GE Vernova Gas Power, Korea’s CARBONCO, a company specialising in decarbonization solutions, BP Berau, the Operator of Tangguh gas fields, PLN Nusantara Power, a subsidiary of Indonesia’s national utility PLN, and PT Jawa Satu Power, the owner of PLTGU Jawa, have announced the signing of a Memorandum of Understanding, to jointly carry out a feasibility study to develop a CCUS value chain and joint solutions to decarbonise gas power plants in Indonesia. Solutions would be powered by GE Vernova power technology.
The joint project is said to align with efforts to bolster Indonesia’s energy transition towards a lower-carbon future rapidly and with scale, especially in the power generation sector.
The MoU builds on an announcement made in October 2022 by GE and CARBONCO to jointly explore a roadmap for the integration of CCUS technology with gas-fired power plants in Asia and the Oceania regions, powered by GE Vernova power technology. Both parties have since identified and developed tangible opportunities based on economic viability and project feasibility. This MoU with bp, PLN Nusantara Power, and Jawa could be an important milestone in paving the way to accelerate the adoption of CCUS technologies in Asia.
Under the agreement, PLN Nusantara, Jawa 1, CARBONCO, bp and GE Vernova will collaborate to address the entire CCUS value chain, from the implementation of carbon capture technology in gas-fired power plants to the transportation of CO2 to import and export terminals as well as the sequestration of captured CO2 at the Tangguh field in Teluk Bintuni, Papua Barat, Indonesia.
GE Vernova will build on its recognised experience to integrate combined cycle power plants with CARBONCO’s CCUS technology. CARBONCO will deploy its experience in CCUS – more than 20 years experience executing a variety of decarbonisation projects.
The Tangguh CCUS project is the most advanced CCUS project in Indonesia with a development plan that received approval from the government in 2021 for its ongoing FEED work and planned project sanction in the near future.