TECO and Chart team up on onboard CCS
The memorandum of understanding covers a period of three years and involves the joint development of onboard carbon capture solutions for ships using the cryogenic carbon capture technology developed by Sustainable Energy Solutions, which was acquired by Chart in December 2020.
“When the new CO2 capture integration 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,” explained Stian Aakre, chief executive of TECO.
Carbon capture and storage is the process of capturing emitted CO2 and transporting it to a storage site to prevent it from entering the atmosphere as a greenhouse gas. One of the challenges onboard ships is the limited space available to store captured CO2. Storing CO2 in liquid rather than gas form significantly reduces the volume.
Using cryogenic technology, the new process separates the CO2 from the ships’ exhaust gases, resulting in a high purity liquid CO2 product. The liquid CO2 is then stored in cryogenic storage tanks until offloaded at port where it can either be permanently stored underground or put to use in CO2-consuming industries.
When fully developed, the carbon capture solution will become available as a key element in the TECO 2030 Future Funnel, an exhaust gas cleaning system for ships developed by TECO 2030.