Happy Friday!
1. California heat wave making nuclear look cool
Summer heat waves straining the energy grid in CA show just how important grid reliability is. Luckily, the California legislature took steps to keep the Diablo Canyon nuclear plant online to provide some much-needed baseload energy.
Last week, CA lawmakers voted on a slate of climate bills, including a decision to keep Diablo Canyon, the state’s last nuclear plant, operating for five more years
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Baseload sources like nuclear that operate 24/7 with zero emissions are necessary to maintain a constant source of clean, reliable energy, even during extreme weather.
“Maintaining and extending America’s existing nuclear power plants is not only smart, it’s proving essential,” said ClearPath CEO Rich Powell. “In the midst of heat waves and power shortages, California would be in a lot of pain right now without Diablo Canyon. Nuclear energy is reliable and emissions-free. In fact, analysis shows
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that maintaining the existing fleet would be the most affordable thing anyone can do to reach goals of net-zero emissions.”
Plug in: Rich explains the importance of nuclear and other baseload sources in RealClear Energy
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.
2. As Russia halts energy exports, American LNG can put its foot on the gas
Russia cut off gas supplies
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to Europe indefinitely this week, making American leadership in liquified natural gas (LNG) even more imperative.
In the first half of 2022, America was the world’s largest LNG exporter
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. Thankfully, the trend is set to continue as three new American LNG export projects are under construction on the Gulf Coast.
Golden Pass LNG
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, which began construction in 2019, is building standard liquefaction trains with peak production capacity of up to 0.8 billion cubic feet per day (Bcf/d).
Plaquemines LNG
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’s 24 mid-scale trains, each with 0.07 Bcf/d capacity, will use modular technology that will allow them to be constructed more quickly.
Corpus Christi Stage III
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is utilizing infrastructure from an existing LNG facility. Its 14 mid-scale trains have a peak capacity of 0.11 Bcf/d and will also use modular construction.
What’s clear The U.S. is in a unique position to lead global action on LNG and a number of clean energy sources
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, while creating jobs in new industries, reasserting technology and resources leadership over Russia and China, and driving down global emissions.
3. Capturing carbon from Indiana cement plant
American manufacturer Lehigh Hanson is planning a new carbon capture, utilization, and storage
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(CCUS) project at its Mitchell, IN cement plant.
Lehigh Hanson’s upcoming Front-End Engineering Design (FEED) study in advance of construction has received $3.7 million in funding from the Department of Energy’s Office of Fossil Energy and Carbon Management.
The study will evaluate cost, performance, and other impacts of the CCUS technology.
The proposed project would capture approximately 2 million tons of CO2 per year.
Construction on the project is expected to begin in early 2023.
What’s clear: Many American technology developers and cement makers are exploring how to apply CCUS technology to new and existing facilities
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thanks to legislation like the 45Q tax credit and bipartisan Energy Act of 2020.
4. ICYMI
U.S. natural gas company ConocoPhillips and Japanese energy company JERA are developing a hydrogen facility
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to produce and export clean ammonia.
Our CEO Rich Powell explains how NET Power’s innovative CCUS technology works in our latest educational video
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.
More American LNG companies are approved for operation
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in China – highlighting the need to deploy more American nuclear at home and worldwide.
More American LNG companies are investing in carbon capture
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technology.
That’s all from us. Thanks for reading and have a great weekend!
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