EQT, Equinor, Shell Polymers, U.S. Steel, and several other companies with either a base of operations or major interest in the Marcellus/Utica region, yesterday announced a new initiative to establish a carbon capture, utilization & storage (CCUS), as well as hydrogen production and utilization hub. A CCUS/H2 hub, if you will. While no specifics were announced, the aspiration seems to be establishing several facilities that capture, store or reuse carbon dioxide created during industrial activities, and figure out how to create more hydrogen (H2) and use it as a power source and (perhaps) as a raw input for manufactured products. Ultimately the aim of the group is to generate more business in the Appalachian region by committing to reduce CO2 emissions.
