Energy transition technology specialist Technip Energies has announced the launch of Capture.Now – a strategic platform that combines its carbon capture, utilisation and storage (CCUS) solutions to support global decarbonisation efforts.
According to the International Energy Agency (IEA), a CCUS capacity of 7 Gtpa (gigatonnes per annum) will have to be reached by 2050 to reach global Net Zero targets.
Technip Energies’ portfolio of ongoing FEED (Front-End Engineering Design) and EPC (Engineering, Procurement and Construction) projects contribute to capture more than 30 Mtpa (million tonnes per annum) of carbon dioxide (CO2).
These projects include the company’s large Blue H2 facilities (ExxonMobil Baytown site) and carbon capture units for power or waste-to-energy facilities that use the Shell CANSOLV technology.
They also include CCS solutions applied to low-carbon liquefied natural gas (LNG) enabling 25% greenhouse gas emissions compared to traditional LNG facilities (Qatar Energy NFE and NFS).
Capture.Now forms part of Technip Energies’ strategy to reinforce its position in CCUS in addition to accelerating its ambition to ‘shape new frontiers’ in carbon valorisation.
Stating that she sees ‘huge potential’ for its CCUS solutions to make a meaningful global impact, Julie Cranga, VP Business Development CO2 Management of Technip Energies, added, “With Capture.Now, Technip Energies states its ambitions to shape the CCUS industry and capture opportunities of carbon transformation and valorisation.”
“Building on our track record and working together with our partners and clients, we will continue to break boundaries with a growing portfolio of innovative CCUS technologies and solutions and lead the way on the journey towards a low-carbon society.”
Through its pre- and post-combustion CCUS solutions, the Group achieves carbon capture rates of over 95% with more than 50 development projects worldwide.
Spanning four continents these projects contribute to more than 35 Mtpa of carbon to be captured and/ore avoided.
