NYSERDA and the Danish Ministry of Climate, Energy, and Utilities announce an MOU extension at the 2021 United Nations Climate Change Conference (COP26) | Tech News

The New York State Energy Research and Development Authority (NYSERDA) and the Danish Ministry of Local weather, Vitality, and Utilities in the present day introduced an extension of their present Memorandum of Understanding (MOU) by means of 2025, increasing collaboration past offshore wind to additionally foster a various portfolio of options for carbon seize, utilization, storage, and inexperienced hydrogen. Introduced on the 2021 United Nations Local weather Change Convention (COP26), the prolonged settlement acknowledges a shared widespread curiosity to advance decarbonization, struggle local weather change, and develop a complete technique for emissions discount. This announcement helps New York’s objectives for 100% zero-emissions electrical energy by 2040 and economy-wide carbon neutrality by 2050 as outlined within the Local weather Management and Group Safety Act.

NYSERDA President and CEO Doreen M. Harris mentioned, “We sit up for persevering with our work with Denmark as we forge forward to construct a extra sustainable future for all reflecting our mutual dedication to fight local weather change. Sharing information and sources to know how carbon seize applied sciences and inexperienced hydrogen options may speed up New York State’s path to decarbonization, notably for the toughest to succeed in sectors of our financial system, may additionally show worthwhile to others wanting on the similar applied sciences.”

Right now’s announcement expands the collaboration between New York and Denmark that started in 2018 to advance clear vitality innovation and improvement as financial drivers and important options within the international struggle in opposition to local weather change. The unique MOU facilitated the sharing of experience and information crucial to growing revolutionary options for the deployment of offshore wind vitality. Moreover, earlier this yr, NYSERDA and the Confederation of Danish Trade, Denmark’s largest non-public enterprise and employers’ group, introduced an MOU designed to boost collaboration on decarbonizing high-rise buildings in New York State.

Each solution-sets – carbon seize, utilization, and storage, and inexperienced hydrogen – are promising for advancing decarbonization efforts, with carbontech doubtlessly taking part in an vital position in managing emissions which, if left unmitigated, will trigger continued excessive climate situations. And inexperienced hydrogen has the potential to span sectors resembling transportation, energy, and in gas cells that require no combustion, which provide worthwhile functions.

Carbon Utilization and Storage

Carbon captured from sources could be saved and utilized to make helpful merchandise for society. At a restricted scale, carbon could be captured at a supply, gathering the emissions earlier than they enter the air. This expertise can take away emissions from the ambiance and assist decarbonize hard-to-reach areas of the financial system. The prolonged MOU settlement will foster a various portfolio of options specializing in:
• Creating insurance policies that allow authorities procurement of carbontech merchandise, stimulate financial development, and create a sturdy international market with trade guidelines and requirements.
• Innovating finance options and deployment mechanisms for carbon utilization tasks and constructing greatest practices for challenge improvement, siting, and workforce coaching.
• Sharing information and addressing provide chain challenges resembling uncooked materials procurement, manufacturing, and transportation.

Inexperienced Hydrogen

Inexperienced hydrogen is produced utilizing solely renewable electrical energy and water and has the potential to decrease or remove emissions throughout quite a few difficult-to-decarbonize sectors of the financial system. The MOU will advance optimized approaches to utilizing inexperienced hydrogen as a part of an reasonably priced, resilient decarbonized vitality system. Efforts below the MOU will embrace:
• Evaluating information and data on industrial functions
• Exploring inexperienced hydrogen as an vitality storage asset
• Sharing greatest practices for security, transportation, value modeling, and provide chain improvement

One instance of NYSERDA’s continued help for innovation that drives decarbonization is the $19.5 million Carbontech Growth Initiative, introduced in April 2021, to offer entrepreneurs with sources, coaching, and to construct the worldwide community wanted to scale carbontech improvements. Columbia College and Activate World, Inc. have formally been chosen as companions to collaborate with NYSERDA to create a analysis, improvement, and commercialization hub and carbontech entrepreneurial fellowship program positioned in New York. This system will allow revolutionary researchers and firms to leverage the State’s present belongings to facilitate the speedy commercialization of carbontech merchandise and enhance the variety of firms which can be capable of type and scale on this crucial sector.

“One of many objectives of Columbia College and the Local weather College is to carry options to the local weather disaster at scale,” mentioned Jason Bordoff, Co-Founding Dean of the Columbia Local weather College and Founding Director of the Heart on World Vitality Coverage. “The Carbontech Growth Initiative is designed to display that we will transfer past the normal roles of educational establishments to not solely higher perceive the impacts of a warming planet, however to develop the required information and instruments we’ll must handle and treatment it. We’re grateful to associate with NYSERDA and Activate on this groundbreaking program. We’re assured it’ll function a hub for innovation for New York and past.”

“We’re proud to associate with NYSERDA to carry the Activate Fellowship to New York and empower much more entrepreneurial scientists to reinvent the world by bringing their analysis to market,” mentioned Karin Lion, Chief Development Officer of Activate. “Activate New York fellows will leverage New York’s phenomenal scientific and startup sources to commercialize and scale crucial carbontech options. Activate fellows in New York will be a part of over 100 groundbreaking innovators nationwide in remodeling trade to handle local weather change and different international challenges.”

Carbontech is a broad rising sector that pertains to merchandise that seize, transport, and convert totally different types of carbon into a various array of services. In keeping with Carbon180’s carbontech reality sheet , merchandise that may be made utilizing these applied sciences symbolize a $1 trillion market within the US and an almost $6 trillion international market. The evaluation supplied to New York’s Local weather Motion Council by the agency E3 reveals unfavourable emissions applied sciences resembling carbon seize will likely be wanted with a view to mitigate no less than 15 % of New York’s emissions to succeed in the State’s 2050 carbon neutrality aim.

Right now’s announcement builds on NYSERDA’s launch of a hydrogen technique examine earlier this yr at the side of the Nationwide Renewable Vitality Laboratory, to compile the foundational, base-line info and information that can allow New York to have sturdy discussions and dialogue across the position of inexperienced hydrogen may play in New York’s decarbonization plans. This technique examine will place a specific deal with alternatives surrounding inexperienced hydrogen to align the State’s hydrogen technique with the prevailing mandates for 70 % renewable electrical energy by 2030 and 100% zero-emission electrical energy by 2040.

Funding for the Carbontech Growth Initiative is thru New York State’s 10-year, $5.3 billion Clear Vitality Fund.

https://techstartups.com/2021/11/08/nyserda-danish-ministry-climate-energy-utilities-announce-mou-extension-2021-united-nations-climate-change-conference-cop26/ | NYSERDA and the Danish Ministry of Local weather, Vitality, and Utilities announce an MOU extension on the 2021 United Nations Local weather Change Convention (COP26) | Tech Information


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