SLB sees CCS growth in power sector

Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist

Technology company SLB sees a significant growth opportunity in the market for CCS to abate gas-fired power plants as electrification and the rise of hyper-scaled datacentres drive up demand for low-carbon energy. “A gas-fired power plant with CCS is one of the avenues for hyper-scalers to secure low-carbon power: interest around this has increased significantly,” said Frederik Majkut, SVP of industrial decarbonisation at SLB. “We see this as a material opportunity for us,” he told Carbon Economist in an interview. US oil and gas majors ExxonMobil and Chevron have both recently unveiled plans to develop large-scale gas-fired generation with CCS, aimed at rising datacentre power demand.