BHP has partnered with Pan Pacific Copper (PPC) – a member of JX Nippon Mining & Metals group, and Norsepower – a provider of auxiliary wind propulsion systems, to reduce GHG from maritime transportation between BHP’s mines in Chile and PPC’s smelters in Japan. The parties are conducting a technical assessment and plan a retrofit installation of wind-assisted propulsion system onboard the M/V Koryu, a combination carrier operated by Nippon Marine – a member of SENKO group. Norsepower’s Rotor Sails installation – a "push-button wind propulsion” system and estimated to be around ten times more efficient than a conventional sail that requires no reefing or crew attention when in operation – is scheduled for completion by the third quarter of 2023. This is expected to make M/V Koryu the cleanest vessel in its category when measured for GHG emissions intensity.
BHP Billiton's Chief Commercial Officer, Vandita Pant, said she looked forward to working with PPC on wind assisted propulsion systems to further reduce greenhouse gas emissions in our supply chain. Jukka Kuuskoski, CSO of Norsepower, said the partnership with BHP, PPC and Nippon Marine demonstrates a greater commitment to green operations, particularly in the bulk carrier market. Kazuhiro Hori, President of PPC, said the Koryu project is a valuable example of our collaboration and demonstrates the desire of both companies to build ecosystem partnerships to address the climate challenge. PPC launched its 'Sustainable Copper Vision' on 3rd August. Joining this partnership is part of the 'Reduce the Carbon Footprint of Copper (CFP)' campaign and is one of four initiatives committed to.
Net Zero Teesside Power and Keadby 3 Carbon Capture Power Stations have been selected to enter the due diligence phase of the Phase 2 cluster sequencing process. Aker Carbon Capture is currently providing FEED studies for these two large gas-fired power stations equipped with carbon capture, each with a capacity of up to 1.5 - 2 Mt of CO2 per year. As a carbon capture supplier, Aker is working with a consortium consisting of Siemens Energy and Doosan Babcock.
David Phillips, Head of UK and Investor Relations, said that the shortlisting through Stage 2 is a significant step forward in further establishing Aker Carbon Capture's business in the UK. Both projects will help to strengthen the UK's energy security, contribute to the decarbonisation of the industry and create jobs.
Bio-waste from all parts of the food industry can be converted into a direct substitute for a fossil gas - biomethane. The EU plans to replace more than a fifth of Russian gas imports in this way, creating energy security while reducing emissions. In recent years, the European biomethane industry has been poised to expand following a shift in production methods, with small on-farm digestion units being replaced by a new generation of large, purpose-built plants. Nature Energy, Europe's largest biomethane producer, has built plants that are 10 times larger than the industry average, so they produce gas far more efficiently than older models and capture methane effectively.
The EU's Repower strategy hopes to double biomethane production to 35 billion cubic metres by 2030. The European Biogas Association estimates that 1,000 large plants would need to be built in less than eight years and nearly €40 billion invested to meet the EU target. It is achievable with the right support even if it is difficult. The government should take three main steps, firstly to reform site planning and speed up development. Secondly, new regulations should direct bio-waste to biomethane plants within a 25 km radius to ensure that the industry has the feedstock it needs. Finally a mechanism to set a floor price would help to attract investment in the sector and accelerate the roll-out.
On Thursday 18 August, Ramirent’s new Green Power Centre in Oslo will officially open. As the market leader in machine rental, Ramirent Norge wants to pioneer emission-free rental in the greater Oslo area at Alnabru. A fully equipped customer centre will become a green factory in Greater Oslo. Most of the so-called "green machines" in the range can be used at Alnabru, and employees will also use their own fuel trailers to deliver environmentally friendly biodiesel to customers. Ramirent wants to support the circular economy, offering customers the advantage of leasing.
The Nordic countries are some of the most dynamic and successful economies in the world. They are also leaders in sustainability, from renewable energy, biofuels, carbon capture and storage and the hydrogen economy, circular economy business models and battery development, the Nordics are pioneers in policy design, technology development and consumer uptake. Mundus Nordic Green News is covering this transition for the international community. Every day we curate the stories of most relevance to international businesspeople and policy experts from the flow of news. Mundus Nordic Green Indices summarise the meta-data from our daily coverage to enable easy tracking of trends. We supplement these with our own opinion pieces and commentary.