Case Study: Partnering to advance carbon neutral carbon capture

1/3

Share of all coal-fired capacity that is less than 10 years old

4Tcm

Amount of natural gas consumed worldwide

40%

Percentage of energyrelated emissions from the power sector

20%

Percentage of gas as a source of power generation globally

cs6

Case study summary

Carbon capture, utilisation, and storage (CCUS) plants are crucial for mitigating climate change and supporting the transition to a low-carbon economy. CCUS technology captures carbon dioxide emissions from power plants and industrial processes before they reach the atmosphere, reducing greenhouse gas concentrations and helping to meet international climate targets. The technology scores highly for its ability to retrofit the existing infrastructure and allow continued use of facilities that might be too early to be retired. CCUS is also valuable for decarbonising hard-to-abate sectors like cement, steel and chemicals. But the biggest challenge so far has been economic viability and scalability.

The world’s first utility-scale natural gas-fired power plant with nearzero atmospheric emissions by NET Power could usher in a change. The project fully integrates power production with transportation and underground sequestration of carbon dioxide. The new plant will be built near Occidental’s Permian Basin operations and is expected to be online by late 2027 or mid-2028.

Organisations involved: 8 Rivers Capital, Baker Hughes, NET Power, Occidental Petroleum

Download Case Study ufi-member 1

Share ADIPEC's 'Energy in Context' with your LinkedIn network

Click this link: www.adipec.com/sharecasestudy
Log in to your LinkedIn account
Edit the text and banner (optional)
Publish the post

What is the Energy in Context series?

The transformation of the world’s energy system offers a unique opportunity for economic growth, with the energy sector driving global advancement.

ADIPEC’s Energy in Context series presents high-value briefs and case studies that showcase progress, foster dialogue and fast-track innovation to accelerate the energy transition.

The series explores key pillars driving the industry’s transformative journey towards a secure, equitable, and sustainable energy future.

Decarbonising today’s energy systems

Energy, economic growth and emissions

Financing a just, orderly and equitable transition

Financing innovation in energy systems

Synergies between energy and AI, technology

Navigating the energy transition talent gap

Join ADIPEC, the world's largest energy conference and exhibition

ADIPEC offers an inclusive stage where over 1,800 thought leaders address the most pressing global energy challenges through 370+ strategic and technical conference sessions. The event convenes 205,000+ attendees and 2,250+ energy companies from around the world to showcase the latest innovations shaping the future of energy.