Industry Leaders Collaborate to Develop Integrated Carbon Capture, Utilisation and Sequestration and Lower Carbon Hydrogen Value Chains

SINGAPORE – Media OutReach Newswire – January 12, 2024 – Chevron Singapore Pte Ltd, Keppel, Pan-United Corporation, Surbana Jurong, Air Liquide Singapore, Osaka Gas Singapore and Pavilion Energy (together the parties) have signed a Memorandum of Understanding (MOU) to collaborate on carbon reduction opportunities to support Singapore’s aspiration to achieve net zero emissions by 2050[1].

Collectively known as the Low Carbon Technology Industry Consortium (LCT-IC), the parties will explore, through the advancement of technology, to accelerate the development of cost-effective carbon capture, utilization and sequestration (CCUS) systems. ), as well as the large-scale production, transport, distribution and use of low-carbon hydrogen and its derivatives. This is with the aim of commercializing new low-carbon technology pathways in Singapore.

This is an extension of a the previous MoU signed in July 2020, which aimed to accelerate the development of integrated, energy-efficient CCUS systems that lead to industrially scalable solutions and a lower carbon economy for Singapore. The MoU now welcomes Air Liquide Singapore, Osaka Gas Singapore and Pavilion Energy as new members of the LCT-IC.

Under the MoU, LCT-IC members will seek to establish partnerships, exchange ideas, share technical knowledge and develop low-carbon research, development and demonstrations guided by the following frame:

Research on low carbon technologies: Develop research and development projects on low-carbon energy technology solutions in collaboration with various Institutes of Higher Education (IHL) and Research Institutes (RI). Other industry collaborators could also be involved, if necessary.

Technological translation – Combine technology scaling platforms to translate and advance laboratory-scale research and technologies with lower Technology Readiness Levels (TRLs) to technology testbeds for scaling the scale.

Scalable solutions — Establish scalable industrial solutions to realize lower carbon value chains, including first-of-its-kind pre-commercial demonstration projects.

As a consortium, members regularly engage with technology startups, universities and research institutes to stay abreast of low-carbon technology developments in Singapore, which have the potential to develop into commercially viable solutions . This consortium and its members participated in relevant research grant calls from government agencies. The consortium was also invited to contribute to the development of new industrial standards linked to the energy transition, for example CCUS.

Some notable areas of partnership since the previous MoU include:

1. Collaboration with the National University of Singapore (NUS) to propose innovative solutions to combat rising sea water levels through a Marine Climate Change Science (MCCS) grant call.

2. Participation in the Low Carbon Energy Research (LCER) Grant Call – Chevron and Surbana Jurong have partnered with NUS and Nanyang Technological University (NTU) for the development and validation of new hollow fiber membranes for capturing carbon dioxide (CO2), a project awarded as part of the LCER Call for Grants.

Encouraged by the progress and fruitful discussions, the seven consortium parties wish to build on these efforts and expand the partnership and scope of the MOU to include, but not limited to: CCUS and Hydrogen at low carbon and its derivatives, in end-to-end value chains.

In the area of ​​carbon capture and utilization, the parties are currently exploring opportunities around CO2 mineralization for use in the construction sector.

CO2 sequestered in concrete has the potential to reduce the embodied carbon of buildings and other structures where concrete could be used. Consortium members are expected to be involved at different stages of this value chain to jointly study the availability of raw materials, potential market demand in Singapore and qualification requirements for new products. This could be followed by a techno-economic analysis and a product life cycle assessment.

Mr. Frederick Chew, CEO of A*STAR, who was the guest of honor at the MoU signing ceremony, said: “The efforts of such industrial consortia to develop and commercially deploy technologies low-carbon projects will help achieve Singapore’s net-zero emissions targets. It is encouraging to see the scope of this collaboration expand, as innovation through R&D will be crucial to solving common problems and barriers to adoption. »

“Partnerships are essential to advancing the energy transition. This MoU includes partners from diverse industries, but with a common goal of promoting a vibrant ecosystem that allows technological advancements to thrive and create low-carbon, scalable and affordable value chains that the industry will adopt. my partners and I are excited about what this next phase of collaboration could bring, as we move towards a low-carbon energy future,” said Law Tat Win, Country President of Chevron Singapore, on behalf of the LCT- IC.

[1]
Singapore and international efforts (nccs.gov.sg)

https://www.chevron.com/
https://www.linkedin.com/company/chevron/

Hashtag: #Chevron #Sustainability #EnergyTransition #CarbonCapture

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