SK E&S to Collaborate with US Company on Carbon Capture Demonstration at LNG Power Plant
SK E&S is embarking on a demonstration project to capture carbon emissions from liquefied natural gas (LNG) power plants in collaboration with a U.S. petrochemical technology specialist.
On the 26th, SK E&S announced that it signed a joint development agreement with Honeywell UOP, a U.S.-based company, to build a carbon capture demonstration plant. Honeywell UOP is a subsidiary of Honeywell, a technology company specializing in aerospace, energy, and environmental sectors, holding over 4,900 patents in the energy, petroleum, and chemical fields.
Cha Taebyeong, Head of SK E&S Net Zero Technology Center (right), is taking a commemorative photo with Barry Glickman, Vice President of Honeywell UOP, after signing a joint development agreement at Honeywell UOP headquarters located in Des Plaines, Illinois, USA, on the 30th of last month.
View original imageThe two companies will begin the Front-End Engineering Design (FEED) for the carbon capture demonstration plant and discuss commercialization plans for the jointly developed carbon capture technology. SK E&S will provide one of its power plant sites for the demonstration plant construction and handle various permits, as well as engineering, procurement, and construction (EPC). Honeywell UOP will supply its proprietary technology to SK E&S and participate in technology development, including process efficiency improvements.
Honeywell UOP is known to have secured technology capable of capturing approximately 95% or more of carbon dioxide from flue gas emitted after fossil fuel combustion. Although the carbon dioxide concentration in flue gas from LNG power generation is about 4%, which is lower than that of coal-fired power plants (12-14%), the capture process consumes significant energy. Consequently, global companies are competitively developing energy-efficient capture technologies.
In particular, Honeywell UOP’s technology was recognized for its low energy consumption during demonstrations conducted at the U.S. National Carbon Capture Center (NCCC).
SK E&S is currently promoting "low-carbon LNG production," applying Korea’s first carbon capture and storage (CCS) technology through the development of the Barossa gas field in Australia, and plans to continue its carbon reduction efforts in the power generation sector through this collaboration.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "This Strike Must Fail": Criticism Emerges Within Samsung as DS-MX Conflict Surfaces
- Individual Investors Absorb Foreign Sell-Off... Concerns Over Becoming "Cannon Fodder" Emerge
- Experts Shocked by Record Numbers: "Just the Tip of the Iceberg" — The Identity Behind the 90% Dominating Teens [Chuiyakgukga]⑨
- "No Cure Available, Spread Accelerates... Already 105 Dead, American Infected"
Cha Taebyeong, head of SK E&S’s Net Zero Technology Center, stated, "Collaborating with Honeywell UOP, which possesses internationally recognized technology, will greatly aid SK E&S in achieving its green portfolio. We will contribute to carbon reduction in the power generation sector through the commercialization of carbon capture at natural gas power plants."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.