![]() In addition to better output and cycle life than their lithium counterparts, testing performed by an independent testing service has shown these batteries to be nonflammable, a critical safeguard for the high usage and power that would be required for certain operations. ![]() The sodium-ion batteries contain several features that distinguish them from existing battery technology. "Our batteries provide the high power over short distances that ground service equipment needs, and unlike lithium-ion, Natron's batteries are completely nonflammable and can be safely deployed into ground service operations." "Natron's sodium-ion batteries will help the aviation industry achieve its decarbonization and EV goals," said Colin Wessells, CEO of Natron Energy. Greatly improving resiliency related to inclement weather.Allowing airport operations to manage electricity demand.Charging anticipated future electric aircraft such as electric air taxis.Natron's batteries could potentially be deployed in support of a number of uses, including: United has more than 12,000 pieces of motorized ground equipment across its operations, of which about one third are currently electric. United is looking forward to future opportunities to work with our airport partners on sustainable technology initiatives." Natron's cutting-edge sodium-ion batteries presented an ideal opportunity to both potentially expand our sustainability investment portfolio to our ground operations, and to help make our airport operations more resilient. "Out of the gate, we primarily focused on technology designed to help reduce carbon emissions from our airplanes. "United Airlines Ventures was created to identify companies spearheading the next generation of innovative and emissions-reducing technology," said Michael Leskinen, President of United Airline Ventures. ![]() United has made substantial investments in companies developing technology to reduce aircraft emissions, but Natron is the first that has the potential to reduce the greenhouse gas footprint from United's ground operations. 30, 2022 /PRNewswire/ - United Airlines today announced a strategic equity investment in Natron Energy, a battery manufacturer whose sodium-ion batteries have the potential to help United electrify its airport ground equipment like pushback tractors and operations at the gate. United becomes the first major airline to invest in a battery manufacturer, based on publicly announced investmentsĬHICAGO, Nov. It is fully integrated, with operations all over the world.Natron Energy's high-performance sodium-ion batteries outperform lithium-ion counterparts in power density, recharging speed, and safety Headquartered in San Ramon, CA, Chevron is one of the largest publicly-traded oil and gas companies. This is expected to play a significant role in the future energy system and can eventually make advancements to Chevron's core business in oil and gas. Importantly, the new fund will focus on innovations. In 2019, the investment arm commenced a $90-million fund to invest in business start-ups that can help expedite the energy business of its parent company. Since its foundation in 1999, Future Energy Fund II is the eighth venture capital fund set up by Chevron Technology Ventures. As a result, peers like Exxon Mobil Corporation XOM introduced a decarbonizing technology venture to remove carbon dioxide from the atmosphere. This Houston-based investment arm’s portfolio for low-carbon technology includes several companies, namely Blue Planet, Carbon Clean, Carbon Engineering, ChargePoint, Eavor, Infinitum Electric, Natron Energy, Spear Power Systems, Svante, Voyage, Vutility and Zap Energy.Īt present, several energy companies are setting greenhouse gas targets to reduce emissions or considering investments in renewable energy and green technology as investors and activists brought immense pressure on the energy sector to curb climate change. Notably, the start-up fund is estimated to be $100 million. In 2018, Chevron Technology Ventures initiated the first Future Energy Fund and invested in more than 10 energy companies, focusing on carbon capture and storage. Notably, this is the second Future Energy Fund launched by Chevron’s investment arm, which intends to uphold innovations in industrial decarbonization, newer mobility technologies, energy decentralization and the rising circular carbon economy.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |