Shell opens first oil research center in Shanghai
This week Shell opened its new technology center in Shanghai, China, which is dedicated to research and development into lubricants and oils. The center will focus on lubricant product development and application for China and the wider Asia region covering countries such as India, Indonesia, South Korea, Thailand, and Vietnam.
The research work in this 8,600 square meter, nine story building will cover a wide range of product applications including passenger car motor oils , motorcycle oils , heavy duty engine oils, transmission fluids, as well as industrial and specialty oils and greases. It will also cover oils for the shipping sector.
It will also provide hands-on technical services to customers. Staff at the center will also liaise with original equipment manufacturers and academic institutions in the region. Its laboratory facilities will enable the running of field trials, performance demonstrations and bench-testing.
The center will become a part of Shell’s network of lubricants laboratories, working closely with the other two centers, in Hamburg, Germany, and Houston, Texas. These are part of a wider 10-center strong global network of Shell R&D centers. The new center is located at Shanghai Zhangjiang High-Tech Park – one of China’s most high profile technology and innovation parks.
“Shell wants to be the most competitive and innovative energy company in the world so it is natural for us to set up a key lubricants technology establishment in this ‘innovation incubator,’” said Huibert Vigeveno, executive chairman of Shell Companies, China, in a released statement.
Photo credit: Julius Kielaitis / Shutterstock.com
Hydrostor receives $4m funding for A-CAES facility in Canada
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.
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.