Carbonor and Aker Carbon Capture have signed a Memorandum of Understanding to utilize Aker Carbon Capture’s ‘Just Catch 100’ technology integrated with Carbonor’s pyrolysis technology to produce low-emission, high-carbon reductants for the alloy industry
Carbonor and Aker Carbon Capture have signed a Memorandum of Understanding to jointly develop Carbonor’s planned low CO2 char production in Øygarden in western Norway. The project will utilize Aker Carbon Capture’s ‘Just Catch 100’ technology integrated with Carbonor’s pyrolysis technology to produce low-emission, high-carbon reductants for the alloy industry.
The project could become the first in which carbon capture and storage is sold as a service, where the emitter pays a fee based on the volume of carbon captured. The ‘Just Catch 100’ is Aker Carbon Capture’s modular and compact carbon capture unit with annual capture capacity of 100,000 tonnes CO2. The MoU covers the development of the Øygarden opportunity and has a validity of 4 years.
Helene Morne, CEO of Carbonor said: “We are excited to take another step towards our goal of producing low CO2 char while creating sustainable jobs in the new CCS industry in Norway. Our goal is to commission Carbonor’s new char operations in time for the opening of the Norwegian Longship CCS project with the Northern Lights terminal at Øygarden in May 2024.”
As part of the project, Carbonor and Aker Carbon Capture will establish the full CCS value chain from capture to storage, utilizing leading technology, as well as innovative business models. The companies are already collaborating on CCS solutions for char production. Aker Carbon Capture’s mobile test unit is currently at Carbonor’s site in Poland, testing ACC’s proprietary technology for CO2 capture.
Valborg Lundegaard, Chief Executive Officer of Aker Carbon Capture said: “Bringing our capture technology and business model innovation into the partnership with Carbonor is a great opportunity to advance the application of CCS into new market segments.” The agreement with Carbonor follows Aker Carbon Capture’s recent launch of Carbon Capture as a Service, a flexible business model where the full value chain can be delivered within the price of the European CO2 quota system (ETS) or similar relevant reference point.