#Norway #Fornebu #SLB Capturi #Aker Carbon #Just Catch

Aker Carbon Capture ASA Announces First Modular Carbon Capture Plant

In a significant development for the green energy sector, Aker Carbon Capture ASA (ACC ASA), a member of the Aker Horizons portfolio, has proudly announced the successful commissioning of its first modular carbon capture facility by SLB Capturi. This plant, located at Twence's waste-to-energy facility in Hengelo, Netherlands, represents a breakthrough in the quest for affordable and efficient carbon capture solutions.

The newly operational plant utilizes the innovative Just Catch™ design, which incorporates a modular approach. This design minimizes the complexity and time involved in onsite installation, making it more cost-effective and accessible to deploy compared to other options currently available in the market. With the ability to capture up to 100,000 metric tons of CO2 annually, this plant is set to make significant contributions toward global decarbonization efforts.

Collaboration Behind the Success

SLB Capturi is a joint venture formed between SLB and ACC ASA, leveraging the combined strengths and competencies of both organizations to pursue industrial decarbonization on a worldwide scale. The equity structure of this venture places SLB in control with an 80% stake while ACC ASA holds the remaining 20%. This powerful partnership looks set to accelerate the deployment of carbon management technologies across various industries.

Implications for Industries

The captured CO2 will be redirected towards applications within the horticulture and food and beverage sectors. This transformative approach not only aids in reducing emissions but also repurposes the captured carbon for beneficial use, creating a circular economy around CO2.

As industries worldwide shift towards sustainable practices, projects like the one completed in Hengelo could exemplify how waste products can be transformed into valuable resources. With mounting pressure to reduce carbon footprints, such operational plants demonstrate the potential for innovative technologies to support environmental goals while also stimulating economic growth.

Vision of Aker Horizons

Aker Horizons is fervently committed to developing green energy solutions and promoting sustainable industrial practices to assist in the global shift to net-zero emissions. Their ongoing initiatives include a focus on renewable energy, carbon capture technologies, and sustainable asset management. With a presence on five continents, Aker Horizons is rapidly expanding its influence while contributing to the global effort against climate change.

This landmark plant in the Netherlands not only serves as a testament to Aker Carbon Capture's capabilities but also as a beacon of hope for an industry striving for a sustainable future. As nations and companies rally to meet ambitious climate targets, projects that facilitate carbon reduction will undoubtedly become integral to various industrial strategies in the coming years.

Conclusion

The completion of the modular carbon capture plant represents a pivotal moment in the battle against climate change. Aker Carbon Capture ASA and SLB Capturi have set a standard for future initiatives aimed at remediating atmospheric CO2 levels. The commitment of industry leaders to innovate and invest in cleaner technologies will be crucial in steering the world towards a sustainable and environmentally responsible future.