The Anonymous Widower

American Airlines Commits To Conditional Purchase Of 100 ZeroAvia Hydrogen-Powered Engines, Increases Investment In Hydrogen-Electric Innovator

The title of this post, is the same as that, of this press release from American Airlines.

These are the first three paragraphs.

American Airlines today announced that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight emissions save for water vapor.

In addition, American has increased its investment in ZeroAvia. American made its first investment in ZeroAvia in 2022 and has also now participated in the company’s Series C financing round. The engine agreement follows the Memorandum of Understanding the companies announced in 2022.

ZeroAvia is developing hydrogen-electric (fuel cell-powered) engines for commercial aircraft, which offer the potential for close to zero inflight emissions. The company is flight testing a prototype for a 20-seat plane and designing an engine for larger aircraft such as the Bombardier CRJ700, which American operates on certain regional routes.

Note.

  1. PSA Airlines seem to operate a fleet of CRJ700 aircraft on behalf of their parent company; American Airlines.
  2. The Wikipedia entry for ZeroAvia shows a high class list of investors including Airbus, Alaska Airlines, Shell and United Airlines.

American Airlines must now be added to that list.

Conclusion

This could be a good boost for ZeroAvia.

 

July 9, 2024 Posted by | Hydrogen, Transport/Travel | , , , , , | Leave a comment

How Clean Energy Will Help Deliver UK Economic Growth

The title of this post, is the same as this press release from SSE.

This is the sub-heading.

How To Actually Deliver UK Economic Growth

This press release appears to have been written by Alistair Phillips-Davies, who is Chief Executive of SSE.

These three paragraphs introduce the press release.

Prior to the election Labour had committed to tackling the planning system head on in order to unlock economic growth and get Britain building again.

If Rachel Reeves’ first speech as Chancellor is anything to go by, winning a commanding majority has only galvanised that intent.

The challenge is for policymakers to deliver at pace across the whole of the UK, including in Scotland where reform is devolved but is also urgently needed.

Alistair Phillips-Davies seems impressed.

Why We Need Planning Reform Urgently

Under this heading, he says this.

Let me give you two examples of how planning acts as a drag on economic growth and jobs.

It currently takes around 12 years to deliver a large offshore wind farm in UK waters. But only two or three years of that is the construction phase.

And when it comes to electricity grids that span the country it only takes one local authority in Scotland to object to a project for it to go to a public inquiry, adding costs and years of delay.

No-one wants to avoid appropriate scrutiny and proper engagement with communities but allowing decision making to drag on for years suits nobody and setting a reasonable 12-month limit is surely sensible for everyone involved, as is giving ministers greater discretion where projects are clearly deemed to be in the national interest.

I very much agree with what he says.

I also suspect that what he says, applies to England, Wales and Northern Ireland, just as much as Scotland.

Declaring His Ambitions

The next two section declare Alistair Phillips-Davies’s ambitions.

  • Making The UK The Easiest Place In The world To Invest And Actually Build Projects
  • Creating Good Jobs Here In The UK

They are certainly sections that need a full read.

We Need To Get A Move On

This is his final section, which I’ll insert in full.

Having worked in the energy industry for almost 30 years I have never been more excited about the prospects for this country.

As one of the largest investors in the UK, SSE alone has a current investment programme of more than £20bn, but we are ready to go further and many others in the industry will join us.

Britain has no shortage of opportunities. But we need to make them happen. If we can deliver on the clean energy mission, the growth will come. There’s a long way to go, but unblocking the planning gridlock is the right place to start.

I was there at the start of North Sea Oil and Gas, writing project planning software in a Suffolk attic.

Hopefully, I’ll see North Sea Energy turn full circle to renewables.

July 9, 2024 Posted by | Energy, Hydrogen | , , , , | 2 Comments