Global energy storage market to reach 500 GW by 2031
Wood Mackenzie reports that market growth has staggered for global energy storage, with cumulative storage deployments expected to reach 500 GW by 2031.
Wood Mackenzie reports that market growth has staggered for global energy storage, with cumulative storage deployments expected to reach 500 GW by 2031.
The €2.375 million for Uniper's planned hydrogen pilot project at the Krummhoern natural gas storage site in Germany will be used to research how the gas can be stored and how equipment and materials react to hydrogen.
Shell USA will acquire all of the common units representing limited partner interests in SHLX held by the public. SHLX’s assets include interests in entities that own crude oil and refined products pipelines and terminals, as well as storage tanks.
Siemens Energy is joining the AWS Partner Network to provide customers with industrial cybersecurity, analytics, and storage solutions.
Working natural gas inventories of storage fields operated by the two largest natural gas distributors in California total 100.6 billion ft3. Although this level is 4% higher than levels one year ago, storage operation and capacity utilisation varies significantly by region.
According to GlobalData, the rapid digitalisation of the oil and gas industry has made it increasingly vulnerable to cyberattacks, and so companies must fortify their cybersecurity posture in line with their digitalisation strategy.
The hub will help integrate renewable energy by producing and storing green hydrogen for long duration energy storage. Mitsubishi Power will leverage Emerson’s hydrogen production experience and automation software expertise to increase safety, decrease costs and simplify maintenance across the life cycle of the facility.
In an historic first, Uzbekistan’s new state-of-the-art gas-to-liquids (GTL) plant in the Qashqadaryo Region has begun producing synthetic oil.
Analysts at Wood Mackenzie believe that storage refill is at risk unless additional demand and supply measures are taken.
The deal adds Scanjet’s intelligent tank management solutions to Alfa Laval’s tanker offering.
On 8 June 2022, an incident occurred at the Freeport LNG liquefaction plant on Quintana Island, Texas, US, that resulted in the release of LNG, leading to the formation and ignition of a natural gas vapour cloud, and subsequent fire.
SSAB, LKAB and Vattenfall are inaugurating HYBRIT’s pilot facility for fossil free hydrogen gas storage at Svartöberget in Luleå, Sweden.
Net withdrawals of natural gas from storage totalled 2264 billion cubic feet from November 2021 to March 2022 – the highest winter natural gas withdrawal since the winter of 2017 – 2018.
The Steel Tank Institute/Steel Plate Fabricators Association presented McDermott's storage business, CB&I, with safety awards in three categories during its annual meeting in New Orleans, US.
Fintan Duffy, Managing Director of Re-Gen Robotics, was presented with the Outstanding Achievement Award at the 5th Global Tank Storage Awards 2022 in Rotterdam, the Netherlands.