldwide. Visit Wabtec's website at: www.WabtecCorp.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Carbon Management Workshop February 19th The future of carbon capture is being built now. Be in the room where it happens. The Carbon Management Workshop is happening February 19 at Rice Universi...
Inside This Issue 💧 Avnos' Hybrid Direct Air Capture: The Future of Carbon Removal and Water Production ⚡ Hanwha and Baker Hughes Enter into Joint Development Agreement for Ammonia Gas Turbines 🏭 ...
Inside This Issue 📜 The Economic and Environmental Case for 45Q: An Open Letter to Congress 🤝 Syensqo and Ardent Announce Strategic Partnership to Accelerate Point Source Carbon Capture Innovation...
LEGO Group Commits $2.6M for Carbon Removal Projects with Climate Impact Partners, ClimeFi
LEGO Group commits DKK 19M to carbon removal projects, delivering credits between 2024-2026. KIRKBI A/S adds DKK 5M, supporting the same climate initiatives. Projects include biochar, enhanc...
EU Considers Exempting Most Companies From Carbon Border Levy
BRUSSELS, Feb 6 (Reuters) - The European Commission may consider exempting 80% of companies due to be covered by its upcoming carbon border levy, the EU's head of climate policy said on Thursday. ...
Largest and first fully integrated electrolyzer to be tested at Idaho National Laboratory. Testing to validate 100% electrical efficiency with nuclear integration. Hydrogen production capabi...
ENGLEWOOD, Colo., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) will participate in a virtual investor presentation and live Q&A, featuring Gevo’s CEO, Dr. Patrick Gruber, and Gev...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.