Business In Utah - 2021

Page 39

TARGE TED INDUSTRIES

Utah

Green Energy Hub of the West Millard County is home to what could become the West’s new energy hub, thanks to a reconfiguration of the state’s largest coal-fired power plant. By 2025, the Intermountain Generation Station in Millard will be decommissioned as a coalfueled power plant. New natural gas-fueled generating units will come online with green hydrogen as part of the fuel mix. Initially, 30% of the overall energy output will come from green hydrogen, expanding to 100% by 2045 as technology evolves. “Many coal communities around the country are struggling with the closure of power plants,” said John Ward, spokesman for the Intermountain Power Agency, the owner of the entire project, known as the Intermountain Power Project (IPP). “IPA, and the other project participants, have diligently worked to develop new energy projects

that can build on the substantial infrastructure already in place at IPP, including land, regional transmission systems, rail, highway, and a highly-skilled energy workforce.” Green hydrogen is made using machines called electrolyzers, which have been around for centuries. During a process known as electrolysis, water is broken into hydrogen and oxygen. The oxygen is released into the atmosphere, and the hydrogen is captured. As long as the electricity to power the machines comes from a renewable source such as wind or solar, the process results in zero greenhouse gases, unlike other forms of hydrogen production that release carbon dioxide into the air.

BUSINESS IN UTAH | 2021

36


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Quality of Life

9min
pages 90-100

Infrastructure

6min
pages 86-89

Government

6min
pages 80-83

Utah: A Global Hub for Investment

2min
pages 74-75

Education

1min
pages 76-77

Workforce

3min
pages 78-79

Healthcare

1min
page 85

Utah’s Path To Economic Recovery Runs Directly Through Global Markets

3min
pages 72-73

Utah’s Top 10 Economic Development Stories in 2020

3min
pages 70-71

Utah Regional Economic

2min
pages 68-69

Price: A Town of Endless Opportunities

2min
pages 64-65

Vernal’s Innovation Hub

2min
pages 66-67

Abra Kanabra

3min
pages 61-63

Cache Valley: Economic Success at the Top of the State

3min
pages 56-57

Heber Valley: Reimagining Tourism’s Role in the Community

4min
pages 58-60

Iron County Shines

3min
pages 53-55

Rural Workforce Network Brings Economic Development Opportunities to Rural Utah

2min
pages 49-50

A Place for Remote Work in Rural Utah

2min
pages 51-52

Utah’s Science Guy

3min
pages 45-46

Opportunities Abound in Utah’s Software and Information Technology Arenas

2min
pages 47-48

BioHive: The Fastest-Growing Life Science Ecosystem in the Nation

3min
pages 43-44

Utah: Green Energy Hub of the West

3min
pages 39-40

Giving Utah Small Businesses and Entrepreneurs a Competitive Advantage

3min
pages 37-38

When It Comes To Banking, Utah Takes Center Stage

2min
pages 41-42

Growth and Expansion Continues for Utah’s Aerospace and Defense Companies

3min
pages 34-36

Utah Inland Port Authority

3min
pages 28-30

Utah’s Entrepreneurial Spirit is at the Core of its Advanced Manufacturing Companies

2min
pages 32-33

Targeted Growth Through

2min
page 31

What’s The Point?

3min
pages 26-27

Building Bridges Between

2min
page 23

STRATA Connects

3min
pages 24-25

Corporate Recruitment

2min
pages 12-13

Delivering Innovative

3min
pages 21-22

Utah’s Economy Amid a Pandemic

5min
pages 10-11

Utah Film Industry Adapts to Pandemic

2min
pages 16-17

A Tent As Old As Time

3min
pages 18-20

Utah’s Tourism Industry

3min
pages 14-15
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