Automation in the Energy Sector: Opportunities and Obstacles
Keeping energy production and distribution running smoothly is no easy task. Without automation, everything relies on manual labor. What it does is slow down operations, waste resources, and, if anything, make it harder to respond to disruptions. Automation mixed with predictive analytics changes that. It detects issues before they cause failures. How does it help? […]
BKV and CIP Announce Carbon Capture JV With USD 500mn Investment
BKV Corporation recently announced the formation of a strategic joint venture between BKV dCarbon Ventures, LLC, BKV’s wholly-owned subsidiary, and Copenhagen Infrastructure Partners (“CIP”), on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration (“CCUS”) projects. CIP, on behalf of its Energy Transition Fund I, has agreed […]
Aramco & Rondo Energy partner on gigawatt-scale thermal storage
Aramco, one of the world’s leading global energy and chemicals company, entered into a Memorandum of Understanding (MoU) with Rondo Energy, the leading provider of lower-carbon industrial heat and power. The companies have started engineering studies for the first industrial-scale deployment of Rondo Heat Batteries that would contribute to the reduction of emissions from Aramco […]
Samsung Engineering And Svante Forms Alliance For CCUs Projects in Asia and ME
Samsung Engineering and Svante Technologies Inc. (Svante) recently announced the signing of a memorandum of understanding (MoU) to collaborate to identify, develop, and deliver commercial carbon capture, utilization, and storage (CCUS) projects in Asia and the Middle East (ME), targeting hard-to-abate heavy industries including cement, steel, hydrogen, fertilizer and more, using Svante’s novel solid sorbent-based […]
