Resource logo with tagline

AltaGas details Washington green hydrogen project plans

AltaGas, selected to receive funds as part of the DOE hydrogen hubs program, is moving ahead with a green hydrogen project in Washington state.

Canadian energy company AltaGas detailed its plans for a green hydrogen production and storage facility at the site of a former aluminum smelter in Washington state.

“If brought to full fruition, the AltaGas Ltd. project could cost $850 million to $1 billion and provide hundreds of living wage jobs in Whatcom County during its construction phase,” The Bellingham Herald reported, citing a company official.

AltaGas was selected to receive funds as part of the $1bn DOE grant for a hub in the Pacific Northwest.

The facility would produce 100 metric tons of hydrogen per day from wind and solar energy, the paper reported.

Unlock this article

The content you are trying to view is exclusive to our subscribers.
To unlock this article:

You might also like...

Ballard Power Systems makes senior leadership changes

The Canadian fuel cell developer has appointed Mark Biznek as chief operating officer.

Ballard Power Systems has appointed Mark Biznek as chief operating officer (COO), effective immediately, according to a press release.

During the past 10 years, Mark served in various leadership roles for Kohler Power Systems, including as general manager of Marine & Power Solutions, as vice president of Global Operations & Supply Chain, and as vice president of Operations & Engine Development.

He previously held manufacturing and strategy leadership roles at Mercury Marine (marine engines). In his earlier career, Mark served in various operations and engineering roles at Delphi (lithium batteries) and GE Aviation (aircraft engines). Mark has significant experience developing global manufacturing strategies, having had accountability for manufacturing facilities in the United States, France, China, India and Singapore.

Randy MacEwen, Ballard’s president & CEO, commented, “We are excited to welcome Mark to the Ballard team. Mark brings over 30 years of manufacturing and operations experience in the engine industry. His leadership experience across the business including supply chain, marketing, business development, and global operations will be a huge asset to Ballard’s operations as we prepare for commercial scale manufacturing.”

“With Mark’s appointment, Jyoti Sidhu, previously serving in the joint leadership role of senior vice president, chief people officer and senior vice president, Operations, will fully transition to the role of SVP, chief people officer. We are excited to have Jyoti fully leverage her operational insight into her CPO responsibilities and to support an orderly transition of Operations to Mark,” MacEwen added.

Read More »

Danish partnership constructing green ammonia project

Danish companies Topsoe, Skovgaard Energy and Vestas have started construction of a demonstration plant in Lemvig, Denmark, that will produce green ammonia,

Danish companies Topsoe, Skovgaard Energy and Vestas have started construction of a demonstration plant in Lemvig, Denmark, that will produce green ammonia, according to a news release.

The plant will generate more than 5,000 ton green ammonia annually from 50 MW of new solar and 12 MW of existing wind.

The partnership has received DKK 81m from the Danish Energy Technology Development and Demonstration Program (EUDP).

“An important part of the climate action plan for Lemvig Municipality is to turn the areas’ many energy resources from wind and sun into new green fuels or other future potentials,” the release states.

The plant will be designed to adapt to fluctuations in power output from wind turbines and solar panels.  This will be done by integrating wind, solar, and electrolysis with an ammonia synthesis loop. In addition, the renewable energy generation will be connected directly to the national grid.

Read More »

Trafigura renews call for carbon levy to support clean fuels for shipping

The global trading firm had previously proposed a carbon price of $250 – $300 per tonne for carbon fuel oils for shipping.

Global commodity trader Trafigura Group renewed its call for a tax on carbon fuel oils used for shipping in an effort to speed decarbonization of the maritime industry.

The trader, which previously proposed a carbon levy of $250 – $300 per tonne, called on the UN’s International Maritime Organization, a shipping regulator, to revise its GHG policy and implement a carbon levy in a review of the organization’s carbon policy this year.

“By agreeing and implementing ambitious science-based decarbonization targets in its revised GHG Strategy, the IMO can accelerate the development of low- and zero-emission fuels and attract the investment needed to overhaul the infrastructure of the global shipping industry and retrofit or build a fleet of ships,” Trafigura said in the white paper.

Trafigura calls on the IMO to introduce an agreed-upon carbon price by 2025.

Read More »
exclusive

EverWind in capital raise for Nova Scotia wind-to-hydrogen complex

EverWind Fuels is soliciting investor bids for a $1bn initial phase of its Point Tupper renewables and hydrogen/ammonia production facility in Atlantic Canada.

EverWind Fuels, the Canada-based renewable fuels developer, is preparing to launch a process to raise an estimated $800m in debt for its Point Tupper ammonia production and export facility near Halifax, according to two sources familiar with the matter.

Citi and CIBC are mandated on the raise.

The company is seeking capital from a variety of investors, one of the sources said. The raise will likely conclude around the middle of the year with Citi stepping up for part of the debt quantum.

EverWind is also in talks with Canadian Infrastructure Bank, one of the sources said.

EverWind, Citi, CIBC and CIB did not respond to requests for comment.

Nova Scotia’s Minister of Environment and Climate Change recently approved the Point Tupper Green Hydrogen/Ammonia Project – Phase 1. Construction should begin this year on phase 1 of the project, consisting of a 300 MW electrolysis plant along with a 600 tonnes-per-day ammonia production facility. The project also involves construction of a liquid ammonia pipeline to a jetty for international shipping and a 230 kW substation that will bring in electricity.

Government support for the project is leading to offtake agreements needed to build out a hydrogen supply chain at scale, a third source said. The project is nearing a $200m offtake agreement for green hydrogen with a large global manufacturer, this source added.

The German groups E.ON and Uniper said in August that they aim to buy up to 500,000 tonnes per year of ammonia each from EverWind, starting in 2025, when the project is set to begin production.

Read More »

Exclusive: CO2-to-SAF tech firm in new capital raise

A technology company with a novel process to convert CO2 into fuels and chemicals is extending a capital raise that previously closed with inputs from several oil and airline majors.

OXCCU, the UK-based clean fuels production company, is extending a Series A raise it closed last year with an eye on growth in the US, CEO Andrew Symes told ReSource. 

The raise, characterized as a Series A2 by Symes, is being conducted in-house, he said. It builds on the GBP 18m (USD 22.7m) Series A it finished last year, led by Clean Energy Ventures.

Aramco, ENI and United Airlines are also among the company’s backers.

OXCCU, a spin out of Oxford University, plans to raise additional money to scale its catalytic process converting hydrogen and carbon dioxide into sustainable aviation fuel (SAF) and other products. A patent grant, filed in 2020, is anticipated this year.

“We don’t want to be the project developer, we want to license to the project developer,” Symes said of the company’s business model.

Fuel made combining carbon dioxide (captured from industry or power plants) with green or clean hydrogen will be cheaper based on OXCCU’s iron-catalyst process, Symes said, which requires one step instead of the traditional two-step process.

OXCCU is looking for partners to engage with on sustainable aviation fuel (SAF) projects in the US, Symes said. This year the company will deliver a pilot plant in the US and plans to complete a 160 kilogram-per-day plant in Sheffield, UK in 2026.

Read More »

Exclusive: E-fuels developer raising $500m

A developer of green hydrogen for e-fuel products is looking for a more diverse set of backers for a recently launched Series C capital raise.

Ineratec, the German power-to-liquid fuels developer and technology provider, has launched a $500m Series C and could take on a US-based financial advisor to help, CEO Tim Boeltken said in an interview.

German boutique Pava Partners helped Ineratec on its $129m Series B, which was led by Piva Capital. The Series B raise, which was announced in January, also included participation from HG Ventures, TDK Ventures, Copec WIND Ventures, RockCreek, Emerald, Samsung Ventures as well as the increased support from current investors, including global corporates like ENGIE New Ventures, Safran Corporate Ventures and Honda.

The Series C can include equity, debt and project finance, Boeltken said.

The company, which takes a modular approach to fuels production, serves customers in Switzerland, Spain and Finland. Its e-fuels process involves two main steps: first, turning CO2 and hydrogen into synthesis gas, then using a second reactor to turn the synthesis gas into liquid and solid hydrocarbons, according to its website.

Growth in the US would include eventual rollout of its 100 MW commercial unit, none of which have been built to date. Now the company is focused on its 10 MW commercial units, following completion of a 1 MW industrial plant operating now.

In the next month Ineratec will be scouting locations in the US, Boeltken said, adding the the company is “hoping for many, many US installations” with eyes on additional applications in South America and Japan. The company also intends to establish a US headquarters.

Sites in New York and California are of first interest but there are also growth intentions in Texas, Washington state and Appalachia.

Ineratec is currently raising project finance for a “triple-digit” million capex project in the Europe, he said.

Read More »

Welcome Back

Get Started

Sign up for a free 15-day trial and get the latest clean fuels news in your inbox.