GE to help develop carbon capture roadmap
By Mike Brezonick28 October 2022
GE Gas Power said it has signed of a Memorandum of Understanding (MoU) with one of Korea’s leading Engineering, Procurement and Construction (EPC) companies, DL E&C Co. Ltd. and its subsidiary, Carbonco, a company specialized in decarbonization, to jointly explore a roadmap for carbon capture technology integration with natural gas combined cycle plants in Asia and Oceania, powered by GE power technology.
As part of the MoU, DL E&C, Carbonco and GE will collaborate to advance the adoption of low carbon gas power plants by embedding carbon capture expertise. All three parties will identify and develop potential project opportunities for an existing or new combined cycle power plant, as well as conduct feasibility and front-end engineering design (FEED) studies to explore possible locations to implement CCUS technologies within a combined cycle power plant.
GE together with DL E&C and Carbonco will also jointly explore the commercialization of CCUS technologies integrated with combined cycle power plants for interested customers.
With the goal of deploying post combustion treatment of CO2 for power plants, powered by GE’s gas turbines across Asia and Oceania, GE will build on its recognized experience in advanced technology and control concepts to integrate combined cycle power plants with DL E&C and Carbonco’s CCUS technology. GE will lead full-scale integration with the goal of ensuring dispatchability, lower carbon intensity, high flexibility and reliability and lower capital cost.
“GE continues to play a critical role in supporting the advancement of the region’s energy goals, working alongside local players such as DL E&C, and we are especially focused on developing crucial breakthrough energy technologies such as carbon capture,” said Ramesh Singaram, president & CEO GE Gas Power Asia. “In Asia, there is a significant installed base of over 1300 GE gas turbines that is providing electricity for customers and communities across the region. We are pleased this collaboration will pave the way for our customers to pursue the adoption of CCUS technologies in their GE gas turbines and significantly contribute towards addressing carbon emissions reduction in the power sector and support climate change commitments across Asia.”
Under the MoU, DL E&C and Carbonco will collaborate toward deploying their technological capabilities and experience in CCUS which includes solutions that are currently able to manage carbon emissions of more than 3000 tons per day (1 million tons per year), a standardized model based on industry needs, modularization that enables quality control and risk management, as well as methods to transform collected CO2 into valuable compounds such as liquid carbonic acid or carbon mineralization, for recycling or domestic and international storage.
“GE holds advanced power generation technologies, and DL E&C and Carbonco have the experience of commercializing Korea’s-first carbon capture plant and carbon capture plant design capabilities,” said Jae-hyung Yoo, chief executive, Business Development Office at Carbonco. “With the collaboration and synergy with GE, we plan to actively expand our decarbonization business overseas to help provide tailored solutions for carbon neutrality in Asia and Oceania.”