Baker Hughes announced this Monday it has acquired an exclusive license form SRI International to use SRI’s top-notch technology for carbon capture (CCUS). It is a mixed-salt process (MSP) solution that enables a smaller carbon footprint, as well as energy efficiency compared with other capturing systems.
Firstly, the agreement further expands Baker Hughes’ carbon capture, utilization and storage (CCUS) technologies; particularly for its applications in the treatment of flue gases from fossil fueled power plants; also, gas turbines, the cement industry and other industrial applications.
Secondly, the SRI’s technology received support from the U.S. Department of Energy’s Office of Fossil Energy; and National Energy Technology Laboratory. As said above, it is a state-of-the-art MSP that combines an efficient, post-combustion carbon capture process that uses a novel solvent formulation, that relies on commodity chemicals.
Thirdly, in the scale defined by the European Union of its Horizon 2020 framework, the MSP developed by SRI International has a technology readiness level of 4. It also combines readily available potassium and ammonia (NH3) salt solutions to enable reduced reboiler and auxiliary electric loads; lesser emissions, and also reduced water usage. In addition, the MSP requires a smaller footprint than competing CCUS solutions.
Moreover, as the advancement of carbon capture technology is widely considered critical to meet global climate and net-zero goals by 2050, SRI’s and Baker Hughes’ agreement is a strategic advancement in the energy transition path.
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Advantages of the top-notch CCUS system of SRI International
In addition, Manish Kothari, president of SRI International, said. “Our process has the benefits of a low manufacturing carbon footprint, reduced energy consumption and greater efficiency. It also differentiates itself from other developments by the use of a widely available and environmentally friendly solvent.”
He also remarked. “As an energy technology company committed to the energy transition, Baker Hughes is the ideal partner to demonstrate the advantages and commercial benefits of our MSP solution.”
On the other hand, Rod Christie, executive VP of Turbomachinery & Process Solutions at Baker Hughes, said. “Technology plays a key role in ensuring that new energy frontiers such as CCUS are cost-competitive and sustainable.”
Finally, he concluded. “we are strategically and purposefully investing in the development and industrialization of innovative technologies to be deployed in a cost-effective manner; once the market reaches maturity, the MSP has the potential to contribute to the advancement of CCUS. Also, to provide a lower-cost and energy-efficient solution with reduced emissions, making it ideal for commercial applications.”