Most recently, Chevron plays a critical role with the Partnership's initiative, Houston Energy Transition Initiative (HETI), a coalition focused on leveraging Houston's industry leadership to accelerate global solutions for an energy-abundant, low carbon future. Comprised of more than 950 companies and organizations, the Partnership's membership is dedicated to the region's success and includes, global energy leader, Chevron.Īs a longstanding member of the Partnership, Chevron has actively engaged in the organization's extensive offerings and events. The Greater Houston Partnership serves as Houston's front door, providing opportunities for businesses and organizations to expand their professional networks and participate in impactful work that aims to position the region as the best place to live, work and build businesses. Calpine would like to thank the DOE as well as our state and local officials and community partners for their ongoing support,” said Caleb Stephenson, Calpine EVP Commercial Operations.ĭiscover more about Houston’s role in the energy transition. Facilities like Baytown will be part of our energy infrastructure for the foreseeable future, and now with CCS technology, we can decarbonize them. “Cogeneration facilities like Baytown provide firm, dispatchable, non-duration-limited electric and steam supply to reliably power the electric grid and industry. This project follows the recent announcement of the DOE selecting Houston as the site of one of the seven regional clean hydrogen hubs in the nation. The project aims to boost these efforts, expecting to create 22-26 permanent jobs and 1,500,000 hours of construction jobs, according to the DOE. The Baytown project is part of the DOE’s Carbon Capture Demonstration Projects Program, an effort to accelerate the deployment of carbon management technologies and the creation of manufacturing jobs to support the clean energy sector. “Carbon capture is an important technology for decarbonizing the electricity sector and the economy.” “We are very pleased and honored that the DOE has recognized the quality of this project and the strength of Calpine’s CCS program,” said Thad Hill, CEO of Calpine Corporation in a press release. The project might also utilize greywater to minimize freshwater consumption. The DOE states that once captured, the carbon dioxide will be transported and sequestered in saline storage sites on the Gulf Coast. The project will help reduce the intensity of emissions from turbines and auxiliary boilers at a design capture rate of 95% at the company’s 896-megawatt facility – Baytown Energy Center, which provides steam and power to Covestro chemicals manufacturing facility as well as power to the Texas electric grid. This amount is equivalent to the annual emissions of nearly 450,000 gasoline-powered cars, according to the DOE. Through a cost-sharing agreement, Calpine will receive up to $270 million to capture and store approximately two million metric tons of carbon dioxide every year using Shell’s CANSOLV solvent. Houston-based Calpine was selected by the Department of Energy (DOE) to build a commercial-scale carbon capture and storage (CCS) project in Baytown – advancing the region’s position as the energy capital of the world.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |