GE Gas Power, part of global energy major GE Vernova (NYSE: GE), has signed a memorandum of understanding (MoU) with Norwegian carbon transportation specialist Northern Lights JV DA to develop end-to-end carbon capture and storage (CCS) solutions, including solutions for plants powered by GE gas turbines.
According to a joint statement, the partners will explore technical and logistical solutions to capture, transport, and store carbon dioxide (CO2) in a move to support the development of an effective CCS supply chain.
“At GE we are continually advancing our power generation technologies towards near zero-carbon emissions, and this evolution includes the use of carbon capture and sequestration in order to drastically reduce CO2 emissions in the critical effort to mitigate climate change,” Martin O’Neill, Vice President of Strategy at GE Gas Power, said in a comment.
Relevant: Research: Carbon Capture Crucial To The Future Of Natural Gas
According to the statement, GE is partnering with providers and customers to advance innovation in the carbon capture and sequestration (CCS) sector and has already reached agreements with Linde, Technip, NetZero Teesside, and Southern Company, among others.
Last year, the U.S. Department of Energy’s (DOE), through its Office of Fossil Energy and Carbon Management, provided funding to GE for a front-end engineering design (FEED) study aimed at developing a detailed plan for integrating carbon capture technologies with a natural gas combined cycle plant. The goal is to capture approximately 95% of CO2 emissions, with scheduled commercial deployment by 2030.
In March this year, GE teamed up with Svante to develop and assess innovative solid sorbent technologies for carbon capture that can be applied to power generation units using natural gas. The energy major also carried out successful tests for its first Direct Air Capture (DAC) prototype unit at its Climate Action@GE Lab (CAGE) in Niskayuna, NY.
Read more: GE And Svante To Collaborate On Carbon Capture Tech For Heavy Industry
