GE and Svante collaborate on solid sorbent carbon capture
Companies agree to develop applications of Svante’s novel technology for gas-fired power plants
Turbine manufacturer GE Gas Power has agreed to work with Canada-based carbon capture technology company Svante on the development of the latter’s solid sorbent-based carbon capture technology for deployment at gas-fired power plants. The agreement comes after GE made an equity investment of $318mn in Svante as part of the Canadian company’s latest fundraising round. Svante’s carbon capture filters are made by coating solid adsorbents, including metal-organic frameworks, onto thin sheets of laminate. The joint development agreement with GE will focus on gas-fired generation, although the system can be used in about 85pc of existing CCS applications, including refineries and plants producing
Also in this section
25 April 2024
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation