npressfetimg-2362.png

Honeywell, University of Texas partner to scale new carbon capture technology – S&P Global

Highlights

Amine solvent-based carbon capture is ‘most advanced’: IEA

The technology will be marketed to hard-to-abate sectors

A new carbon capture technology created by researchers at the University of Texas is now in the hands of the multinational technology company Honeywell, who said Dec. 15 that it plans to commercialize and scale the technology around the world.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The university’s Texas Carbon Management Program licensed its patented advanced solvent solution to Honeywell, which the company says it will market to power utilities and steel, cement and other hard-to-abate heavy industries.

The technology uses a patented amine solvent that the university says can lower the cost of carbon capture through capturing emissions from combustion flue gasses. The technology absorbs CO2 into an amine solvent at the point source, then strips the CO2 from the solvent and compresses it for geological sequestration or other uses.

The lower cost is based on comparing the technology’s capital and operating costs against other solvent-based technologies while factoring in carbon capture tax credits, Honeywell said. Under Section 45Q of the US tax code, projects that capture carbon for permanent sequestration receive a $50/mt tax credit, while carbon capture projects in the UK and Europe receive an average $60/mt.

According to Honeywell, advanced solvent carbon capture technology applied to a typical power plant with a 650 MW capacity can capture about 3.4 million mt of CO2 annually.

“We are thrilled that our decades of research has led to carbon capture technology that can significantly reduce carbon emissions,” said chemical engineering professor Gary Rochelle of UT. “The licensing agreement with Honeywell enables us to commercially scale this in ways that can make major contributions toward zero emissions efforts to address global warming and to reduce pollutants in surrounding communities.”

Carbon capture technologies using chemical absorption techniques are one of the most widely used capture technologies worldwide and is used in a number of small and large-scale projects. Chemical absorption using amine solvents is the “most advanced CO2 separation technique,” according to the International Energy Agency.

There are seven other principal CO2 capture technologies, although majority of them are in demonstration or pre-commercial stages, the agency says.

The second-most popular capture technology uses a physical separation technique, where carbon is absorbed into a surface, then released using increased temperatures or pressures. This method is primarily used in natural gas processing plants and ethanol, methanol and hydrogen production, according to the agency. Nine commercial plants around the globe utilize physical separation technology.

Source: https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/121521-honeywell-university-of-texas-partner-to-scale-new-carbon-capture-technology

Leave a Reply

Your email address will not be published. Required fields are marked *

Releated

npressfetimg-5511.png

No, 5G technology does not cause COVID-19 symptoms – PolitiFact

Since the beginning of the pandemic, various attempts to connect COVID-19 with 5G technology have circulated across social media. We’ve fact-checked several of these false claims.

Another iteration of these problematic assertions resurfaced in the form of a paper published on Sept. 29, 2021, in the Journal of Clinical and Translational Research.

“Their analysis revealed a clear overlap between the effects of wireless communication technologies on the human body and the symptomatology of COVID-19 disease,” a blog post on the paper said. “In other words, the electromagnetic radiation from wireless technologies, including and especially 5G, can cause the same symptoms as COVID-…….

npressfetimg-5482.png

Techopia Live: Determining the Trustworthiness of AI Technology – Ottawa Business Journal

As more and more companies are incorporating artificial intelligence into their daily business, few consider how they’ll monitor or mitigate its potential biases and risks until after an issue is identified. On Techopia Live, host Sherry Aske spoke with Niraj Bhargava, the CEO of Ottawa’s NuEnergy AI, a software enterprise that aims to help organizations measure and manage trust in their AI technology. The following is an edited transcript of the interview.

OBJ: Niraj, what is your elevator pitch for NuEnergy AI?

NB:┬áNuEnergy AI is Canada’s leader in AI governance. We uniquely dedicate our AI and governance experience and expertise to help build and deliver gua…….