8 Rivers and JX Nippon to work on CCS technology
Firms intend to develop a gas calibration programme, aiming to burn previously unusable natural gas
Low-carbon technology company 8 Rivers Capital has signed a memorandum of understanding with oil and gas firm JX Nippon Oil & Gas Exploration to evaluate the US Gulf Coast for the commercial-scale deployment of carbon capture and storage (CCS) and other net-zero technologies. As part of their new initiative, JX and 8 Rivers intend to develop a gas calibration programme, aiming to burn previously unusable natural gas to produce clean energy while sequestering all the carbon dioxide. The technology combusts a combination of natural gas and oxygen inside a circulating stream of high-temperature CO₂ under pressure. The resulting CO₂ drives the turbine in a form known as a supercritical fluid
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