Latest news with #CO2reduction
Zawya
3 days ago
- Business
- Zawya
Najor multi-university study demonstrates how gas turbine power plants can reduce CO₂ emissions
RAS AL KHAIMAH, UAE: In a ground-breaking study, six researchers from universities from five countries, including one from the American University of Ras Al Khaimah (AURAK), have demonstrated that through a hybrid plant design gas turbine power plants can significantly reduce CO₂ emissions, as well as trigger higher efficiency and lower costs. Gas turbine power plants are a cornerstone of global energy production, responsible for generating nearly half of the world's electricity; however, they have an adverse environmental impact, contributing 15% of all energy-related CO₂ emissions. In the new study, the researchers propose a hybrid plant design that delivers an 18% reduction in hourly operating costs and a 1.2-year payback, making retrofits to existing gas-turbine facilities financially compelling, as well as a 27% drop in CO₂ emissions. Notably, this system surpasses traditional waste heat recovery by utilizing a Rankine cycle for enhanced power generation. It leverages previously unexplored techniques for further efficiency gains by utilizing the remaining heat to power an absorption chiller and capturing condenser heat loss through a thermoelectric generator. This multi-stage heat recovery approach enables the system to deliver triple benefits, including electricity, cooling, and hydrogen production. Additionally, a portion of the generated electricity is employed for seawater desalination using a reverse osmosis (RO) method. Dr. David A. Schmidt, President of AURAK, said: 'It is a matter of great pride to see one of our researchers contributing to this important study that has the potential to help reduce global warming. It is an endorsement of the high level of research work being conducted at AURAK as part of our focus on pursuing research that leads to practical solutions. Such activity will serve to inspire our young graduates to develop actionable insights as they carry on their academic work.' Dr. Uday Kumar Nutakki, Associate Professor of Chemical Engineering and Chief Sustainability Officer, at AURAK, said: 'The proposed hybrid gas turbine plant is not merely theoretical, it's actionable. Each subsystem was validated against industry benchmarks, with deviations of less than 1.5%, demonstrating model accuracy. By leveraging off-the-shelf technologies at realistic operating conditions, the design aligns with current manufacturing capabilities.' The interdisciplinary study was conducted by researchers working from their respective universities. Researchers from the Yantai Institute of Technology (China) led the AI-based multi-objective optimization using genetic algorithms and the LINMAP decision-making method. Dr. Uday Kumar, as co-author from AURAK designed and integrated the reverse-osmosis desalination subsystem. Tashkent State Pedagogical University (Uzbekistan) researcher handled the baseline gas-turbine and Rankine-cycle thermodynamic modelling. Research collaborator from King Saud University (Saudi Arabia) developed and economically evaluated the PEM-electrolyzer unit. And, researcher at the Islamic University of Najaf (Iraq) contributed design of the absorption-chiller and low-temperature tri-generation loop. Each team built and validated their module, then collaborated through shared repositories and regular virtual meetings to deliver a fully integrated thermodynamic-economic framework. According to Dr. Uday Kumar, the research consortium will continue to advance this breakthrough by collaboratively iterating on the integrated design, leveraging regular optimization cycles with genetic-algorithm and LINMAP methods, refining control strategies through AI-driven load and maintenance forecasting, and validating performance in a pilot-scale implementation. By maintaining a shared codebase for real-time integration and incorporating feedback from industry stakeholders, the team will ensure that each enhancement aligns with both commercial and environmental goals, progressing from recommendations in the study towards a field-ready system. The research findings were published in Process Safety and Environmental Protection (IF: 7.8), Vol. 189 (2024), pp. 204–218. The manuscript was received in March 2024 and accepted in June 2024. Full citation: Li, Shuguang, Yuchi Leng, Tirumala Uday Nutakki, Sherzod Abdullaev, Yasser Fouad, and Merwa Alhadrawi. 'Intelligent Optimization of Eco-Friendly H₂/Freshwater Production and CO₂ Reduction Layout Integrating GT/Rankine Cycle/Absorption Chiller/TEG Unit/PEM Electrolyzer/RO Section.' Process Safety and Environmental Protection 189 (September 2024): 204–218. -Ends- About the American University of Ras Al Khaimah The American University of Ras Al Khaimah (AURAK), located in the United Arab Emirates, is a non-profit, public university that offers a comprehensive set of accredited and internationally recognized undergraduate and postgraduate programs. With a focus on holistic education and practical knowledge, AURAK prepares students to become global citizens who are innovators in their respective fields. Through partnerships with top global universities and organizations, AURAK provides students unparalleled opportunities to gain international exposure and experience. This press release is issued on behalf of the American University of Ras Al Khaimah (AURAK) by Communicate Gulf FZE, SRTI Park, Sharjah, UAE. For media queries, please contact PR Consultant Anthony D'Silva Email: anthony@
Al Bawaba
3 days ago
- Business
- Al Bawaba
Major Multi-University Study Demonstrates How Gas Turbine Power Plants Can Reduce CO₂ Emissions
In a ground-breaking study, six researchers from universities from five countries, including one from the American University of Ras Al Khaimah (AURAK), have demonstrated that through a hybrid plant design gas turbine power plants can significantly reduce CO₂ emissions, as well as trigger higher efficiency and lower turbine power plants are a cornerstone of global energy production, responsible for generating nearly half of the world's electricity; however, they have an adverse environmental impact, contributing 15% of all energy-related CO₂ emissions. In the new study, the researchers propose a hybrid plant design that delivers an 18% reduction in hourly operating costs and a 1.2-year payback, making retrofits to existing gas-turbine facilities financially compelling, as well as a 27% drop in CO₂ this system surpasses traditional waste heat recovery by utilizing a Rankine cycle for enhanced power generation. It leverages previously unexplored techniques for further efficiency gains by utilizing the remaining heat to power an absorption chiller and capturing condenser heat loss through a thermoelectric generator. This multi-stage heat recovery approach enables the system to deliver triple benefits, including electricity, cooling, and hydrogen production. Additionally, a portion of the generated electricity is employed for seawater desalination using a reverse osmosis (RO) David A. Schmidt, President of AURAK, said: 'It is a matter of great pride to see one of our researchers contributing to this important study that has the potential to help reduce global warming. It is an endorsement of the high level of research work being conducted at AURAK as part of our focus on pursuing research that leads to practical solutions. Such activity will serve to inspire our young graduates to develop actionable insights as they carry on their academic work.'Dr. Uday Kumar Nutakki, Associate Professor of Chemical Engineering and Chief Sustainability Officer, at AURAK, said: 'The proposed hybrid gas turbine plant is not merely theoretical, it's actionable. Each subsystem was validated against industry benchmarks, with deviations of less than 1.5%, demonstrating model accuracy. By leveraging off-the-shelf technologies at realistic operating conditions, the design aligns with current manufacturing capabilities.'The interdisciplinary study was conducted by researchers working from their respective universities. Researchers from the Yantai Institute of Technology (China) led the AI-based multi-objective optimization using genetic algorithms and the LINMAP decision-making method. Dr. Uday Kumar, as co-author from AURAK designed and integrated the reverse-osmosis desalination subsystem. Tashkent State Pedagogical University (Uzbekistan) researcher handled the baseline gas-turbine and Rankine-cycle thermodynamic modelling. Research collaborator from King Saud University (Saudi Arabia) developed and economically evaluated the PEM-electrolyzer unit. And, researcher at the Islamic University of Najaf (Iraq) contributed design of the absorption-chiller and low-temperature tri-generation loop. Each team built and validated their module, then collaborated through shared repositories and regular virtual meetings to deliver a fully integrated thermodynamic-economic to Dr. Uday Kumar, the research consortium will continue to advance this breakthrough by collaboratively iterating on the integrated design, leveraging regular optimization cycles with genetic-algorithm and LINMAP methods, refining control strategies through AI-driven load and maintenance forecasting, and validating performance in a pilot-scale implementation. By maintaining a shared codebase for real-time integration and incorporating feedback from industry stakeholders, the team will ensure that each enhancement aligns with both commercial and environmental goals, progressing from recommendations in the study towards a field-ready research findings were published in Process Safety and Environmental Protection (IF: 7.8), Vol. 189 (2024), pp. 204–218. The manuscript was received in March 2024 and accepted in June 2024. Full citation: Li, Shuguang, Yuchi Leng, Tirumala Uday Nutakki, Sherzod Abdullaev, Yasser Fouad, and Merwa Alhadrawi. 'Intelligent Optimization of Eco-Friendly H₂/Freshwater Production and CO₂ Reduction Layout Integrating GT/Rankine Cycle/Absorption Chiller/TEG Unit/PEM Electrolyzer/RO Section.' Process Safety and Environmental Protection 189 (September 2024): 204–218.
Irish Times
13-07-2025
- Business
- Irish Times
The Irish Times view on EU climate targets: vital to avoid backsliding
The European Commission finally announced on July 2nd that it would retain the target of a 90 per cent CO2 reduction by 2040 compared to 1990 levels. This is a positive development as there had been fears that there would be backsliding on the headline target amid pushback from some member states. However, the Commission's latest set of proposals included a compromise that has attracted much criticism from environmental campaigners. Following intense lobbying, the commission announced new 'flexibilities' that would help member states reach their obligations. The most controversial of these is the proposal that from 2036, member states can use carbon credits to reach their overall target. Carbon credits is a system whereby countries can invest in carbon offsetting programmes in developing countries and include the reduction for domestic use. Critics of the measure claim that it will divert much needed investment from the EU to the developing world, which will result in member states rolling back on their decarbonisation efforts. It should be noted, however, that as it stands, member states can only use carbon credits for 3 percent of their reduction efforts. While it is a fudge, its overall impact will be limited. The package must to be signed off by all EU member states by September 19th. The Czech Republic, Italy and Hungary, want more compromises on the 90 per cent reduction target. READ MORE Meanwhile, it emerged last week that the Patriots for Europe, a far-right grouping in the European Parliament, will take the lead in the parliament's response to the legislation, which will be deliberated this autumn. This has prompted concerns that there will be further 'flexibilities' before the EU's final package is agreed. Broadly, the argument among sceptical member states and European Parliamentary groupings is that because Donald Trump has dropped America's climate change commitments, on the basis that they were a threat to economic growth, this will undermine the EU's competitiveness. This is an entirely spurious argument. The devastating effects of climate change are becoming more frequent. It is the biggest threat to long term economic growth and prosperity. Any backsliding on commitments now to reduce the CO2 levels will have incalculable future costs. The good news is that the EU is on track to reduce its CO2 emissions by 55 per cent by 2030 and 90 percent by 2040. But there is a significant disparity between member states. Ireland is among the worst performing , as the latest figures from the EPA show that the country is on course for a 23 per cent CO2 reduction by 2030. Just as it is incumbent upon the EU to retain its 90 per cent 2040 reduction target, it is also crucial that each member state, including Ireland, abides by its legally binding commitments.
Yahoo
30-06-2025
- Business
- Yahoo
MT Højgaard Holding A/S: MT Højgaard Danmark erects innovative building for Nrep
MT Højgaard Holding's business unit MT Højgaard Danmark will build an office property at Trælastholmen in Copenhagen for Urban Partners through their property investment team Nrep. The project is comprised of 13,700 square meters of floor space across 6 stories and a green town garden, which will be open to the public. The building will be erected as a hybrid construction in which parts of the concrete will be replaced by wood-based modules to significantly reduce the CO2 footprint. The building is expected to be certified in accordance with DGNB Gold and the voluntary low-emission class. The project has been developed by MT Højgaard Danmark's own project developers in collaboration with architects at Entasis and engineers at Norconsult. MT Højgaard Danmark acquired the building rights for building site 3.07 at Trælastholmen from By & Havn earlier this year, and an agreement has now been entered with Nrep for the construction of the building with MT Højgaard Danmark acting as turnkey contractor. The construction process is expected to be initiated in 2026 and completed in 2028. 'We look forward to the cooperation and are pleased that both By & Havn and Nrep share our ambition to take a new approach and use wood-based modules to create exciting architecture and lower the climate footprint in terms of embodied CO2. Trælastholmen is a prime example of how we create value by combining development and execution competencies in MT Højgaard Danmark. Our project developers have completed the acquisition of the building site, development and sale of the project, which has enabled the agreement we have entered,' says project development director Johnny Sørensen of MT Højgaard Danmark. The order at Trælastholmen does not affect MT Højgaard Holding's 2025 outlook, which is unchanged with revenue expected at a level of DKK 10-10.5 billion and an operating profit (EBIT) of DKK 400-450 million. Further information:CEO Rasmus Untidt and CFO Dennis Nørgaard can be contacted on telephone +45 31 21 68 72. Attachment MTHH_Investor news 30Jun25
Yahoo
09-06-2025
- Automotive
- Yahoo
AMG Critical Materials N.V. Announces New Global Head of Investor Relations
--- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") is pleased to announce that Mr. Thomas Swoboda has been appointed the new global Head of Investor Relations, effective immediately. He is the successor to Ms. Michele Fischer, who has held that position for the last six years and has transitioned to Head of Human Resources on a global level as Executive Vice President. Thomas brings over 18 years of international capital market experience with him. He joins AMG from Société Generale/Bernstein, where he was Director of Equity Research since 2015. Before that, he was a Senior Equity Analyst at MainFirst Bank/Stifel. Thomas holds a degree in Business Administration from Mannheim University, where he was a recipient of the Research Award of the Prechel-Stiftung. He is multilingual, with proficiency in German, English and Portuguese (Brazilian). He will be based at our Frankfurt office, reporting to Dr. Heinz Schimmelbusch, CEO and Chairman of the Management Board. He can be reached directly by email at tswoboda@ or by phone at +49 176 1000 73 14. About AMG AMG's mission is to provide critical materials and related process technologies to advance a less carbon-intensive world. To this end, AMG is focused on the production and development of energy storage materials such as lithium, vanadium, and tantalum. In addition, AMG's products include highly engineered systems to reduce CO2 in aerospace engines, as well as critical materials addressing CO2 reduction in a variety of other end use markets. AMG's Lithium segment spans the lithium value chain, reducing the CO2 footprint of both suppliers and customers. AMG's Vanadium segment is the world's market leader in recycling vanadium from oil refining residues, spanning the Company's vanadium, titanium, and chrome businesses. AMG's Technologies segment is the established world market leader in advanced metallurgy and provides equipment engineering to the aerospace engine sector globally. It serves as the engineering home for the Company's fast-growing LIVA batteries, NewMOX SAS formed to span the nuclear fuel market, and spans AMG's mineral processing operations in graphite, antimony, and silicon metal. With approximately 3,600 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, the United States, China, Mexico, Brazil, India, and Sri Lanka, and has sales and customer service offices in Japan ( For further information, please contact:AMG Critical Materials N.V. +49 176 1000 73 14Thomas Swobodatswoboda@ Disclaimer Certain statements in this press release are not historical facts and are 'forward looking'. Forward looking statements include statements concerning AMG's plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG's competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG's business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information. When used in this press release, the words 'expects,' 'believes,' 'anticipates,' 'plans,' 'may,' 'will,' 'should,' and similar expressions, and the negatives thereof, are intended to identify forward looking statements. By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward looking statements will not be achieved. These forward looking statements speak only as of the date of this press release. AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward looking statement is based. Attachment AMG IR AppointmentError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
