Caterpillar Energy Solutions GmbH’s Post

Mitsubishi Power to Build 600MW Hydrogen-Ready Power Plant for Sembcorp Industries in Singapore Mitsubishi Power, a global leader in energy solutions, has partnered with Sembcorp Industries to develop a 600 megawatt (MW) hydrogen-ready power plant in Jurong, Singapore. The facility will utilize a Combined Cycle Gas Turbine (CCGT) system and will be designed to integrate hydrogen energy within the existing natural gas network. This project aims to provide a sustainable and reliable source of energy, supporting the transition to cleaner energy solutions.

In this factsheet, we’re highlighting energy consumption in the United States by sector and industry to give you an at-glance look at the current and potential future state of energy generation and consumption in the country. But lets dive a little deeper......

China’s Huaneng Group has launched the second phase of its Jintan Salt Cavern Compressed Air Energy Storage (CAES) project in Changzhou, Jiangsu province, in a new milestone for the global energy storage sector. Once completed, the project will hold the title of the world’s largest compressed air energy storage facility, integrating groundbreaking advancements in both power output and efficiency.

Read the latest press release about #DECARBON2025 on the website of our Media Partner Energy Management - Energy Efficient Solutions for Industry ⭐

Brazil’s Batista Brothers Secure $878 Million Energy Deal for 2 GW of 12 operational gas-fired plants and one project in Manaus, significantly expanding Âmbar’s energy portfolio to 4.6 gigawatts. Latin America's largest utility, has signed a deal to sell its portfolio of thermoelectric power plants to Ambar Energia for a total 4.7 billion reais ($878.01 million), it said in a securities filing on Monday. This ruling marks a crucial turning point in Brazil’s energy sector. It positions Âmbar to potentially take over Amazonas Energia, the region’s largest power distributor. Such a move would significantly increase the Batistas’ influence in Brazil’s northern energy market. Brazil’s Energy Market The outcome of this approval process could have far-reaching implications for Brazil’s energy landscape and market dynamics. This case underscores the intricate relationship between business interests, government policy, and regulatory oversight. It reflects the complexities within Brazil’s energy sector. It underscores the challenges and opportunities in navigating Brazil’s business environment, particularly in strategic industries like energy. As the story continues to unfold, it will likely spark further discussions about energy policies, market competition, and the balance between private sector growth and public interest in essential services. This deal’s implications go beyond the immediate parties involved, influencing energy prices, investment strategies, and regulatory approaches. It could significantly impact Brazil’s evolving energy market. https://lnkd.in/gQKbX67a https://lnkd.in/g5FFbYEP

The Future of Automotive Energy: Insights from Recent Developments Industry Updates and Innovations in New Energy Vehicles On August 15, 2024, the Ministry of Industry and Information Technology (MIIT) of China publicly solicited opinions regarding the "Comprehensive Utilization Industry Norms for Waste Power Batteries of New Energy Vehicles (2024 Edition)." The proposed regulations stipulate that recycling enterprises must achieve a copper and aluminum recovery rate of no less than 98%, and a recovery rate of electrode powder after crushing and separation must also meet the 98% threshold. According to customs data, in the first half of 2024, China exported approximately 222,000 pure electric vehicles to the 27 EU countries, marking a 14.6% decrease compared to nearly 260,000 units in the same period of 2023. In Jiangsu Province, the Development and Reform Commission issued a notice on enhancing the high-quality integration of distributed photovoltaic systems. By 2025, the province aims for a distributed photovoltaic access capacity of no less than 50 million kilowatts, increasing to at least 80 million kilowatts by 2030. The Xinjiang Development and Reform Commission, in collaboration with the State Grid Xinjiang Power Company, announced a notification regarding the layout and related work for independent new energy storage projects in 2024, which includes a significant 1.1 GW/4.4 GWh independent energy storage project. In a strategic move, Delong Co., Ltd. signed a "Solid-State Battery Strategic Cooperation Agreement" with Jiangling New Energy, focusing on resource sharing and complementary advantages to jointly promote the research, production, and market application of solid-state batteries. Additionally, a new hydrogen fuel cell production demonstration project has officially commenced operations, with an expected annual output of 2,000 fuel cell stacks and 2,000 hydrogen fuel cell engines. To date, the company has secured over 210 intellectual property rights, including 53 core technology invention patents. As of now, a total of 38 energy storage stations with a capacity of 4,105 MW/8,000 MWh have entered the Shandong power trading market. This includes 35 independent energy storage stations with a total capacity of 4,075 MW/7,940 MWh and 3 integrated energy storage stations with a total capacity of 30 MW/60 MWh. These developments underscore the ongoing transformation within the automotive industry, particularly in the realms of new energy vehicles and sustainable energy solutions. The commitment to high recovery rates and innovative partnerships will be crucial in shaping a greener future for the automotive sector.

Keppel celebrated a significant milestone with the installation of the state-of-the-art gas turbine at the Keppel Sakra Cogen Plant, Singapore’s first hydrogen-compatible cogeneration power plant. The turbine will enable the 600 MW advanced combined cycle gas turbine power plant to be the most energy-efficient plant of its kind in Singapore when it commences operations in the first half of 2026. The Plant will be capable of generating significantly less CO2 than that of Singapore’s average operating efficiency for the equivalent power generated. The turbine installation ceremony was officiated by Guest-of-Honour Mr Richard Lim, Chairman of the Energy Market Authority (EMA), who was accompanied by Mr Danny Teoh, Chairman of Keppel, Mr Loh Chin Hua, CEO of Keppel, Ms Cindy Lim, CEO of Keppel’s Infrastructure Division, and Mr Takuya Murase, President and CEO, GTCC Business Division, Energy Systems, Mitsubishi Heavy Industries. In another milestone, the Plant’s Main Control Building has become the first on Jurong Island to attain the BCA Green Mark Zero Energy Certification from Singapore’s Building and Construction Authority. The Main Control Building features top-tier energy efficiency, with deployment of on-site renewable energy and intelligent energy management strategies. Read more here: https://lnkd.in/gBvqBaDb

Don’t miss today An open invitation to join this important webinar shedding light on #CBAM and the importance of I-RECs for the hard-to-abate industries with fossil fuel intensive industries The International Tracking Standard Foundation: Founder of I-REC covers IREC(E) with PPA Agreements. Volkan Yigit, PMP APLUS Enerji will address CBAM's Indirect Impact on Energy Trading in Türkiye, and Can Arslan Foton Energy, will present on the Türkiye PPA Outlook: VPPA Consultation. Open discussion will be co-moderated by Dr. Jan Haizmann and Kutalmış Ersoy this webinar brings together experts to delve into crucial topics. Topics include CBAM Indirect Emissions Calculation, PPA definitions in CBAM, challenges faced by exporting countries, and the treatment of license-exempt power plants in Türkiye under CBAM. Date: Thursday, June 6, 2024 Foton Energy REC: Renewable Energy Certificate ZETA (Zero Emissions Traders Alliance) DLA Piper

Join us for the upcoming webinar hosted by Enerji Ticareti Derneği - Energy Traders Association in collaboration with The International Tracking Standard Foundation: Founder of I-REC, DLA Piper, APLUS Enerji, ZETA (Zero Emissions Traders Alliance), and Foton Energy as we explore the CBAM Indirect Emissions Impact in the Turkish Renewable Energy Market. Kenneth Wallace-Mueller, DLA Piper, will discuss CBAM Indirect Emissions with PPA, while Jared Braslawsky, The International Tracking Standard Foundation: Founder of I-REC, covers IREC(E) with PPA Agreements. Volkan Yigit, PMP, APLUS Enerji, will address CBAM's Indirect Impact on Energy Trading in Türkiye, and Can Arslan, Foton Energy, will present on the Türkiye PPA Outlook: VPPA Consultation. Open discussion will be co-moderated by Dr. Jan Haizmann and Kutalmış Ersoy, this webinar brings together experts to delve into crucial topics. Topics include CBAM Indirect Emissions Calculation, PPA definitions in CBAM, challenges faced by exporting countries, and the treatment of license-exempt power plants in Türkiye under CBAM. Date: Thursday, June 6, 2024 Time: EEST 14:00 - 16:00 Don't miss this opportunity to gain valuable insights and participate in an interactive Q&A session. Please click the link to register for the webinar -> https://lnkd.in/eevTUX8f

Launch of the Energy Transition Outlook 2024 DNV’s Energy Transition Outlook webinar - October 9, 2024 Join us for an inspiring and informative session on the energy transition. Explore how the transition to cleaner energy will develop in the near and long term and hear unique insights from industry leaders and policy experts. We are excited to launch the 8th edition of our annual Energy Transition Outlook, a comprehensive report providing DNV’s science-based projection of the most likely development of the global energy mix, supply, and demand over the next 25 years.  During this free event, you will:   - Get key insights from this year’s Energy Transition Outlook, presented by DNV’s Group President and CEO.  - Engage in dynamic panel discussions featuring prominent energy executives discussing the most important drivers for the energy transition in the next five years.  - Discover the latest developments in the production, transport, and use of clean energy sources, with concrete project examples from around the world. https://lnkd.in/eNvPrrS2