29 June, 2021
Equinor has signed a memorandum of understanding (MOU) with U. S. Steel to examine the potential for hydrogen and carbon capture and storage (CCS) development in the tri-state region of Ohio, Pennsylvania and West Virginia.
The MOU establishes a common objective of assessing the technological and commercial possibilities of hydrogen and CCS, in order to demonstrate the role gas can play in a future energy system that achieves climate targets.
“A hydrogen and CO2 hub in the Appalachian Basin, utilizing the region’s natural gas resources while capturing and safely storing the emissions, would be an important tool to meet the future energy demands of domestic industry within the US ambition to achieve net-zero by 2050. The US faces a challenge to ensure that energy-intensive industries remain competitive within a net-zero scenario,” says Equinor US country manager Chris Golden.
Equinor US country manager, Chris Golden