Tag: renewable-energy

Black & Veatch Participates in Industry Dialogues, Identifies Viable Pathways to Deliver Asia’s Energy Transition at Energy Asia 2025

by jezzabellemente, posted in Uncategorized

KUALA LUMPUR, Malaysia, June 10 (Bernama-BUSINESS WIRE) —Black & Veatch, a global leader in human critical infrastructure solutions, will share ways to adapt international best practices to accelerate Southeast Asia’s energy transition at the Energy Asia 2025 conference, taking place June 16-18 at the Kuala Lumpur Convention Center here.

“As geopolitical tensions rise and extreme heat waves become more prolonged, Malaysia and its Southeast Asian neighbors need energy transition solutions that will meet their economic and environmental targets.

“Black & Veatch is committed to drawing on its extensive sustainable infrastructure experience to help the region meet its growing energy demands with low and no-carbon energy sources,” said Jerin Raj, managing director, Asia Pacific, Black & Veatch.

Deep collaborations with industry leaders from energy and other sectors, and knowledge transfer are part of that commitment. At the conference in Malaysia, Anand Pattani, vice president and managing director, International Energy Majors, Black & Veatch, will discuss how traditional refiners can adapt to remain competitive in a low-carbon world and the pathways most viable for the refining sector. Pattani will propose global strategies that can be adapted to overcome technical, regulatory, and financial barriers.

Aligning with Malaysia’s priorities to reduce carbon footprints, optimize resource efficiency, and promote sustainable development, Black & Veatch has supported power projects in Malaysia since the 1990s, from strategic decision-making to financial and resource commitments, implementation and execution.

About Black & Veatch

Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with more than 100-years of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure and energy assets. Follow us on www.bv.com and on LinkedIn, Facebook, X (Twitter) and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250609432289/en/

Contacts 

Media Contact Information:
EMILY CHIA | +65 6335 6623 | Media@bv.com

Source: Black & Veatch

CARBONAI AND GREENPLINTH AFRICA TO PARTNER ON MAJOR CLEAN COOKSTOVE PROGRAM IN NIGERIA

by jezzabellemente, posted in Uncategorized

Calgary-based GHG software developer will support the digital quantification and verification of carbon credits resulting from the distribution of millions of clean cookstoves in Nigeria and Africa over the next five years.

CALGARY, Alberta & LAGOS, Nigeria, Jan 31 (Bernama-BUSINESS WIRE) — CarbonAi Inc. and Greenplinth Africa Limited are pleased to announce that they have entered into an agreement under which CarbonAi will provide its software tools to support the digital measurement, reporting and verification (DMRV) of greenhouse gas (GHG) reductions from a major clean cookstove program to be developed by Greenplinth Africa in Nigeria.

The program will distribute millions of clean cookstoves to households across Nigeria and Africa over the next five years, drastically reducing deforestation, GHG emissions, respiratory illness, gender inequality and other issues associated with traditional open-fire cooking.

Clean cookstoves are a critical project type for achieving sustainable development benefits in economically disadvantaged regions. They are often financed by the sale of carbon credits resulting from the displacement of open-fire cooking by highly efficient, cleaner-burning stoves. Carbon-financed cookstove projects have been subject to intense scrutiny related to the accuracy and reliability of conventional quantification methods, putting the continued financing of such projects—and the many benefits they generate—at grave risk.

CarbonAi has developed Spark, a patent-pending suite of tools for the end-to-end quantification, verification, issuance and management of high-integrity GHG reduction outcomes from cookstove projects. This includes a proprietary stove use meter to monitor and precisely measure cookstove usage. Spark was developed to bridge the gap between existing carbon market infrastructure and the emerging digital carbon market ecosystem to provide irrefutable proof of claimed GHG reductions, helping project developers to deliver high-integrity, high-value carbon credits.

“This Article 6.4 clean cookstoves project is a transformative initiative, and a significant step forward in combatting the adverse health and environmental impacts associated with traditional cooking methods, such as indoor air pollution and deforestation. It will also be a foreign exchange earner for the Nigerian economy,” said Dr. Olawale Akinwumi, President and CEO of Greenplinth Africa. “The provision of free clean cookstoves is set to transform the lives of millions of Nigerians, particularly women and children, who are disproportionately affected by the harmful effects of traditional cooking practices.”

“We are excited to support Greenplinth Africa as they leverage Nigeria’s tremendous natural and human resources to deliver large-scale climate impact projects across Nigeria,” stated CarbonAi’s Chief Carbon Officer, Yvan Champagne. “Scaling clean cooking is absolutely critical in any GHG mitigation pathway but it will only happen if project investors and carbon credit buyers have confidence in the integrity of underlying reductions. We look forward to helping Greenplinth Africa generate the highest quality emission reductions possible, thereby ensuring that the program will reach its full potential.”

About Greenplinth Africa

Greenplinth Africa, a Pan-African Green Solutions Corporation, is a Superlative Africa Green Platform and Sustainable Development Goals Projects implementation for the Africa Continent, with offices in Nigeria and the United States of America.

To learn more, visit: www.greenplinthafrica.com

About CarbonAi

CarbonAi develops world-leading software tools that increase the integrity and auditability of GHG data and projects. The company’s tools for first-mile auditable data collection (Field), DMRV and quantification (Proof), integrity of clean cookstove data (Spark) and portfolio management (View) are used by industry leaders across the world to deliver high-integrity GHG outcomes.

To learn more, visit: http://www.carbonai.ca/spark

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250130285901/en/

Contact

Media Contact

Greenplinth Africa

Dr. Olawale Akinwumi
President and CEO
Tel: +234 (0) 803 316 4567
poa@greenplinthafrica.com

CarbonAi

Stephen Entwisle
Director, Cookstoves DMRV
Tel: +1 403-560-1944
stephene@carbonai.ca

Source : CarbonAi Inc.

OIL AND GAS EXPLORATION VITAL FOR DECARBONISATION DESPITE INVESTMENT DECLINE

by jezzabellemente, posted in Uncategorized

KUALA LUMPUR, Nov 22 (Bernama) — Investment in oil and gas exploration has plummeted two-thirds in the last decade, but according to Wood Mackenzie’s latest Horizons report, the sector remains crucial for decarbonisation and providing advantaged barrels in the energy transition.

The report, titled “No country for old fields: Why high-impact oil and gas exploration is still needed” reveals that there are sufficient existing resources to meet global demand, with approximately three trillion barrels of oil equivalent (boe) in inventory, offering more than 45 years of oil and over 60 years of gas supply.

The report further explained that lowering scope 1 and 2 emissions, or those created in the extraction and refining process, is better served by finding new fields than by cleaning up old ones as new fields are cleaner, due to modern decarbonisation technologies and higher facilities throughput.

New fields, leveraging modern decarbonisation technology, emit less carbon than older fields. For example, new fields starting production in the coming years will average 17 kilogrammes of carbon dioxide equivalent per barrel of oil equivalent (kgCO2e/boe), significantly lower than the 28 kgCO2e/boe from mature fields.

Wood Mackenzie Senior Vice President, Energy Research, Andrew Latham commented that exploration through the current decade is on track to provide 12 per cent of global oil and gas supply.

“If we assume that these new fields displace existing supply options with emissions intensity typical of older fields, then global scope 1 and 2 emissions in 2030 would be cut by around six per cent, or 100 Mtpa CO2e,” he said in a statemet.

Exploration also presents economic advantages, with new field discoveries providing high returns. Wood Mackenzie highlights that full-cycle returns from exploration have been consistently in double digits every year since 2015, averaging 15 per cent, with new discoveries creating over US$160 billion in value. (US$1=RM4.46)

Meanwhile, frontier and deepwater exploration, offers significant resource potential, with deepwater projects yielding much higher recovery per well and lower emissions intensity. The report noted that deepwater will offer most new opportunities for exploration as most of the world’s deepwater basins, in waters from 400 metres (m) to over 3,000m, are barely drilled.

Despite a perception problem that exploration harms the climate, the report underscores its role in decarbonising oil and gas supply, showing that there are still abundant untapped resources to be found, especially in deepwater basins.

Wood Mackenzie is the global insight business for renewables, energy and natural resources, with a team of over 2,000 experts operate across 30 global locations, inspiring customers’ decisions through real-time analytics, consultancy, events and thought leadership.

— BERNAMA

YANTAI REVEALS INTERNATIONAL ZERO-CARBON ISLAND COOPERATION INITIATIVE AT COP29

by jezzabellemente, posted in Uncategorized

KUALA LUMPUR, Nov 18 (Bernama) — Yantai City, Shandong Province, has launched the International Zero-Carbon Island Cooperation Initiative together with 32 island cities, international organisations, research institutions, enterprises, and other founding entities at home and abroad.

This initiative, released at the Launch Conference of International Zero-Carbon Island Cooperation Initiative held during the UNFCCC COP29 on Nov 13, aims to promote global climate governance through joint efforts.

The launch event, hosted by the Ministry of Ecology and Environment and the Shandong Provincial People’s Government, was supported by the Shandong Provincial Foreign Affairs Office, the Shandong Provincial Department of Ecological Environment, and the Yantai Municipal People’s Government.

Representatives from China, island nations, and international organisations attended and voiced their support for the initiative, according to a statement.

With over 50,000 islands worldwide facing shared challenges due to climate change, the need for an international organisation dedicated to supporting islands sustainability has become urgent.

Yantai City mayor, Zheng Deyan called on global island stakeholders to unite under the initiative to contribute to both sustainable development and global climate campaigns.

The International Zero-Carbon Island Cooperation Organization, the world’s first international organisation dedicated to zero-carbon islands, will focus on enhancing the climate resilience of islands, strengthening infrastructure and disaster response capabilities, and promoting mutual assistance in the sharing of emergency relief supplies.

The organisation aims to explore zero-carbon pathways, build clean energy systems, promote green buildings, transportation, and communities, and foster the development of low-carbon industries such as modern marine fisheries, modern agriculture, and low-carbon tourism.

It will also protect ecological resources, strengthen the protection, development, utilisation, research, and management of island resources, and enhance academic and cultural exchange among islands.

— BERNAMA