GE Gas Power, part of GE Vernova, and CCS specialist Svante have entered into a joint development agreement to develop and evaluate solid sorbent-based carbon capture technology for natural gas power generation applications. It is to be based on Svante’s existing metal-organic technology.
GE has made an equity investment in Svante as a part of Svante’s US $318-million Series E fundraising round in December 2022.
Svante’s patented carbon capture filters are made by coating solid adsorbents, including metal-organic frameworks (MOFs), on to thin sheets of laminate that are stacked to become nano-engineered filters. These filters can be used in multiple applications for capturing CO2 at refineries, cement, steel, aluminium, lime, boilers, pulp & paper, and more. The technology can be used for point-source post-combustion carbon capture by extracting CO2 from industrial flue gas. It is claimed that the technology can be applied to 85% of the total carbon capture and removal segment.
The JDA between GE Gas Power and Svante will focus on further development and commercialisation of novel solid sorbent technologies “aimed at decarbonizing natural gas-fired turbines in a cost-effective, environmentally responsible manner,” said Claude Letourneau, Svante’s president and CEO. “We are excited about the potential we have to open up an entirely new array of opportunities, aiming to provide carbon-free electricity in the future through the deployment of projects across gas-fired power generation facilities."
In 2022, GE announced that GE Vernova would spin off from GE in 2024 as a business purpose-built to work the energy transition field, aimed at developing and commercialising a number of breakthrough technologies, including carbon capture, to drive the energy transition.