New Midstream Milestones

New Midstream Milestones

Renewable energy, carbon capture, and hydrogen are the big buzzwords for oil and gas majors tasked with dramatically reducing their emissions in a green-conscious world. But as you’ve no doubt read, it’s not just the big boys or strictly E&Ps planning for and implementing their own transition to a future beyond conventional fuels. Midstream is right there, too, whether it’s Energy Transfer creating a renewables business or Enterprise Products partnering with Chevron to explore CO2 capture and storage opportunities. Reese Energy Consulting today is following the latest news in this realm from Tulsa-based Williams, which last year announced adding solar power to its natural gas pipeline and processing operations in nine states. Williams now will join forces with Denmark’s largest energy company Ørsted to co-develop hydrogen-based and renewable energy projects beginning in western Wyo., where Williams operates expansive infrastructure to transport and process gas. Potential initiatives could include large-scale wind, electrolysis for hydrogen production, and synthetic gas production.

What do you think? Learn more about REC and our natural gas expertise and services at www.ReeseEnergyConsulting.com.

Williams Companies

The Williams Companies, Inc., is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.

www.williams.com

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Plug Power Sees Green

Plug Power Sees Green

In our follow up to yesterday’s post on carbon capture and sequestration in the LNG industry, Reese Energy Consulting today turns our attention to the other kitchen table topic by those in the oil and gas industry—green hydrogen. Lots of talk in this space as well as hefty investments from renewables-focused private equity firms betting on a hydrogen-fueled economy. And Plug Power is. Hydrogen is considered the cleanest possible, non-polluting fuel with a menu that includes gray, blue, and green forms. But only green hydrogen is 100% carbon-neutral, and that’s where N.Y.-based Plug Power has gone all in to power its zero-emissions fuel cell tech for a growing electrified world. Plug Power in February announced construction of what will be North America’s largest green hydrogen production facility in N.Y., which will produce 45 metric tons of the stuff per day. This $290 million project will join the company’s existing Tennessee plant as part of the company’s goal to develop a green hydrogen network that supplies 500 tons a day by 2025.

 

Plug Power

Plug Power Inc. is an American company engaged in the development of hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity. The company is headquartered in Latham, New York, and has facilities in Spokane, Washington, and Rochester, New York.

www.plugpower.com

What do you think? Learn more about REC and our natural gas, LNG, and hydrogen expertise and services at www.ReeseEnergyConsulting.com.

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