Latest news with #RobbyRockey
Yahoo
02-05-2025
- Business
- Yahoo
Major partnership set to challenge outdated grid systems with custom-built energy: 'We are creating a ... power solution'
Carbon capture is an emerging environmental technology that may soon break through in the mission to combat the changing climate thanks in part to well-known companies making efforts to support its growth and applications. In March, oil field services provider Baker Hughes announced a partnership with Frontier Infrastructure to accelerate the development of large-scale carbon capture and storage technology power solutions throughout the United States. Carbon capture technology involves capturing and storing carbon dioxide emissions from industrial processes or directly extracting CO2 from the atmosphere. It is usually transported and stored underground. According to the terms of the deal, Baker Hughes agreed to utilize key technologies for well design, carbon dioxide compression, and long-term monitoring to develop Frontier's Sweetwater Carbon Storage Hub in Wyoming. In addition, the company will offer its gas turbines to support up to 256 megawatts of power generation, meeting the increasing power demand across the Mountain West, which includes Texas and Wyoming. Power demand is already expected to reach record highs this year because of the rapid expansion of data centers to support artificial intelligence technology, which is notoriously energy inefficient, according to the Energy Information Administration. "By integrating gas-fired energy with the potential for permanent carbon storage, we are creating a direct, reliable power solution tailored to evolving industrial needs," said Robby Rockey, co-CEO of Frontier. By supporting brands that adopt eco-friendly initiatives, we not only help the environment but also encourage other businesses to follow suit and adopt similar practices. Companies such as AE Global, for instance, are forming partnerships to tackle plastic waste on a global scale, fully aware of how much their customers care about the environmental impact of their products and wishing to inspire other brands to join the cause to make a difference. Do you think our power grid needs to be upgraded? Definitely Only in some states Not really I'm not sure Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Reuters
03-03-2025
- Business
- Reuters
Baker Hughes and Frontier Infrastructure enter carbon capture partnership
March 3 (Reuters) - Baker Hughes (BKR.O), opens new tab on Monday announced a partnership with Frontier Infrastructure to accelerate the development of the latter's large-scale carbon capture and storage (CCS) and power solutions in the United States. The oilfield services provider added it would provide technology solutions to support carbon capture projects along with power generation and data centers. CONTEXT Baker Hughes said it would leverage key technologies for well design, carbon dioxide compression and long-term monitoring to develop Frontier's Sweetwater Carbon Storage Hub located in Wyoming. The company added it would use its gas turbines to support 256 megawatts of power generation to meet increasing power demand across the U.S. Mountain West region, Texas and Wyoming. WHY IS IT IMPORTANT According to the U.S. Energy Information Administration, power demand is expected to reach record highs this year, primarily driven by the rapid expansion of data centers to support AI tech and industrial operations. Carbon capture is a process of storing CO2 underground, a crucial strategy for the energy sector to mitigate its emissions from industrial activity and reduce its impact on global greenhouse gas levels. KEY QUOTES "Baker Hughes is committed to delivering innovative solutions that support increasing energy demand, in part driven by the rapid adoption of AI, while ensuring we continue to enable the decarbonization of the industry," Baker Hughes CEO Lorenzo Simonelli said in a statement. "By integrating gas-fired energy with the potential for permanent carbon storage, we are creating a direct, reliable power solution tailored to evolving industrial needs," said Robby Rockey, co-CEO of Frontier Infrastructure.
