ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

EMR Emerson Electric Co

106.54
0.13 (0.12%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Emerson Electric Co NYSE:EMR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.13 0.12% 106.54 107.38 105.95 107.17 5,924,306 01:00:00

Emerson Technologies Selected for Geothermal Clean Energy Production

22/02/2022 2:00pm

Business Wire


Emerson Electric (NYSE:EMR)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more Emerson Electric Charts.

Geological modeling software will help HITA increase safety and reliability of sustainable geothermal energy sources

HITA, a deep geothermal energy company in Belgium, has selected global software and technology leader Emerson (NYSE: EMR) as a key technology provider in the discovery and development of geothermal energy sources in Northern Belgium. Emerson’s geological and reservoir modeling software will help reduce risk in selecting locations for renewable geothermal energy projects, increasing the safety and reliability of construction and operation while enabling long-term sustainable energy production from the earth’s heat.

Climate change policies are driving growth of geothermal energy—an industry forecasted to grow as much as eightfold in the European Union by 2050, according to the International Renewable Energy Agency. Emerson’s geological modeling software will help HITA locate the most suitable subsurfaces for drilling deep geothermal wells to unlock sustainable energy sources for corporate and municipal use.

“A highly accurate and realistic picture of subsurface geology is critical for the safe development of sustainable energy sources,” said Stijn Bos, chief operating officer and senior project geologist at HITA. “Emerson technologies use seismic, geologic and other data to generate detailed models that can determine the best location for geothermal plants.”

Emerson’s SKUA-GOCAD modeling software will help HITA more easily identify drilling locations by creating highly realistic models designed for easy interpretation.

“Geological exploration and production software, including Emerson’s SKUA-GOCAD modeling software, has traditionally been used in the oil and gas industry. But it’s also well suited for geothermal energy, as well as carbon capture and storage,” said Mark Bulanda, executive president of Emerson’s Automation Solutions business. “Emerson’s advanced, science-based applications will help move society toward a safer and more sustainable future.”

For more information about Emerson’s exploration and processing software solutions, please visit www.emerson.com/skua-gocad.

About Emerson

Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.

Additional resources:

  • Join the Emerson Exchange 365 Community
  • Connect with Emerson via Twitter Facebook LinkedIn YouTube

 

For Emerson Denise Clarke 512.587.5879 denise.clarke@fleishman.com

1 Year Emerson Electric Chart

1 Year Emerson Electric Chart

1 Month Emerson Electric Chart

1 Month Emerson Electric Chart

Your Recent History

Delayed Upgrade Clock