As countries around the world reduce their hydrocarbon consumption, Mitsubishi Heavy Industries (MHI) has opened its Center of Excellence for Energy Transition Solutions at Mitsubishi Power Americas, headquartered in the United States. Market analysis indicates that the U.S. is currently poised to lead the world in transitioning toward clean, decarbonized energy.
“By having the Center of Excellence located in the United States, we will have additional resources and clear focus to lead the global transition towards clean energy,” said Mitsubishi Power Americas President and CEO Bill Newsom, who recently reorganized the company’s business portfolios to focus on two areas: core power generation and energy transition to enable rapid growth to support the energy transition.
The core power generation business of Mitsubishi Power Americas consists of hydrogen-capable gas turbine combined cycle power plants, aero-derivative gas turbines, new equipment manufacturing, repairs, and original equipment manufacturing and non-OEM services.
“Our core business is strong, and we continue to be a global leader in heavy-duty gas turbine market share for the calendar year 2022. This is due, in large part, to MHI’s investment in Advanced Class technology, which provides improved fuel efficiency and higher-output gas turbines. We also thoroughly validate our technology at T-Point 2, a grid connected gas turbine combined cycle power plant, to ensure the highest quality. Our service businesses provide technology upgrades that allow existing assets to integrate with intermittent renewables and extend the overall life of the power plant,” Newsom said.
The energy transition portfolio comprises businesses that are accelerating the pace of decarbonization, including hydrogen infrastructure, photovoltaic (PV) solar development, electrolyzers, and lithium-ion battery storage technology.
“On the energy transition solutions side, we are developing and deploying technologies that will enable the power industry to reach net-zero no later than 2050. We are creating a partnership ecosystem to scale technologies. For example, in partnership with Magnum Development, we are developing the Advanced Clean Energy Storage Hub in Delta, Utah, which is the world’s first utility-scale green hydrogen production, storage and transport facility,” Newsom said.
Mitsubishi Power Americas remains committed to providing the technologies and solutions needed for customers to achieve net-zero carbon emissions by 2050 economically and in line with the U.S. government’s target.
Newsom stated that his team can deliver on its commitment with the help of the right partners and a steady flow of advanced technology from MHI.
“By bringing the team together, we can innovate and accelerate the pace of the energy transition. We can leverage our various strengths, diverse backgrounds and different approaches to solve our customer’s challenges. Together we will create a clean, affordable and reliable energy future,” he said.
