Capsol Technologies has signed a Memorandum of Understanding (MoU) with a major US utility, granting exclusivity to develop what could become the first commercial-scale low-carbon gas power plant using the company’s proprietary CapsolGT® carbon capture system.
The agreement represents a milestone for Capsol as it expands into the North American utility market, where interest in reliable, low-carbon power is accelerating.
Under the MoU, Capsol will collaborate with technology partners and project investors to advance the initiative toward a final investment decision (FID). The company’s leadership notes that US utilities are under growing pressure to balance decarbonization with system affordability and operational reliability.
A Cost-Leading Carbon Capture Solution for Gas Turbines
Designed specifically for simple-cycle gas turbines, CapsolGT® captures CO2 directly from turbine exhaust while utilizing waste heat to generate additional electricity.
The system delivers over 95% capture without requiring steam generation or complex combined-cycle upgrades, an advantage that can help utilities reduce emissions while maintaining dispatchability.
Its technical profile is particularly well suited to the surging power demand from data centers, where consistent, low-carbon electricity is becoming a critical requirement.
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Natural gas remains central to the North American energy mix, supplying roughly 36% of US electricity in 2024.
With gas expected to remain a long-lasting component of the region’s generation portfolio, Capsol sees significant market potential for CapsolGT® in both retrofits and new thermal assets.
The MoU also includes an assessment of the technology’s broader application across additional brownfield and greenfield projects within the utility’s portfolio, signaling the potential for a larger-scale rollout should the initial project advance.
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