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Billions in Federal Funding Earmarked for Power Plant CCS Projects: Here’s a Snapshot

by David | Oct 3, 2024 | Energy News

The Department of Energy (DOE) unveiled plans on Sept. 27 to inject $1.3 billion into its portfolio of federally funded carbon capture demonstration and large-scale pilot programs by the end […]

The post Billions in Federal Funding Earmarked for Power Plant CCS Projects: Here’s a Snapshot appeared first on POWER Magazine.

Lignite Coal Power CCS Project in North Dakota Gets First Tranche of $350M Federal Funding

by David | Oct 3, 2024 | Energy News

Project Tundra, a demonstration project that seeks to capture an average of 4 million tons of carbon dioxide from flue gas from two lignite-fired units at the 705-MW Milton R. […]

The post Lignite Coal Power CCS Project in North Dakota Gets First Tranche of $350M Federal Funding appeared first on POWER Magazine.

Origin Energy to exit hydrogen project in NSW citing slow market development 

by David | Oct 3, 2024 | Energy News

The project was intended to deliver a commercial-scale hydrogen supply chain in the industrial and port precinct in Newcastle, Australia.

Powin secures $200m from KKR to boost energy storage growth

by David | Oct 3, 2024 | Energy News

Powin, a provider of energy storage solutions, has secured a revolving credit facility of up to $200m, primarily from insurance accounts managed by investment company KKR.

Axess Technologies secures cable installation contract for Thor offshore project

by David | Oct 3, 2024 | Energy News

Axess Technologies has secured a significant contract with HSM Offshore Energy for the installation of platform cables at the 1060MW Thor offshore wind farm in Denmark.

RWE initiates construction of 450MW energy storage in Texas

by David | Oct 3, 2024 | Energy News

RWE has commenced construction on three battery energy storage systems (BESS) with a combined capacity of 450MW in Texas, US.

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