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The Energizer – Volume 87 | K&L Gates LLP

Industry Stakeholders Announce Formation of Clean Hydrogen Future Coalition
On 22 March 2021, a diverse group of energy industry stakeholders announced the formation of the Clean Hydrogen Future Coalition (CHFC). Comprised of some of the largest utilities and unions in the United States including Duke Energy, Chevron, the International Brotherhood of Electrical Workers, the Tennessee Valley Authority, and Siemens Energy, among others the CHFC’s will promote clean hydrogen as a key pathway to achieving global decarbonization objectives while also increasing U.S. global competitiveness.
CHFC announced its formation in part by drafting a letter urging the Biden Administration to include a role for clean hydrogen in their forthcoming infrastructure plans. CHFC notes that clean hydrogen could help accelerate the decarbonization of the economy and integrate energy resources such as renewables, nuclear, and fossil fuels with carbon capture and storage technology. CHFC also argu ....

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Baker Hughes to acquire ARMS Reliability to strengthen asset performance management portfolio

Baker Hughes to acquire ARMS Reliability to strengthen asset performance management portfolio
2/18/2021
Baker Hughes announced it is acquiring ARMS Reliability, a leading global provider of reliability solutions to some of the world’s largest industrial companies across a wide range of industries including mining, oil and gas, power, manufacturing, and utilities. The acquisition deepens Baker Hughes’ industrial asset performance management (APM) capabilities and will expand the company’s industrial asset management offerings.
APM solutions leverage data capture, integration, visualization, and analytics to improve the reliability and availability of physical assets. ARMS Reliability’s asset strategy management, asset reliability services, and consultancy experience, along with its OnePM software offering, will integrate into Bently Nevada’s System 1 software platform from Baker Hughes, which provides critical plant-wide asset health monitoring and prot ....

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