Hydrogen Council’s Post

🌍 Pioneering the Future of Low Carbon Energy: bp's Major Milestone in Teesside 🌍 I am thrilled to share that bp has reached a significant milestone in our journey towards a sustainable future. We have received the green light for two major carbon capture and low carbon power joint venture projects in Teesside, marking a pivotal step in our commitment to reducing carbon emissions and supporting economic growth. These projects, the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power), are set to transform the region by capturing and transporting millions of tonnes of CO2. NEP will develop a CO2 transport and storage system, while NZT Power will provide flexible low carbon power to the UK national grid. This initiative is expected to support thousands of jobs and create a robust infrastructure for a lower carbon future. Felipe Arbelaez, bp’s senior vice president of hydrogen and carbon capture & storage, highlighted the importance of these projects: "The progress of these projects to financial close is a demonstration of the power of the private and public sectors coming together to deliver integrated low carbon energy projects. They will create value for the region, partners, customers, and bp." At bp, we are proud to lead the way in the energy transition, harnessing the skills and determination of an established industrial region to drive innovation and sustainability. Dive into the full article to learn more about how these projects will shape the future of energy. Read all about it at the link. #Sustainability #CarbonCapture #LowCarbonEnergy #EnergyTransition #bp

Oxford Flow has raised $25M in Series C funding, co-led by bp Ventures and Energy Impact Partners (EIP), to reimagine valve technology and address critical energy challenges like fugitive emissions and operational inefficiencies. With applications in hydrogen, ammonia, and CO2 infrastructure, Oxford Flow’s patented valve design eliminates traditional failure points, reducing maintenance costs, emissions, and downtime. 🗣️ Gareth Burns, VP of bp Ventures, emphasized: "Oxford Flow’s technology could be important for bp’s core operations, helping reduce maintenance and downtime costs at our production facilities, as well as being utilized for other emerging businesses such as hydrogen." 🗣️ Steven Yang, Principal at EIP, highlighted its strategic role: "Methane emission reduction is one of the most cost-effective strategies for global greenhouse gas abatement. We believe Oxford Flow’s innovative valves and regulators are strategically important for upstream, midstream, and gas utility operators." #ClimateTech #EnergyTransition #Sustainability

Copenhagen Infrastructure Partners (#CIP), through its Energy Transition Fund (CI ETF I), and Friesen Elektra Green Energy AG (Friesen Elektra) have initiated project Anker - a green hydrogen production facility in #Sande, #Germany. https://lnkd.in/ejwuT2QH #fluidhandling #hydrogen #greenenergy #collaboration #funding

🌍💚 **Acceleration of Global Green Ammonia Push** 💚🌍 Exciting news in the renewable energy sector! Fotowatio Renewable Ventures (FRV) has announced a groundbreaking $5 billion project for green hydrogen and ammonia production at Ceará's Pecém Port. This ambitious initiative marks a significant step forward in the global push towards sustainable energy solutions. 🔗 Read more about the project here: https://lnkd.in/eG-5_peq This project not only underscores the importance of green hydrogen and ammonia in achieving carbon neutrality but also highlights the critical role of innovative renewable energy solutions in transforming the global energy landscape. Let's continue to support and drive these incredible advancements for a greener, more sustainable future! 🌱✨ #GreenEnergy #RenewableEnergy #Sustainability #GreenHydrogen #GreenAmmonia #CleanEnergy #GlobalInitiative #SustainableFuture #Innovation #RenewableSolutions #EnoviasIndustries #Enovias Achim WeberDaniel Kloeden

We look forward to supporting Oxford Flow in partnership with bp Ventures as the company scales up its operations. Methane emission reduction is one of the most cost-effective strategies for global greenhouse gas abatement. We believe Oxford Flow’s innovative valves and regulators are strategically important for upstream, midstream, and gas utility operators focused on minimizing fugitive emissions and lowering operating costs. We also see Oxford Flow playing an important role in enabling infrastructure for use-cases such as hydrogen, ammonia, and captured CO2. https://lnkd.in/eSN7GRAe

Kanadevia Inova, a global leader in solutions for the #energytransition and circular economy, announces the acquisition of London-based Iona Capital Ltd (ICL), along with a portfolio of 11 renewable gas plants in the UK and a substantial pipeline of projects globally.

Verde Clean Fuels secures investment for natural gas-to-gasoline projects #VerdeCleanFuels #CleanEnergy #PermianBasin #SustainableFuels #SyngasTechnology #DiamondbackEnergy #GreenInnovation

Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), has partnered with Friesen Elektra Green Energy AG to develop Project Anker, a green hydrogen production facility in Sande, Germany. The green hydrogen project near Wilhelmshaven is planned to feature an electrolysis capacity of 400 MW initially, with provisions to expand to 800 MW in the future. Felix Pahl, Partner at CIP, commented: “Project Anker has the potential to make an important contribution to Germany’s journey towards a carbon-neutral future. “At CIP, we continue to see a large potential in green hydrogen despite slower than expected market development, and we remain committed to investments in large-scale renewable infrastructure solutions to decarbonise energy-intensive industries. We look very much forward to bringing the project to realisation together with our new partners at Friesen Elektra and to a constructive collaboration with the German authorities.” Project Anker aims to produce 80,000 tons of green hydrogen per annum and will serve key industrial sectors, including steel and chemicals, as well as the transportation sector. Anker will be powered by renewable energy sourced from the grid, including offshore and onshore wind and solar power. “We are delighted to welcome CIP and its highly skilled, experienced team as a strategic investor and development partner in our Hydrogen Park Friesland,” added Christian Gaetje, CFO of Friesen Elektra. “This collaboration is a major step towards creating one of Germany’s premier hydrogen production sites. Together, we aim to accelerate the energy transition and advance decarbonisation by leveraging our combined strengths and expertise.” #cleanenergy

In this week’s #sustainableenergy rundown:   - Renewable developer Origis Energy brought in heavyweight Brookfield alongside Antin Infrastructure Partners with up to $1bn in new capital - EV battery manufacturer Sonocharge Energy closed a $23.5m raise led by Cycle Capital and Honda - Geothermal for HVAC player Bedrock Energy inked a $12m Series A from Titanium Ventures, Energy Impact Partners and Sustainable Future Ventures for it to roll out with real estate developers   Other M&A and capital raising news from Blackstone, Ares Management Corporation, ABB, Bain Capital, Amogy, LanzaTech, AGL, BeZero Carbon, and more.   #energytransition #decarbonization #electricvehicles #energystorage #renewableenergy #hydrogen #batterystorage #esginvesting #solarenergy #biofuels #carboncapture

The technology to produce renewable energy sources such as hydrogen “green hydrogen” with other renewable energy sources exist and if funded, invested in and supported; we can start our energy transition to renewables. #greenhydrogen #hydrogeneconomy #renewableenergy #energytransition #greenenergy #climatetech #innovation #technology #fundingthefuture