Baker Hughes has teamed up with NET Power to advance the development and global deployment of zero-emission power plants.
The energy technology company has joined a strategic partnership with and invested in NET Power to advance the technical and commercial deployment of the latter firm’s low cost, electric power system that generates no emissions and inherently captures all carbon dioxide.
Baker Hughes will apply its technology capability to develop CO2 turbo expanders and other critical pumping and compression technology for NET Power plants, in addition to bringing its experience in supporting market deployment.
NET Power is working with clients globally to develop utility-scale NET power plants, with initial projects aiming to come online in the next four years.
Its technology uses natural gas and oxygen to fuel a CO2 cycle that generates electricity whilst also capturing carbon dioxide.
The clean power plants will operate with high efficiency and produce only electricity, water and pipeline-ready or sequestration-ready CO2 that will be permanently locked away from the atmosphere.
Rod Christie, Executive Vice President of Turbomachinery & Process Solutions at Baker Hughes said: “We are excited to join other global leaders and innovators to help reduce greenhouse gas emissions by advancing step changes in critical infrastructure, including clean integrated power.
“NET Power’s emissions-free power technology solution is driven by advances in clean power efficiency and carbon capture which are key enablers and demonstrate the vital role climate technology plays in enabling the energy transition.”