Origen Power received a £1 million grant to eliminate carbon dioxide from the air

21/03/2018 16:30 CO2

news

Origen Power aims to develop a new technology, called Greenhouse Gas Removal, capable to eliminate carbon dioxide emissions during power generation. 

The UK government offered £1 million to the clean energy firm, to help build a 400-kW prototype plant in partnership with Arcola Energy and lime producer Singleton Birch in the UK.


The process supplies natural gas to a high-temperature fuel cell, of which around 50% is transformed into electricity and the rest is converted into heat, which is used to decompose limestone into lime and carbon dioxide. The created carbon dioxide is stored underground, while the lime is used further to absorb greenhouse gas from the air. 


The method offers cost-effective (£40/MWh) and carbon-negative (- 600kg/MWh) electricity. 


The company mentioned that to achieve Paris Agreement goals on limiting temperature increases to between 1.5 and 2° C, around 600-800 billion tons of CO2 should be removed from the atmosphere using technologies of this type.
 

Turkey resumes oil import from Iran

10/01/2019 09:10:00

Turkey has resumed imports of Iranian crude oil under the U.S. sanctions waiver, according to the trading and shipping sources.

<READ MORE

Daily (09.01.2019): German spot power contract was 15.9% higher on Tuesday on low wind output

09/01/2019 11:48:00

The strong upward evolution in oil prices on Tuesday was caused mainly by OPEC-led crude production cuts. The bullish trend was also backed by signs of progress in U.S.-China trade talks. Officials of the world’s two biggest economies expressed optimism on resolving the dispute. Brent crude soared by 2.4% to $58.72 a barrel, while WTI crude jumped by 2.6% to $49.78 a barrel.

READ MORE

Renewables power in German public supply tops 40% in 2018

09/01/2019 09:16:00

Renewables were responsible for 40.4% of Germany’s net electricity production on the public grid last year and ranked as the second largest power generation source, a new report shows.

READ MORE