- TECO 2030 ASA has signed a Memorandum of Understanding with Chart to jointly develop technological solutions that will capture carbon dioxide (CO2) emitted by ships.
- The agreement between TECO 2030 and Chart covers a period of three years.
TECO 2030 ASA has signed a Memorandum of Understanding with Chart to jointly develop technological solutions that will capture carbon dioxide (CO2) emitted by ships and subsequently store it in liquid form, says an article published in Chart.
TECO CEO’s Remarks
“When the new CO2 capture integration that we are collaborating with Chart and Sustainable Energy Solutions (SES) on is ready, it will enable ships to capture and store the CO2 that they would otherwise have emitted into the air, and which would thereby have contributed to climate change,” says Stian Aakre, CEO of TECO AS.
Joint Development Agreement
The agreement between TECO 2030 and Chart covers a period of three years and involves the joint development of onboard carbon capture solutions for ships using the Cryogenic Carbon Capture™ (CCC) technology developed by SES, which was acquired by Chart in December 2020.
System Design & Working
This innovative technology, which utilizes Chart’s expertise in cryogenic equipment and systems along with SES’s patented and proven technology, will separate the CO2 from the ships’ exhaust gases, resulting in a high purity liquid CO2 product. The liquid CO2 is then stored onboard in cryogenic storage tanks until the ship reaches port.
When it has been offloaded from the ship, the CO2 can then either be permanently stored in geological formations underground or be put to beneficial use in CO2-consuming industries, such as the agricultural, industrial, energy, or food and beverage sectors.
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Source : Chart
