Published by Todd Bush on January 23, 2024
OSLO, Norway, Jan. 23, 2024 /PRNewswire/ -- Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding to jointly pursue opportunities related to carbon capture, utilization and storage (CCUS) and CO2 compression in the North American market. The agreement leverages MAN's expertise in compressor technology and system integration, as well as Aker Carbon Capture's proven amine technology and carbon capture products. The adoption of standardized and modularized solutions will contribute to drive scale through cost-efficient developments with optimized energy consumption and delivery time.
>> In Other News: Aker Carbon Capture Awarded Feasibility Study by Waste-to Energy Player in Switzerland
The two companies are currently collaborating on delivering the world's first carbon capture plant for the cement industry at Heidelberg Materials' Brevik CCS project in Norway.
"We are thrilled to expand our cooperation with MAN Energy Solutions to the North American market, where we see significant potential for CCUS to drive the transition towards net zero", said Jonah Margulis, Head of North America at Aker Carbon Capture. "This agreement will strengthen our position to remove and reduce carbon emissions from industries and energy solutions, which is supported by strong incentives from the U.S. Government".
"We are delighted to work with ACC, which appreciates our comprehensive expertise in compressor solutions in general and in the area of CO2 compression in particular. We feel encouraged by the high level of interest in our technical solution concepts that we are on the right path towards sustainable decarbonization of the industries that have previously had particularly high emissions", said Dr. Marco Ernst, Head of Sales and Project Management CCS at MAN Energy Solutions.
North America is one of the leading regions for CCUS globally, with a large number of projects under development and in operation. According to Rystad Energy, the total volume of CO2 captured could reach 200 million tonnes per year in this region by 2030, which is twice the size of the current European market.
>>Read more about Aker Carbon Capture here
The following files are available for download:
https://news.cision.com/aker-carbon-capture-asa/i/pr-man,c3259330
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 🌍 HIF Global Signs Collaboration Agreement with Airbus for Sustainable Aviation Fuels 🔋 Exxonmobil Signs Carbon Capture Agreement With CF Industries in Mississippi 🚧 After Year...
I've been monitoring the climatetech and decarbonization startups this year, and here’s what I learned. International Energy Agency (IEA) expects global clean energy investment to hit $2 trillion ...
Inside this Issue 🌱 FuelPositive: Completes On-Farm Commissioning of the First Scalable Green Ammonia Production System and Announces New Manitoba-Based Partnerships 🌍 A New Era for Clean Energy: ...
Siemens Energy Wins Contract for Large-scale Hydrogen Project From German Utility EWE
[**Siemens Energy**](https://www.siemens-energy.com/) **has been awarded a contract to supply a 280-megawatt electrolysis system by German utility EWE. The plant in the German city of Emden is expe...
Shell to Build 100-megawatt Renewable Hydrogen Electrolyser in Germany
COLOGNE/WESSELING, GERMANY – [Shell Deutschland GmbH](https://www.shell.de) (**Shell**) has taken a Final Investment Decision (FID) to progress REFHYNE II, a 100-megawatt renewable proton-exchange ...
After Years of Controversy, Illinois State Pauses CO2 Pipeline Construction, for Now
**New safety requirements for carbon dioxide pipelines as well as a temporary ban on their construction are now in effect after Gov. JB Pritzker on Thursday signed a bill that passed the General As...
Exxonmobil Signs Carbon Capture Agreement With CF Industries in Mississippi
* We’ll remove up to 500,000 metric tons of CO2 annually from CF Industries’ site in Yazoo City. * It’s the latest sign of our leadership in CCS, a proven emissions solution. * ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.