May 17, 2020

Focusing AIM on the oil and gas industry

Admin
2 min
Real time data
[email protected] Make sure to check out the latest issue of Energy Digital magazine The best practices in the design of real-time operating centers...

Make sure to check out the latest issue of Energy Digital magazine 

The best practices in the design of real-time operating centers to improve collaboration, increase efficiencies, and enhance data security for the oil and gas industry have been outlined in a recently released white paper.

Thinklogical, a worldwide provider of KVM signal extension and switching systems for video-rich big data computing environments, released the white paper, titled “Design Considerations for Real-Time Operating Centers: Best Practices for Asset Integrity and Secure Information Management for the Oil and Gas Industry.”

The research study examines best practices for the design of the underlying system used to securely control, manage and distribute the flow of video, data and other information to, from and within the real-time operating center.

The oil and gas industry has seen the rapid adoption of asset integrity management (AIM), an overarching approach designed to facilitate people, processes and technology working together to improve productivity, safety and security while also protecting the environment. Critical to AIM objectives is the real-time operating center (ROC) and its visual computing infrastructure consolidating video-rich information from drilling rigs, pipelines, refineries, sensors, remote vehicles, and other data sources.

Learn more about the oil and gas industry:

Top 6 trends for oil and gas industry in 2014

A compass improves oil production

Women gain ground in the oil and gas field

“The oil and gas industry faces a multitude of complex business and operational challenges, and the real-time operating center provides the visual data and situational insight needed for managers to make better-informed decisions," said Joe Pajer, president and CEO of Thinklogical.

“Deploying a secure, high-performance video and data distribution system in the ROC based on the design considerations and best practices found in this white paper will ensure that organizations are able to navigate these challenges effectively and capitalize on the benefits and efficiencies of implementing AIM.”

 

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Apr 16, 2021

Hydrostor receives $4m funding for A-CAES facility in Canada

energystorage
Canada
Netzero
Dominic Ellis
2 min
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction...

Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.

The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction. 

The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.

The project has support from Natural Resources Canada’s Energy Innovation Program and Sustainable Development Technology Canada.

Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.

The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”

A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth. 

Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."

The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.

Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019. 

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