Good Morning. This is the Sunya Scoop. The newsletter that takes energy transition news and turns it into an easy-to-read email for you.
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LOW-CARBON FUELS
OCI Global and NuStar Energy sign agreement for ammonia transportation
NuStar to install a new 14-mile pipeline segment connecting OCI's Nitrogen facility in Wever, Iowa with NuStar's existing 2,000 mile ammonia pipeline
OCI's facility uses ammonia for fertilizer and Diesel Exhaust Fluid production
Partnership aims to serve agricultural needs by delivering more ammonia for fertilizer and upgraded products
The project is expected to increase utilization of NuStar's system in 2024
OCI commits $30 million in capital expenditures for new ammonia cooling and storage infrastructure
OCI plans to bring an additional 1.1 million tons of blue ammonia capacity online in 2025 in the Gulf Coast
SUSTAINABILITY
Enbridge shareholders reject DI Foundation's resolution for reporting indirect greenhouse gas emissions
Resolution aimed at annual reporting of indirect emissions associated with oil and gas handled by Enbridge
Enbridge's board recommended rejection, with 71% of shareholders voting against it
Companies face growing pressure to account for emissions beyond those they generate directly
Enbridge reports some Scope 3 emissions when they can be confidently measured or estimated
Competitor TC Energy also incompletely reports Scope 3 emissions, while Canadian Natural Resources and Cenovus Energy report them
NATURAL GAS
Equitrans expects federal agencies to issue required authorizations for $6.6 billion Mountain Valley natural gas pipeline by early summer
Completion of the project anticipated by the end of 2023, but significant risk and uncertainty remain due to litigation
Mountain Valley pipeline is key to unlocking more gas supplies from Appalachia, the largest U.S. shale gas basin
Equitrans waiting for new authorizations from multiple federal agencies
Equitrans owns about 48.1% of Mountain Valley and will operate it, with the pipeline nearly 94% complete
LNG
Mexico Pacific to invest up to $14 billion in natural gas pipeline and liquefaction plant in Sonora, Mexico
Company's main market for exported liquefied natural gas (LNG) is in Asia
Mexico Pacific constructing a 14.1 million tonnes per annum LNG export terminal in Puerto Libertad, Sonora
Mexican President Lopez Obrador announced cooperation agreements with Canadian Pacific Kansas City (CPKC) for rail projects in Mexico's south
CPKC exploring ways to support administration's initiatives and sharing experience, best practices, and technology for two train lines under construction
COAL-TO-GAS SWITCHING
India plans to stop building new coal-fired power plants, except for those already in the pipeline, by removing a key clause from the final draft of its National Electricity Policy (NEP), according to government sources.
The move would make China the only major economy open to fresh requests to add significant new coal-fired capacity.
India and China account for about 80% of all active coal projects, as most developing nations wind down capacity to meet climate targets.
The policy revision, if approved, would not impact the 28.2 GW of coal-based power in various stages of construction.
India's proposed coal power capacity is the highest after China, but activists have pressed for a halt to new coal-fired plants to reduce the share of the polluting fuel in overall power output.
The final draft of the NEP proposes delaying the retirement of old coal-fired plants until energy storage for renewable power becomes financially viable.
NUCLEAR
Westinghouse unveiled a small modular nuclear reactor named AP300, which can generate virtually emissions-free electricity to replace coal plants or power water desalination and other industries.
The reactor will have a planned capacity of 300 Megawatts and will be a smaller version of Westinghouse's AP1000 reactor, which is currently operating in China and Georgia.
The AP300 reactor will not use special fuels or liquid metal coolants, unlike some other next-generation reactors, and will be constructed by 2030 and operational by 2033.
The design for only one small modular reactor has been approved by U.S. regulators, planned by NuScale Power Corp, and it still needs permits.
Westinghouse hopes to sell reactors to countries in eastern Europe and sub-Saharan Africa, but it is not yet sure whether the technology can be exported to China due to nuclear proliferation concerns.
LOW-CARBON FUELS
Infinium manufactures a ton of proprietary CO2 conversion catalyst at its West Sacramento facility
Catalyst is a critical component for creating electrofuels (eFuels), which replace carbon-intensive petroleum products
Infinium eFuels are made from renewable power-derived green hydrogen and captured carbon dioxide using a proprietary process
Company will start delivering eFuels to Amazon in 2023 to help decarbonize its middle-mile trucking fleet
Infinium eSAF, eDiesel, and eNaphtha can replace petroleum fuels and be used in existing engines and distribution infrastructure
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.