Four industry leading companies, Keppel Data Centres, Chevron, Pan-United, And Surbana Jurong signed a Memorandum of Understanding (MOU) committing to work together and develop the first end-to-end decarbonization process in Singapore. The main focus of the collaboration is accelerating the development of a highly integrated clean and energy-efficient Carbon Capture, Utilization & Sequestration (CCUS) system that can lead to a low-carbon economy and potential commercial developments, with the first implementations targeting Singapore’s key industries such as energy, chemicals, and construction.
Under the MOU, the four companies will jointly explore, identify, and develop mature carbon capture technologies, coupled with novel technologies that utilize cryogens, membranes, and hydrogen. The four companies will also leverage the combined resources, knowledge, and capabilities with other research partners like the Institutes of Higher Learning, and international partners to advance the development of the CCUS technologies.
CCUS technology, when it will become commercially viable, is expected to help Singapore achieve its climate goals of halving emissions by 2050 from its 2030 peak and achieving net-zero emissions as soon as viable in the second half of the century.
Professor Low Teck Seng, Chief Executive Officer of the National Research Foundation (NRF), said: “Investing in low-carbon R&D to drive cost-effective solutions is crucial for Singapore in our journey towards a low-emission economy. While Singapore, like the world, is still dependent on fossil fuels for our energy needs, technologies that enable efficient CCUS would help mitigate our emissions greatly. CCUS also presents opportunities for converting carbon dioxide into novel chemicals, materials, and fuels, offering potential in growing new industries. This MOU demonstrates a commitment from both industry and researchers to co-develop innovative solutions to achieve Singapore’s long-term carbon goals of net-zero emissions.”
(Sources: The National Research Foundation; The Straits Times; The Business Times; Energy Live News)