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US companies CPS Energy, Modern Hydrogen agree to work on clean power generation project

US companies CPS Energy, Modern Hydrogen agree to work on clean power generation project

Reuters5 days ago
July 22 (Reuters) - Texas-based utility firm CPS Energy on Tuesday said it entered into an agreement with energy company Modern Hydrogen on a new project to explore the potential for increasing electricity grid resiliency and enabling cleaner power generation from natural gas.
"CPS Energy will pilot Modern Hydrogen's technology to convert natural gas into clean hydrogen as an ongoing gas-decarbonization service," CPS Energy said in a statement.
Instead of burning natural gas and managing the resulting carbon dioxide emissions, Modern Hydrogen, which is based in Seattle, employs a process that breaks down the hydrocarbons in natural gas to produce hydrogen and solid carbon, CPS Energy said.
"The solid carbon is captured and reused in products like asphalt for infrastructure projects," it added.
CPS Energy has over 950,000 electric and 389,000 natural gas customers in San Antonio and portions of seven adjoining counties.
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Investors cautiously welcome US-Europe trade deal
Investors cautiously welcome US-Europe trade deal

Reuters

time5 minutes ago

  • Reuters

Investors cautiously welcome US-Europe trade deal

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Trump announces 'very powerful deal' with the EU
Trump announces 'very powerful deal' with the EU

Daily Mail​

time35 minutes ago

  • Daily Mail​

Trump announces 'very powerful deal' with the EU

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Donald Trump announces trade agreement with the European Union
Donald Trump announces trade agreement with the European Union

The Independent

timean hour ago

  • The Independent

Donald Trump announces trade agreement with the European Union

Donald Trump announced a trade agreement with the European Union. The agreement will cut tariff rates on imports from the EU to 15 per cent. Conversely, US exports to the EU will become tariff-free under the new arrangement. Trump made the announcement alongside European Commission president Ursula von der Leyen at his Turnberry golf course in Scotland. Further details regarding the agreement were not immediately released by the White House.

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