North Sea Oil Group Equinor Scales Back Investment In Renewables
The title of this post, is the same as that of this article in The Times.
This is the sub-heading.
Equinor, which is attempting to develop one of the largest untapped oilfields in UK waters, also raised its fossil fuel production targets
This is the first paragraph.
The Norwegian state-backed oil company that is attempting to develop one of the largest untapped oil fields in UK waters, has dramatically scaled back its investment in renewables and raised its fossil fuel production targets, becoming the latest of the world’s energy giants to row back on the push towards green power.
A quiet revolution is happening that will change our use of natural gas very much for the better.
- In Rhodesia, which is a suburb of Worksop, a 24 MW Rolls-Royce mtu diesel peaker power plant, that runs on natural gas, but is also hydrogen-ready, has been installed to boost the electricity supply. The diesel engine is fitted with carbon capture and produces food-grade CO2, which is sold for food and engineering uses.
- Most of the excellent British tomatoes and soft fruit, we have been eating this winter, is grown in greenhouses, heated by natural gas-powered combined heat and power units, where the CO2 produced is captured and fed to the plants.
- HiiROC is a start-up from Hull, who are backed by Centrica, who use a plasma process to split any hydrocarbon gas including waste gas from a chemical plant, biomethane from a sewage works or natural gas into pure hydrogen and carbon black, which is needed to manufacture tyres and other products, and also to improve soil.
- In the last few months, a HiiROC device has been installed at Brigg power station, to generate zero-carbon electricity from natural gas.
- Imagine a housing or factory estate, a farm or perhaps a large country house, that wants to decarbonise. The gas feed to the property would be fitted with a HiiROC device and all gas appliances and boilers would be converted to hydrogen.
- I also believe that houses and other premises could have their own hydrogen pumps to fill up cars, ride-on mowers and other vehicles.
- Avnos is a company from the US, that captures CO2 from the air. What makes Avnos unique is that for every ton of CO2 it captures, it captures five tons of pure water.
More ideas like these are being developed.
What is wrong in using natural gas, to generate heat and electricity, if it doesn’t emit any CO2 into the atmosphere?
I suspect, that Equinor believe there will be a market for natural gas for years, as more and more clever ways to use it and turn it into hydrogen are developed.
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