Aker Carbon Capture awarded feasibility study by MAN Energy Solutions to develop power-to-fuel solution

Rhea-AI Summary

Aker Carbon Capture ASA - MAN Energy Solutions has awarded Aker Carbon Capture a feasibility study to develop a joint power-to-fuel-solution. The study aims to integrate Aker Carbon Capture's Just Catch 100 unit into a full power-to-fuel solution. This partnership supports MAN Energy Solutions' objective to drive the transition towards a carbon-neutral world. Aker Carbon Capture's Just Catch 100 unit captures approximately 12.5 tonnes per hour of CO2 from flue gases, which is then combined with green hydrogen to create sustainable e-methane or other e-fuels.

Positive

• The partnership between Aker Carbon Capture and MAN Energy Solutions demonstrates a commitment to accelerating the CCUS market and transitioning towards a carbon-neutral world. Aker Carbon Capture's Just Catch 100 unit's proven capability to capture CO2 from flue gases contributes to the production of sustainable e-methane and other e-fuels, aligning with the growing demand for climate-neutral fuels.

Negative

• None.

OSLO, Norway, Nov. 15, 2023 /PRNewswire/ -- MAN Energy Solutions has awarded Aker Carbon Capture a feasibility study to develop a joint power-to fuel-solution. The study, which extends Aker Carbon Capture's partnership with MAN Energy Solutions, investigates the full integration of Aker Carbon Capture's standardized and modularized Just Catch 100 unit into a full power-to-fuel solution.  

"We are excited to be working with MAN Energy Solutions in the power-to-fuel area, supporting their objective to drive the transition towards a carbon-neutral world together with its partners. Our partnership builds on the ongoing delivery to Heidelberg Materials' Brevik CCS project", said Jon Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture. "We have recently strengthened our foothold in the CCUS market with a number of strategic pre-FEEDs and studies. The award of this feasibility study is further validation that the CCUS market is accelerating", continued Knudsen.

Aker Carbon Capture's Just Catch 100 unit captures approximately 12.5 tonnes per hour of CO2 from the flue gases. This has proven to be applicable when working directly with power-to-fuel processes downstream of the capture plant. From there, it is typically combined with green hydrogen, produced through electrolysis using renewable electricity, to create sustainable e-methane or other e-fuels. MAN Energy Solutions has a strong presence in the electrolyzer and the methanation process space and is looking for a highly energy-efficient, integrated solution. In this study, the aim is to integrate a carbon capture unit into a full power-to-fuel solution. 

"CO2 is an important feedstock for e-fuels production and a steady supply is critical to make such climate-neutral fuels available in large quantities. Therefore, we are looking forward to collaborating with Aker Carbon Capture who have various references in the field of carbon capture", said Ulrich Vögtle, Head of Business Development and New Solutions at MAN Energy Solutions. 
Adopting Aker Carbon Capture's standardized and modularized Just Catch 100 unit would contribute to decreasing costs and accelerating project implementation timelines. 

Today, methane originates mainly from fossil sources, and is used for heating, chemical processes or in industrial furnaces. To increase security of supply and achieve lower emissions, this project is investigating producing e-methane. The e-methane can be liquified to produce sustainable LNG, or it can be used in gaseous form as a replacement for traditional methane. 

At Twence's waste-to-energy facility in the Netherlands, Aker Carbon Capture is currently delivering a Just Catch 100 unit with a capacity of 100,000 tonnes CO2 per year. In May of this year, the company started the delivery of five Just Catch 100 units to Ørsted's bioenergy facilities in Denmark, with a design capture capacity of 500,000 tonnes CO2 per year. 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 small and mid-scale emitter market. 

Media contact:
Yannick Vanderveeren, mob: +47 458 36 358, email: yannick.vanderveeren@akercarboncapture.com

Investor contacts:
David Phillips, mob: +44 7710 568279, email: david.phillips@akercarboncapture.com

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SOURCE Aker Carbon Capture ASA

FAQ

What is the feasibility study about?

The feasibility study aims to develop a joint power-to-fuel solution integrating Aker Carbon Capture's Just Catch 100 unit into the process.

How much CO2 does the Just Catch 100 unit capture?

The Just Catch 100 unit captures approximately 12.5 tonnes per hour of CO2 from flue gases.

What are the potential products created from the captured CO2?

The captured CO2 is combined with green hydrogen to create sustainable e-methane or other e-fuels.

What are the expected benefits of the partnership?

The partnership aims to decrease costs, accelerate project implementation timelines, and contribute to the production of sustainable e-methane and other e-fuels.

What are Aker Carbon Capture's current projects?

Aker Carbon Capture is currently delivering a Just Catch 100 unit to Twence's waste-to-energy facility in the Netherlands and Ørsted's bioenergy facilities in Denmark, with plans to standardize and modularize carbon capture plants for small and mid-scale emitters.