
Aerial view of a thermal power plant. (Source: Shutterstock)
CNX Resources Corp. and ICE Thermal Harvesting LLC are partnering to generate 100% emissions-free, locally-sourced power for CNX operations, CNX announced in a Jan. 24 press release.
ICE Thermal Harvesting turns waste heat from client operations into decentralized renewable power to improve energy efficiency, according to ICE’s website. Phase One of the joint project will utilize ICE technology to capture and convert engine exhaust heat from CNX’s Dry Ridge compressor station in West Virginia for ICE’s heat-to-power systems.
"Capturing waste heat from compressor stations enables CNX to generate locally-sourced, zero-emission power for our operations and further reduce overall emissions,” said Ravi Srivastava, CNX president of new technologies, in the release. “Our initial pilot project with ICE makes good business and environmental sense – and it's part of our Appalachia First vision to identify and deploy innovative technologies that drive operational efficiencies, environmental progress and commercial excellence."
RELATED
CNX Resources to Enhance Technology, Local Community in Appalachia
The project is expected to produce approximately half a megawatt of sustainable electricity for CNX operations. Phase One is expected to reduce 1,325 metric tons of CO2 annually, with later phases expected to reduce nearly 4,000 metric tons of CO2 annually.
Phases Two and Three will see additional systems installed at Dry Ridge following a successful Phase One.
“ICE Thermal Harvesting sees opportunity where others see waste,” said co-founder of ICE Carrie Murtland. “We're proud to partner with CNX, a proven sustainability leader, to deploy our heat-to-power systems that generate reliable zero-emission power. Working alongside innovators like CNX, we continue to demonstrate that energy producers can cost-effectively address on-site power needs while reducing carbon emissions."
Based in the Appalachia Basin, CNX is a low carbon intensive natural gas development, production, midstream and technology company.
Recommended Reading
On the Market Oil and Gas Quicklist (Week of Feb. 1, 2023)
2023-02-01 - Here’s a quicklist of oil and gas assets on the market including Point Energy Partners Operating LLC's Ward County, Texas, divestitures and Quadrille Energy Co. LLC's of interests in various Oklahoma counties.
Energy A&D Transactions from the Week of March 8, 2023
2023-03-08 - Here’s a snapshot of recent energy deals including Carrier Energy Partners' exit from the Eagle Ford Shale and Equinor's purchase of Suncor Energy's U.K. business for $850 million.
Energy A&D Transactions from the Week of Jan. 25, 2023
2023-01-25 - Here’s a snapshot of recent energy deals including Chesapeake Energy’s $1.4 billion deal to sell Eagle Ford Shale acreage in the Brazos Valley region to WildFire Energy, and Matador Resource’s $1.6 billion bolt-on acquisition in the northern Delaware Basin.
Energy A&D Transactions from the Week of March 22, 2023
2023-03-22 - Here’s a snapshot of recent energy deals, including Canadian Pacific Railway’s $27 billion acquisition of Kansas City Southern, the only single-line crude-by-rail railroad connecting Canada, the U.S. and Mexico.
Energy A&D Transactions from the Week of Jan. 11, 2023
2023-01-11 - Here’s a snapshot of recent energy deals including Northern Oil & Gas (NOG) closed on an upsized acquisition of working interests in Midland-Petro D.C. Partners LLC and Phillips 66 $3.8 billion deal with DCP Midstream LP.