Aker Carbon Capture has signed a pre-FEED contract for a major European power
company to implement carbon capture at a portfolio of power plants in mainland
Europe. The planned capture capacity could reach up to 14 million tonnes CO2 per
year for the applicable sites combined.
The pre-FEED will assess the optimal CO2 capture and compression, as well as the
heat recovery potential and heat integration solutions for the applicable
plants. This will reduce the total heating and cooling demands related to
capturing and conditioning the CO2. Aker Carbon Capture aims to deliver its
bespoke Big Catch concept, which is fully integrated into the plants of the
customer. This includes both advanced heat integration, and downstream
integration enabling record-low energy consumption by making it possible to
reuse energy along the value chain.
"This award underlines the industry's continued interest and trust in Aker
Carbon Capture's expertise and capability to deliver world-leading configurable
carbon capture plants, as we are doing in Norway, the Netherlands, and Denmark.
Carbon capture and storage is critical to achieve the European Union's climate
goals. We welcome the opportunity to support the delivery of clean electricity
to European households and to contribute to the decarbonization of industry",
said Jon Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture.
Aker Carbon Capture is developing a full-scale Big Catch facility with CO2
capture, conditioning, compression, heat integration, intermediate storage and
loading for the Brevik cement plant in Norway. Brevik CCS will be the first
industrial scale carbon capture plant at a cement factory anywhere in the world
and will capture 400,000 tonnes of CO2 per year.
At Twence's waste-to-energy facility in the Netherlands, Aker Carbon Capture is
currently delivering a Just Catch unit with a capacity of 100,000 tonnes CO2 per
year. In May of this year, Aker Carbon Capture was awarded a large-scale carbon
capture project by Ørsted, a global leader in renewable energy, for the delivery
of five Just Catch units to the Ørsted Kalundborg Hub in Denmark. These flagship
projects contribute to Aker Carbon Capture's mission to standardize and
modularize carbon capture plants, with reduced footprint and significant cost
and energy benefits, to the mid-scale emitter market.
"Aker Carbon Capture continues to see significant study activity across
different regions and industries. This latest award follows several studies and
pre-FEEDs awarded earlier this year, further supporting the positive market
momentum we're witnessing for carbon capture and storage since 2022", Knudsen
added.
ENDS
Media contact:
Yannick Vanderveeren, mob: +47 458 36 358 (http://tel:+47 458 36 358),
email: yannick.vanderveeren@akercarboncapture.com
Investor contacts:
David Phillips, mob: +44 7710 568279 (http://tel:+44 7710 568279), email:
david.phillips@akercarboncapture.com
Aker Carbon Capture is a pure-play carbon capture company with solutions,
services and technologies serving a range of industries with carbon emissions,
including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen
segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a
unique, environmentally friendly solution for removing CO\2\ emissions.
Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect
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release may include forward-looking information or statements and is subject to
our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).