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 🌬️ Return and Verified Announce First 100% Wind-Powered Direct Air Capture Hub, Designed To Scale to 500,000 Tons Annually 🌍 The Importance of Responsible Carbon Removal: Insight...
Inside This Issue 💰 OnStream Receives $26 Million in Federal Funding for Louisiana Offshore Carbon Storage Hub Development and Announces Joint Venture Partnership with Major Midstream Company 🌍 Ex...
Inside This Issue 🌍 EDF Group and Abraxas Power Corp. Announce Strategic Partnership for the Exploits Valley Renewable Energy Corporation Green Hydrogen and Ammonia Project in Newfoundland 💧 Hydro...
FLAGSHIPS Wins Prestigious Award at EU Hydrogen Week
The FLAGSHIPS project takes home the Best Outreach Award at EU Hydrogen Week, celebrating its pioneering role in zero-emission waterborne transport and hydrogen innovation. At the EU Hydrogen Week...
Haffner Energy Launches Its Hydrogen Production, Testing and Training Center in Champagne, France
Vitry-le-François, France – November 22, 2024, 08:00 am CEST Inaugurated today, Haffner Energy's hydrogen production, testing, and training center is about to start producing renewable hydrogen us...
Sara Nawaz and the Institute for Responsible Carbon Removal are paving the way in a crucial sector: addressing climate change through sustainable and equitable carbon removal practices. With growi...
'Project Concho' Combines Proven DAC Technology, New Local Wind Power And Texas' Carbon Storage Capacity SAN ANGELO, Texas, Nov. 21, 2024 /PRNewswire/-- Carbon capture and removal project develope...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.