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Drax and Mitsubishi Heavy Industries Sign Pioneering Deal Towards Delivery of the World’s Largest Negative Emissions Project

TOKYO, Jun 10, 2021 - (JCN Newswire via SEAPRWire.com) - Drax Group and Mitsubishi Heavy Industries Engineering, Ltd., part of Mitsubishi Heavy Industries (MHI) Group, have agreed a long-term contract for Drax to use its carbon capture technology, the Advanced KM CDR processTM, in what would be the largest deployment of negative emissions in power generation anywhere in the world.Biomass domes at Drax Power Station (Image courtesy of Drax)The contract, which combines UK innovation and world-leading Japanese technology, will see Drax license MHI's unique carbon capture solvent, KS-21TM, to capture CO2 at its power station near Selby, North Yorkshire.Drax is already the largest decarbonisation project in Europe, having converted its power station to use sustainable biomass instead of coal, reducing its emissions by more than 85%. By deploying BECCS technology, Drax aims to go further - becoming carbon negative by 2030. The first BECCS unit at Drax could be operational as soon as 2027, supporting thousands of jobs across the North of England as soon as 2024, and capturing and storing at least 8 million tonnes of CO2 a year by 2030.Drax is the first company to sign a contract to deploy carbon capture technology at scale in the UK. The project combines MHI's proven and world-leading technology with offshore geological storage under the North Sea, helping the UK achieve its target to cut carbon emissions by 78% by 2035 and demonstrates global climate leadership ahead this weekend's G7 in Cornwall and of COP26 in Glasgow in November.As part of the agreement, MHI plans to locate its core CCS team at the company's European headquarters in London and explore additional employment opportunities in the UK in future. MHI is also looking at ways to strengthen its supply chain, including the potential production of its proprietary solvent in the UK.Drax has already successfully trialled MHI's carbon capture technology in a pilot that started in 2020 to test two of MHI's proprietary solvents (KS-1TM and KS-21TM).Will Gardiner, Drax Group CEO, said: "The world urgently needs to move from making climate pledges to taking climate action. This game-changing contract between Drax and MHI could contribute to a decade of global environmental leadership from the UK and provide further stimulus to a post-Covid economic recovery."Carbon capture technologies like BECCS are going to be absolutely vital in the fight against the climate crisis. Subject to the right regulatory framework being in place, Drax stands ready to invest further in this essential negative emissions technology, which not only permanently removes CO2 from the atmosphere but also delivers the reliable, renewable electricity needed for clean, green economic growth."Kenji Terasawa, President & CEO, Mitsubishi Heavy Industries Engineering, said: "We are very proud to have been selected as Drax's technology partner and we firmly believe that our carbon capture technology will make a significant contribution to the UK and wider global community achieving their net zero targets. We look forward to expanding our presence in the UK and developing a centre of excellence for the deployment of carbon capture technology across Europe, the Middle East and Africa region."MHI aims to continue reducing greenhouse gases globally by providing reliable and economically feasible carbon capture technology, supported by research and development activity over 30 years and commercial records around the world."With an effective negative emissions policy and investment framework from the government, BECCS could be deployed at Drax as soon as 2027 - delivering the UK's largest carbon capture project and permanently removing millions of tonnes of carbon dioxide from the atmosphere each year.Drax has already kickstarted the planning process to deploy BECCS at its power station in North Yorkshire - if successful, work could get underway to build BECCS at Drax as soon as 2024, with the creation of thousands of jobs. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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NextDecade and Mitsubishi Heavy Industries America Execute Engineering Services Agreement for Carbon Capture at Rio Grande LNG Project in Texas

Houston, TX, Apr 15, 2021 - (JCN Newswire via SEAPRWire.com) - NextDecade Corporation (NextDecade) (NASDAQ: NEXT) and Mitsubishi Heavy Industries America, Inc. (MHIA), part of Mitsubishi Heavy Industries (MHI) Group, have announced today that they have signed an engineering services agreement (ESA) for the design, license, and performance guarantee of the KM CDR ProcessTM, a post-combustion carbon capture technology to be applied at NextDecade's Rio Grande LNG project in the Port of Brownsville, Texas.Last month, NextDecade announced its wholly owned subsidiary, NEXT Carbon Solutions, is developing one of the largest carbon capture and storage (CCS) projects in North America at Rio Grande LNG. NEXT Carbon Solutions' CCS project at Rio Grande LNG is expected to enable the capture and permanent geologic storage of more than five million tonnes of carbon dioxide (CO2) per year.MHI Group has developed the KM CDR ProcessTM, owned by Mitsubishi Heavy Industries Engineering, Ltd., part of the industrial group, over three decades and has deployed 13 carbon capture systems around the world, including the world?s largest post-combustion carbon capture facility that is comparable in size to the first phase of the carbon capture project at Rio Grande LNG."We are pleased to have executed an ESA with MHI Group, a widely recognized leader in commercial-scale carbon capture technology," said Matt Schatzman, NextDecade's Chairman and Chief Executive Officer. "MHI Group's carbon capture solution is an ideal complement to NextDecade's proprietary processes. We look forward to working with MHI Group on the CCS project at Rio Grande LNG, which we expect to be the greenest LNG project in the world.""We are proud to work with NextDecade on this world leading project," said Yoshihiro Shiraiwa, MHIA's President and Chief Executive Officer. "This will be the world?s first application of post-combustion capture for LNG, and we expect this initiative will contribute to realizing carbon neutrality in the years ahead. MHI Group is committed to being an innovative solution provider as the energy industry transitions to lower carbon options. We will work diligently with NextDecade to bring this project to fruition."Through NEXT Carbon Solutions? CCS project at Rio Grande LNG, NextDecade and MHIA will contribute to solving the global challenge of effectively reducing greenhouse gas emissions.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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MHI Invests in Infinium, an Electrofuels Solution Provider, to Accelerate Efforts to Decarbonize the Transportation Sector

TOKYO, Jan 27, 2021 - (JCN Newswire) - Infinium's proprietary technology enables the production of ElectrofuelsTM, a clean fuel allowing organizations to meet carbon reduction goals faster while accelerating the transition away from fossil fuels. Converting carbon dioxide and renewable power into net-zero carbon fuels, ElectrofuelsTM can be used in todays air, maritime, and surface transportation fleets.MHI Group is committed to strengthening and diversifying its CO2 capture and utilization business this investment in Infinium helps ensure the energy transition's success toward carbon neutrality on a global scale. MHI joins a consortium of investors including Amazon's Climate Pledge Fund, AP Ventures, Neuman & Esser Investments, and the Grantham Foundation."These investments are critical to making continued progress toward global carbon neutrality goals," said Yoshihiro Shiraiwa, President and CEO, Mitsubishi Heavy Industries America. "We are proud to partner and collaborate with this group of industry leaders to build on the progress we have already made toward accelerating the energy transition."Nearly a quarter of global carbon emissions stem from the transportation sector, posing a significant challenge in industry efforts to reduce emissions. New business mandates that include corporate climate commitments and ESG investing have increased the demand for low-carbon transportation alternatives. While technologies such as electrification, carbon offsets, carbon capture and hydrogen fuel cell technology are part of the solution, they do not fully address transportation's carbon reduction needs.Infinium's ElectrofuelsTM are "drop-in" replacements for traditional petroleum-derived products. Infinium's fuels enable commercial transportation industry and logistics operators to make an immediate impact on carbon reduction targets without capital and time-intensive upgrades to transportation infrastructure."Backing from the largest hydrogen-focused venture capital firm in the world, AP Ventures, is a huge vote of confidence for the promise of electrofuels and our technology's ability to scale in order to meet todays urgent climate challenges," said Robert Schuetzle, Chief Executive Officer, Infinium. "We're thrilled to be working with Amazon and MHI to demonstrate the commercial impact of our technology as well as other investors in this round. We expect that current projects under development will be the first broad-scale utilization of electrofuels by commercial vehicles and we're working with MHI to bolster the company's hydrogen utilization and carbon capture efforts through the production of our ElectrofuelsTM."Infinium is developing commercial applications of its technology with strategic partners to build ElectrofuelsTM production plants, focusing first in markets where low-cost renewable power generation coincide with large CO2 volumes.About InfiniumBased in Sacramento, Infinium offers one of the only market-ready, renewables-based electrofuels solution that can decarbonize transportation at scale using todays infrastructure. Infinium's ElectrofuelsTM are a net-zero carbon alternative to existing liquid fuels that can immediately "drop in" and be used in plane, ship and truck fleets. For more information, visit www.infiniumco.com. Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com

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Low Carbon on Cement Possible with CCS

Edmonton, Alberta, Jan 22, 2021 - (JCN Newswire) - A low carbon future for cement is advancing through a unique feasibility study to see carbon capture and storage (CCS) on Lehigh Cement's plant in Edmonton, Alberta. Recognizing the substantial role that large-scale CCS has in reducing greenhouse (GHG) emissions, the Lehigh Cement, International CCS Knowledge Centre (Knowledge Centre), and Mitsubishi Heavy Industries America (MHIA), part of Mitsubishi Heavy Industries (MHI) Group, are moving forward with the engineering design for this feasibility study of the cement plant's carbon capture system.A first for the North American cement industry, the Lehigh CCS Feasibility Study looks at the viability of capturing 90-95 per cent of the carbon dioxide (CO2) - an estimated 600,000 tonnes of CO2 annually - from the cement plant's flue gas. The study is also a first for each of these organizations in North American all of whom pledge to actively work toward decarbonization.The study is timely as the recently released Canada Climate Plan specifically indicates that it will develop a comprehensive CCS strategy and explore other opportunities to help keep Canada globally competitive in this growing industry.With experience gained through the design, construction, operation, and subsequent enhancements/modifications of the SaskPower Boundary Dam 3 CCS Facility (BD3 Facility), the Knowledge Centre, along with MHI Group and their collaborative work on the Shand CCS Feasibility Study, continue to be at the forefront of post-combustion capture processes globally and see an opportunity for CCS across post-combustion industries.Due to the remarkable similarities in flue gases, the expertise acquired at the BD3 Facility can be adapted to the cement sector with experienced-based guidance from the Knowledge Centre. The Lehigh CCS Feasibility Study will look to an engineering design that tailors the carbon capture technology owned by Mitsubishi Heavy Industries Engineering (MHIENG), part of MHI Group, so called KM CDR ProcessTM being deployed at 13 commercial plants globally, for integration with Lehigh's plant and output specifications, such as a flue gas pretreatment system and the carbon capture and compression process. In addition to eliminating the majority of CO2 emissions, the capture system would also eliminate other flue gas particulates.With cement demand on the rise and as a sector that is challenged with further abating emissions, large-scale CCS could well become the definitive solution to cut GHGs. The Lehigh CCS Feasibility Study explores the value of this for the cement industry, by encompassing engineering designs, cost estimation and an in-depth business case analysis.For the full release, visit https://www.mhi.com/news/21012102.html. Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com

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