Norway’s Teco 2030 Asa and the US Chart Industries, Inc will jointly develop technological solutions for capturing CO₂ emitted from ships and then storing it in liquid form.
The partners will develop the onboard carbon capture solutions for ships using the Cryogenic Carbon CaptureTM (CCC) technology developed by Sustainable Energy Solutions (SES), which Chart Industries, Inc. acquired in December 2020. The collaboration aims to separate the CO2 from the ships’ exhaust gases, resulting in a high purity liquid CO2 product that would be stored onboard in cryogenic storage tanks until the ship reaches port.
However, one of the challenges that storing CO2 onboard ships would require space, given that space on ships is rather limited. It is assessed that each tonne of fossil fuel consumed by ships leads to around three tonnes of CO2 emissions.
The CO2 will then be offloaded to be either stored underground permanently or used in several applications such as the agricultural, industrial, energy, or food and beverage sectors.
The carbon capture technology will be a key element in the Teco 2030 Future Funnel, an exhaust gas cleaning system for ships developed by Teco 2030.
The International Maritime Organization (IMO) aims to cut emission in international shipping by 40% by 2030 and to slash the total annual greenhouse gas emissions by at least 50% by 2050.
Teco 2030 is also working on hydrogen fuel cells for the maritime industry to enable ships to switch from fossil fuels to green hydrogen to make the operation completely emissions-free.
Stian Aakre, CEO of Teco 2030, said, “When the new CO2 capture integration that we are collaborating with Chart Industries, Inc. and Sustainable Energy Solutions (SES) on is ready, it will enable ships to capture and store the CO2 that they would otherwise have emitted into the air.”
Jill Evanko, CEO and President of Chart Industries, Inc, said, “We are excited to bring our carbon capture process expertise to the maritime industry with a partner like Teco 2030 that is dedicated to solving the emissions challenges facing ship-owners today.”