Published by Todd Bush on March 3, 2025
March 3 (Reuters) - Baker Hughes (BKR.O) on Monday announced a partnership with Frontier Infrastructure to accelerate the development of its large-scale carbon capture and storage (CCS) and power solutions in the United States.
Baker Hughes stated it would provide technology solutions to support carbon capture projects along with power generation and data centers.
Baker Hughes said it would leverage key technologies for well design, carbon dioxide compression, and long-term monitoring to develop Frontier Infrastructure's Sweetwater Carbon Storage Hub located in Wyoming.
The company added it would use its gas turbines to support 256 megawatts of power generation to meet increasing power demand across the U.S. Mountain West region, Texas, and Wyoming.
>> In Other News: The Companies Leading the Charge in Direct Air Capture
According to the U.S. Energy Information Administration, power demand is expected to reach record highs this year, primarily driven by the rapid expansion of data centers to support AI technology and industrial operations.
Carbon capture is a process of storing CO2 underground, a crucial strategy for the energy sector to mitigate emissions from industrial activity and reduce its impact on global greenhouse gas levels.
"Baker Hughes is committed to delivering innovative solutions that support increasing energy demand, in part driven by the rapid adoption of AI, while ensuring we continue to enable the decarbonization of the industry," said Lorenzo Simonelli, CEO, Baker Hughes.
"By integrating gas-fired energy with the potential for permanent carbon storage, we are creating a direct, reliable power solution tailored to evolving industrial needs," said Robby Rockey, co-CEO, Frontier Infrastructure.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 RepAir Raises $15 Million to Scale Electromechanical Carbon Capture Solution ⚙️ Haffner Energy Unveils Hynoca® Flex 500 IG: a Flexible, Cost-effective Alternative to Grey Hydro...
Inside This Issue 🏆 XPRIZE Makes History, Awards $100m Prize for Groundbreaking Carbon Removal Solutions USA - English USA 🌍 Vaulted Deep Wins $8M in XPRIZE Carbon Removal Competition 🧱 PHNX Mater...
Inside This Issue 🌲 Living Carbon Announces Agreement with Microsoft for 1.4 Million Tonnes of Carbon Removal from Reforestation of Former Mine Lands in Appalachia 🏭 US Energy Expands Carbon Captu...
Exxon Mobil (NYSE:XOM) Partners With Calpine for Large-Scale Carbon Storage and Low-Carbon Energy
Exxon Mobil recently revealed a significant agreement to manage carbon dioxide storage with Calpine Corporation, a move that might contribute to its role in low-carbon energy initiatives. The compa...
RepAir Raises $15 Million to Scale Electromechanical Carbon Capture Solution
RepAir announced that it has raised $15 million in a Series A funding round, with proceeds to be used to commercialize the company’s electromechanical solution designed to remove atmospheric and in...
STORD, Norway, April 24, 2025 /PRNewswire/ -- Höegh Evi, a global leader in marine energy infrastructure, and Wärtsilä Gas Solutions, part of technology group Wärtsilä, have successfully completed ...
Haffner Energy unveils Hynoca® Flex 500 IG: A flexible, cost-effective alternative to grey hydrogen and fossil fuels Cogeneration of hydrogen and electricity offers a unique solution for managing r...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.