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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KM Launches New Clean Venture

KM Launches New Clean Venture

Not quite nine months ago only a handful of midstream operators dipped their collective toe in the renewables waters by adding solar and wind to power operations. A low-carbon future and its writing on the wall already had spurred actions and investments by Big Oil and a few larger independents to include renewable strategies and carbon capture in their infrastructure. Some pipeline operators also responded by implementing (operative word here) renewables where they made sense in sunny or windy locales. Pipeline giant Kinder Morgan, however, has a bigger plan for its adaption to the energy transition. Reese Energy Consulting today is following the latest news from Houston-based KM that not only looks to implement a full array of clean-fuel options into its midstream operations but commercialize them. The company’s newly formed Energy Transitions Ventures group will pursue and develop a combo platter of alt-energies and new tech to include carbon capture and sequestration, hydrogen, renewable natural gas, renewable power generation, renewable diesel production, and electric transmission.

 

Kinder Morgan

Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. The company specializes in owning and controlling oil and gas pipelines and terminals. Kinder Morgan owns an interest in or operates approximately 85,000 miles of pipelines and 152 terminals.

www.kindermorgan.com

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

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‘We’ll Take Natural Gas for $500, Alex’

‘We’ll Take Natural Gas for $500, Alex’

Following last week’s Texas debacle, common sense suggests that every form of energy—fossil fuels, nuclear, and renewables—are, and will be, critical to fuel the world in the foreseeable future. Not one, not two, but all the above at work to power and heat homes and industries, avoid catastrophic outage events, and still reduce emissions. Reese Energy Consulting today is studying the latest news from the IEA that sets out the huge role natural gas will continue to play as both a primary and transitional fuel well into 2050. According to the report, U.S. gas consumption by the industrial sector alone will increase by 3.6 TCF—or 35%–between 2020 and 2050 and account for more than 75% of the 4.6 TCF growth in production. Our fast-growing chemicals industry will consume a mighty chunk of that gas for use as feedstock with the power sector following close behind. The IEA also expects natural gas to pick up more steam beyond 2040 as the dominant fuel for heavy-duty vehicles, freight rail, and LNG production.

What do you think? Learn more about Reese Energy Consulting and our range of natural gas services and decades-long expertise at www.ReeseEnergyConsulting.com.

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