CCUS is instrumental in reaching global Net Zero goals, with International Energy Agency projections estimating that a 7 Gtpa (gigatons per annum) CCUS capacity would be needed by mid-century to support those targets.
Technip Energies’ portfolio of Front-End Engineering Design and Engineering, Procurement, and Construction projects currently allows for the capture of over 30 Mtpa (million tonnes per annum) of carbon dioxide.
The projects span from large Blue H2 facilities (ExxonMobil Baytown site) to Carbon Capture units for Power or Waste-to-Energy facilities that use the Shell CANSOLV technology. They also include CCS solutions applied to low-carbon liquified natural gas sites that enable 25% greenhouse gas emissions compared to traditional LNG sites.
The Capture.Now platform allows Technip Energies to speed up its strategic ambition to create new frontiers in carbon utilization. The company plans to continue to invest in new technologies, and collaborations, to aid the development of innovative uses for CO2 and new business models that support the circular economy.
“We see a huge potential for our carbon capture, utilization and storage (CCUS) solutions to make meaningful global impact,” said Julie Cranga, VP Business Development CO2 Management of Technip Energies. “With Capture.Now, Technip Energies states its ambition to shape the CCUS industry and capture opportunities of carbon transformation and valorization.“
Technip Energies has more than 60 years of experience in energy infrastructure projects globally. The company, which is listed on the Euronext Paris stock exchange, operates in 35 countries and employs over 15,000 people.