Industry Leaders Collaborate to Develop Integrated Carbon Capture, Utilisation and Sequestration and Lower Carbon Hydrogen Value Chains
- Written by Reporters
SINGAPORE - Media OutReach Newswire - 12 January 2024 - Chevron Singapore Pte Ltd, Keppel, Pan-United Corporation, Surbana Jurong, Air Liquide Singapore, Osaka Gas Singapore, and Pavilion Energy (together Parties) have signed a Memorandum of Understanding (MOU) to collaborate on lower carbon opportunities to support Singapore's aspiration of achieving net-zero emissions by 2050[1].
Low Carbon Technology Industry Consortium (LCT-IC) MOU Signing Ceremony featuring: Zhang Xi, Vice President, Southeast Asia Cluster & Managing Director, Air Liquide; Law Tat Win, Singapore Country Chairman, Chevron; Wong Wai Meng, CEO, Keppel Data Centers and Networks Division; Frederick Chew, CEO of A*STAR, guest-of-honour at the MOU signing ceremony; Hideomi Tsujimura, President & CEO, Osaka Gas Singapore; Ken Loh, Chief Operating Officer, Pan-United Corporation; Malcolm Lim, Head, Singapore Hub, Pavilion Energy Singapore; Tan Wooi Leong, Senior Executive Director, Energy, Surbana Jurong Infrastructure,. [Left to Right]
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, Utilisation and Sequestration (CCUS) as well as the production, transportation, distribution and utilisation of lower carbon hydrogen and its derivatives at scale. This is with the aim of commercialising new lower carbon technology pathways in Singapore. This is an extension of aprevious MOU signed in July 2020, which aimed to accelerate the development of integrated and 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 to the LCT-IC. Under the MOU, the LCT-IC members will seek to partner, exchange ideas, share technical insights and develop lower carbon research, development and demonstration guided by the following framework: Research in lower carbon technology: Develop research and development projects on lower-carbon energy technology solutions together with various Institutes of Higher Learning (IHLs) and Research Institutes (RIs). Other industry collaborators could also be involved as required. Technology Translation – Partner technology scale-up platforms to translate and advance lab-scale research and technologies of lower Technology Readiness Levels (TRL) to technology test-beds for scale-up. Scalable Solutions -- Establish scalable industrial solutions to realise lower carbon value chains, including first-of-its kind, pre-commercialisation demonstration projects. As a consortium, members regularly engage with technology startups, academia, and research institutes to keep abreast of developments in lower carbon technology in Singapore, which has the potential to scale into commercially viable solutions. This consortium and its members have participated in earlier relevant research grant calls from government agencies. The consortium has also been invited to contribute towards developing new industry standards related to energy transition e.g. CCUS. Some notable areas of partnerships since the earlier MOU include: - Collaboration with the National University of Singapore (NUS) to propose innovative solutions in combating rising seawater levels as part of a Marine Climate Change Science (MCCS) grant call.
- Participation in the Low Carbon Energy Research (LCER) Grant Call - Chevron and Surbana Jurong partnered with NUS and Nanyang Technological University (NTU) on the development and validation of novel hollow fiber membranes for carbon dioxide (CO2) capture, a project awarded under the LCER Grant Call.
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Chevron
Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity of our operations and seeking to grow lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.
Source https://www.media-outreach.com/news/singapore/2024/01/12/272134/