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Carbon Capture concept is to seize gases responsible of the greenhouse effect, preventing their increasing presence in our atmosphere.
From all the gases responsible of the global warming, Carbon Dioxide (CO2) is of course the main culprit, the reason behind the name of Carbon Capture.
Carbon Capture can occur in two situations, directly from the air, or from industrial processes. It is in this second case Carbon Capture is the most efficient by reducing up to 90% of CO2 emissions from a plant.
The Windmill concept is the conversion of wind energy into electricity.
Blowing, the wind presses the blades of the windmill which creates a slow movement of rotation. This rotation is then multiplied to drive a generator at high speed thus, creating electricity.
The electricity later needs some transformation before being injected in the grid.
The largest windmill having a production capacity of 15MW, most of the time, projects are the installation of windmills in farm counting between 10 to 250 units.
The Solar Photovoltaic concept for energy is the conversion of natural and artificial lights into electricity.
The photon, which is the energy vector contained in light rays, while hitting on the solar panel will produce what is called the Photovoltaic effect, a mix of heat and electronic stimulation.
This electronic stimulation will generate a movement of electrons in the solar cell and thus induce direct current electricity.
The Green Hydrogen, not to be confused with the Grey Hydrogen and the Blue Hydrogen, is the production of Hydrogen from water (H20) splitting.
The Green Hydrogen production is based on the water Electrolysis. Meaning, the electricity injected in the liquid is going to separate the water molecule into hydrogen and oxygen.
Blue Hydrogen, not to be confused with Grey Hydrogen and Green Hydrogen, is an hybrid concept targeting to decarbonize today hydrogen production.
The concept of what is called Blue Hydrogen is a combination of a Grey Hydrogen plant with a facility of Carbon Capture.
Aware our customers play a main role in the energy transition, we have built the expertise and the according database to help them in this perspective.
From now on, Project Smart Explorer will not only over the Oil & Gas and Petrochemical but also the projects of Renewable Energy and Decarbonization.
Where do we stand 6 months in 2020?
we decided to investigate the reality of data and crunch our numbers from www.projectsmartexplorer.com to make an inventory halfway through the year.
Today trends on the market give us the forecast Capital Expenditures for 2020 should end-up at the same level or above compared to 2019. Previsions for 2021 are also high, fueled by projects postponed.
