Decarb Weekly 9/19/24

Decarb Weekly, by Industria Partners, is a collection of articles focusing on trends and transactions in industrial decarbonization and climate tech. 

Chart of the Week: 

10-Year electricity load CAGR from start year, forecast – NERC

Recent Market News:

• Google is purchasing carbon credits from direct air capture provider, Holocene. Holocene will capture and store 100,000 tons of CO2 by the early 2030s at a price of $100 per ton. – Google Keyword
• The U.S. Department of Energy and various international companies are investing billions in low-carbon ammonia and hydrogen projects across the United States, including a $1.56 billion loan for a carbon-negative ammonia facility in Indiana and a $2.35 billion acquisition of a Gulf Coast project by Woodside Energy. – WSJ

Transactions:

• 9/13/24: Mitsubishi Corp. is in talks with Exxon Mobil to purchase a low-carbon ammonia facility in Texas. – WSJ 
• 9/12/24: The U.S. Department of Energy is providing up to $500 million to support 1PointFive’s South Texas Direct Air Capture Hub. – 1PointFive
• 9/10/24: Brookfield Asset Management announced a strategic funding partnership with Infinium worth up to $1.1 billion. The funding will go towards Infinium’s eFuels platform. – Infinium
• 9/9/24: Five Point Energy closed an oversubscribed fourth fund at $1.4 billion. The new fund is focused on building sustainable infrastructure. – PR Newswire

In-Depth Read:
Integrating Solar and Wind: Global experience and emerging challenges – IEA

Podcast:
The better mousetrap fallacy – Catalyst with Shyle Kann
 

Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients.