Woodside Funds Cold Plasma Project Led by Rice University in Energy Research.

Written by Paulo Nogueira Published on 17/01/2024 at 22:29

Woodside Finances Innovative Cold Plasma Project Led by Rice, With Potential for Application in Emerging Technologies and Production of Derived Products. Global Leader.

Rice University and Woodside Energy have formed a partnership aimed at reducing greenhouse gas emissions and developing low-carbon solutions. Woodside’s investment of US$ 12.5 million will fund the establishment of the Woodside-Rice Decarbonization Accelerator, an initiative focused on bringing innovative decarbonization technology developed in Rice’s laboratories to market.

The Accelerator aims to promote the commercialization of technologies focused on manufacturing products from captured carbon dioxide and methane. Rice University is exploring cold plasma technology, a unique approach to breaking down carbon dioxide in order to develop materials to enhance batteries, transistors, and other energy technologies.

Collaboration in Cold Plasma Technology to Achieve Climatic Goals

‘Net Zero is not a destination, but a journey. Over the next 10 years, emerging and innovative technologies need to reach the market if society wants to meet its climate goals’, stated Woodside CEO, Meg O’Neill. ‘We are proud to work with a world-class university like Rice to help tackle this challenge.’

ARTICLE CONTINUES BELOW

Cold Plasma Technology: An Innovative Solution

Woodside’s Executive Vice President of Technical Services, Daniel Kalms, emphasized the importance of the new collaboration based in Houston. ‘Houston, as the global energy capital, is perfectly positioned to help develop the innovative technologies needed for the energy transition. Rice is a great institution in Houston with a long history as a global leader in all energy matters. This collaboration fits perfectly with Woodside as a global leader in energy.’

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Woodside Funds Cold Plasma Project Led by Rice University in Energy Research.

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