Stadtwerke Kiel and INNIO Set Global Standards for Climate Neutral Energy Supply by 2035

  • Stadtwerke Kiel and INNIO plan to achieve climate neutrality at the coastal power plant in Kiel by 2035. • As the world’s first 190 MW large-scale engine-based combined heat and power plant, the coastal power plant is planned to be converted to hydrogen operations. • 20 Jenbacher engines are to be converted to run on green hydrogen.

KIEL, GERMANY / ACCESSWIRE / March 8, 2023 / Stadtwerke Kiel and INNIO are working on the conversion of the coastal power plant in Kiel that will allow the facility to operate on 100% green hydrogen (H2) by 2035, ten years ahead of the German government’s climate targets. With this, Europe’s most advanced large-scale engine-based combined heat and power plant is setting new global standards for climate-neutral energy supply. An important requirement for keeping to the ambitious schedule is that sufficient green hydrogen is available in time and on economic terms. Today, both companies signed a Memorandum of Understanding for the project.

https://storage.googleapis.com/accesswire/media/742791/Stadtwerke-Kiel.jpg

Stadtwerke Kiel and INNIO set global standards for climate neutrality
Picture attached for the trade media. Caption: Stadtwerke Kiel and INNIO set global standards for climate neutrality; from left to right: Dr. Jörg Teupen, Dr. Olaf Berlien 

“We need flexible backup power plants so that Kiel and Germany can be securely supplied with power – especially when the wind does not blow and the sun does not shine. There is no getting around this basic law of physics,” asserts Dr. Jörg Teupen, Board Member for Technology and Personnel at Stadtwerke Kiel AG. “In order to achieve climate neutrality for this type of power plant operation, hydrogen must be readily available to us. However, this is dependent on Europe having an abundance of hydrogen available over the coming years,” continues Teupen.

The two companies’ joint ambition is founded upon the “Eight-Point Program: Route to Climate Neutrality” established by Stadtwerke Kiel AG, the energy supplier pushing ahead with the energy transition with this program. With the original aim to be fully climate neutral in the generation of power and district heating by 2040 at the latest, the energy supplier has now brought this date forward by five years to 2035 based on its hydrogen project.

“We are setting new global standards in collaboration with Stadtwerke Kiel. The coastal power plant in Kiel is the first of its kind globally whose technology could theoretically be converted to green hydrogen today. Nevertheless, for the conversion to happen no later than 2035, policymakers need to put the correct framework in place right now,” says Dr. Olaf Berlien, president and CEO of INNIO.

The Stadtwerke Kiel coastal power plant supplies more than 73,500 homes with eco-friendly district heating and also generates electricity for the region. In doing so, the highly flexible large-scale engine-based combined heat and power plant ensures there is a secure and environmentally friendly supply of energy. INNIO’s Jenbacher engines are the first hydrogen engines at megawatt scale. The company, based in Tyrol, Austria, is among the first to be able to convert the majority of its installed engines to run on green hydrogen. The conversion of Jenbacher engines from natural gas to green hydrogen will result in the advanced, flexible coastal power plant becoming entirely climate neutral by 2035.

About INNIO

INNIO is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With our product brands Jenbacher and Waukesha and our digital platform myPlant, INNIO offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. We are individual in scope but global in scale. With our flexible, scalable, and resilient energy solutions and services, we are enabling our customers to manage the energy transition along the energy value chain wherever they are in their transition journey.

INNIO is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than 4,000 experts provides life-cycle support to the more than 55,000 delivered engines globally through a service network in more than 100 countries.

INNIO’s ESG Risk Rating places it number one of more than 500 worldwide companies in the machinery industry assessed by Sustainalytics.

For more information, visit INNIO’s website at www.innio.com. Follow INNIO on Twitter and LinkedIn.

Contact Information

Susanne Reichelt
INNIO Media Relations
susanne.reichelt@innio.com
+43 664 80833 2382

Sönke Schuster
Spokesperson
soenke.schuster@stadtwerke-kiel.de
+49 431 594 2363

SOURCE: INNIO Group

Nyxoah to Release Fourth Quarter and Full Year 2022 Financial Results on March 22, 2023

Nyxoah to Release Fourth Quarter and Full Year 2022 Financial Results on March 22, 2023

Mont-Saint-Guibert, Belgium – March 8, 2023, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will release financial results for the fourth quarter and full year 2022 on Wednesday, March 22, 2023, after market close. Company management will host a conference call to discuss financial results that day beginning at 10:30pm CET / 4:30pm ET.

Investors interested in listening to the conference call may do so by registering for a unique personal PIN at the following link:  Conference Registration (vevent.com). A live and archived webcast of the event will be available on the Company’s investor relations website at https://investors.nyxoah.com/events.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and U.S. commercialization approval.

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Contacts:
Nyxoah
David DeMartino, Chief Strategy Officer
david.demartino@nyxoah.com
+1 310 310 1313

Attachment

GlobeNewswire Distribution ID 1000797004

Abu Dhabi Sustainability Group launches 8th Sustainable Business Leadership Awards

The Abu Dhabi Sustainability Group (ADSG), supported by the Environment Agency Abu Dhabi (EAD), has announced the launch of its 8th annual Abu Dhabi Sustainable Business Leadership Awards, with the closing date for awards applications at midnight on 1st September 2023. The ADSG Awards and Gala Dinner celebration is a crucial sustainability recognition evening designed to celebrate all participating organisations’ sustainability achievements in the region. The award ceremony and celebratory gala dinner will be held at Anantara Eastern Mangroves Hotel in Abu Dhabi on 19th September 2023. The gala dinner is an annual event offering a unique opportunity for all member organisations, stakeholders and sustainability professionals to recognise sustainability achievements across the region. The awards’ Independent Expert Judges Panel will be looking for organisations and individuals who demonstrate commitment, impact, leadership, and achievements for sustainability. The awards entries must highlight the organisation’s achievements during the calendar years 2021-2023 (June 2021- June 2023) for two years. s the United Nations warns that there is no credible way to restrict global warming to 1.5 C, corporates and individuals must double up efforts to prevent additional increases in this key warming threshold. These awards are integral to the ADSG’s commitment to building global knowledge-sharing platforms to catalyse action against climate change. They also support EAD’s vision and COP28’s goals of achieving sustainability and encouraging global cooperation to address global issues. Categories to be awarded are Best Sustainability Initiative, Best Sustainability Report, Sustainability Manager of the Year, Sustainability Leader of the Year, Best Sustainability Communication Programme and Best Energy Management Initiative. ward nominations open from 1st March 2022 till 1st September 2023, where Application Forms and Guidelines can be downloaded from ADSG’s website www.adsg.ae. The scoring process for award selection is based on pointers such as integration of sustainability, plan, do, review cycle, impact, communication and engagement, innovation and leadership, materiality and recognition. Medium to large organisations with over 250 employees in the region are able to enter.

Source: Emirates News Agency

Investopia Conference 2023 discussions reach almost half billion people worldwide

Investopia, the global investment platform launched by the UAE government in September 2021, has reinforced its partnerships and communication with the business and economic media outlets to ensure Investopia’s latest developments about investment in the new economy’s sectors are delivered effectively to global audiences. During its annual conference on 2nd-3rd March 2023 in Abu Dhabi, Investopia signed a Memorandum of Understanding with the media group “JC Media Group”, the publisher of the specialised economic magazine “Economy Middle East”, to contribute to the coverage of the conference’s work and investment activities. In the presence of Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia, the agreement was signed by Badreya Al Maidoor, Undersecretary of the Ministry of Economy, and Joe Chidiac, CEO of JC Media Group. Media played an important and pioneering role in Investopia 2023 by conveying Investopia discussions and dialogues, during its annual conference or global business sessions, to the global audiences who are interested in business news and Investopia’s latest updates about investments in the new economies. Investopia conference 2023 sessions reached half a billion people worldwide through 400 tier 1 media pieces by TV, print and online media, viewed by 14 million people. International media outlets covered Investopia news worldwide in many countries such as India, the United States of America, Saudi Arabia, the UAE, South Korea, Egypt, Australia, Japan, Italy, Germany and Turkiye. Investopia 2023 conference hosted a roundtable for the Emirates News Agency (WAM) entitled “Investment opportunities in the Media sector”. The roundtable was held as part of WAM’s media partnership with the global Investopia platform in the presence of a group of investors in the sector and media leaders. Investopia conference 2023 focused on “Envisioning Opportunities in Times of Change” and three sub-themes: Envisioning Opportunities in Today’s Economy, The Future of the Wealth of Nations, and Growth Opportunities in Times of Decarbonisation. This year’s conference included 35 sessions and roundtables and brought together more than 2,000 participants like, investors, government officials, thought leaders and entrepreneurs from more than 40 countries.

Source: Emirates News Agency

Aldar renews partnership with Special Olympics UAE to empower People of Determination

Aldar Properties and Special Olympics UAE have renewed their strategic partnership until 2025 to continue enhancing the empowerment of People of Determination through enrichment programmes. ldar has been an official partner of Special Olympics UAE since 2019, offering broad support to the Special Olympics UAE’s operations and its sports, health and education programmes. The partnership renewal was signed by Talal Al Dhiyebi, Group Chief Executive Officer of Aldar Properties, and Talal Al Hashemi, National Director of Special Olympics UAE. s part of the collaboration, Aldar will provide Special Olympics UAE sponsorship, office space and support services. Aldar employees will also have access to volunteering opportunities at Special Olympics UAE events. Commenting on the partnership, Al Dhiyebi said, “Aldar is committed to building thriving and inclusive communities and we see the impact of Special Olympics UAE and its various programmes and initiatives as pivotal not only to empower individuals but also to bring communities together. We are delighted to renew our partnership with Special Olympics UAE as it will enable us to continue driving the inclusion agenda forward and create real impact in our communities.” l Hashemi, in turn, said, “The progress that Special Olympics UAE has achieved over the past years and its impact on the quality of life of hundreds of athletes, their families and People of Determination across the UAE could not have been possible without the commitment of our partners. Aldar has helped us enhance our athletes’ social integration through sports, health, education, and community initiatives, underscoring the importance of partnerships with the private sector to advance this National agenda.” Special Olympics UAE has launched training camps to prepare for the Special Olympics World Games Berlin 2023, which will be held from 17th to 25th June. The UAE will be participating in 20 different sports. The Special Olympics UAE delegation is one of the largest from the MENA region, comprising 75 athletes with intellectual and developmental disabilities, 32 unified partners, 46 coaches, medics, and the administrative and technical staff.

Source: Emirates News Agency

Warner Bros. World Abu Dhabi launches first-ever ‘Superman Run’

Following the launch of “Superman Season”, Warner Bros. World Abu Dhabi will be hosting its first-ever “Superman Run” to offer a family-friendly run on 19th March, from 6 am 12 pm. uests will experience a day full of fun and entertaining activities while choosing between three running routes; a 3km, 5km and 10km Family Run, which will be held around the perimetres of Warner Bros. World Abu Dhabi. lso, a 200m complimentary Kids Run will be held inside the park premises starting the race from Metropolis and ending in Gotham City. t the end of the race, top runners will get to claim their Super Hero embroidered medals during the awards ceremony inside the Warner Bros. Plaza. Those lucky enough to be standing on the podium will get to take memorable pictures featuring a special appearance from the Man of Steel himself alongside Supergirl. Participants can collect their race packs a day before race day, on 17th March, from 10 am – 5 pm, at the golf multi-sport tents outside the park entrance.

Source: Emirates News Agency