GE Vernova, CARBONCO, BP, PLN, Jawa Satu Power to study CCUS in Indonesia

GE Vernova, Korea's CARBONCO, BP, PLN (Persero), and Jawa Satu Power have signed a memorandum of understanding (MoU) to undertake a feasibility study to develop a carbon capture, utilisation, and storage (CCUS) value chain and solutions to decarbonise gas power plants in Indonesia, GE Vernova said on September 11.

The MoU builds on an announcement made in October 2022 by GE and CARBONCO to jointly explore a roadmap for the integration of CCUS technology with gas-fired power plants in Asia and the Oceania regions, powered by GE Vernova power technology.

Under the MoU, the companies will collaborate to address the entire CCUS value chain, from the implementation of carbon capture technology in gas-fired power plants to the transportation of CO2 to import and export terminals as well as the sequestration of captured CO2 at the Tangguh field in Teluk Bintuni, Papua Barat, Indonesia.

GE Vernova will build on its experience in technology and controls to integrate combined cycle power plants with CARBONCO's CCUS technology. Tangguh is well-positioned to become the country's first CCS hub for domestic and international emitters, holding about 1.8 GtCO2 in ultimate storage capacity.

GE Vernova is a provider of power generation technology and services. CARBONCO is a developer of CCUS technology. BP is an international oil and gas company. PLN (Persero) is the state-owned electricity company of Indonesia. Jawa Satu Power is a joint venture between PLN (Persero) and Japan's Electric Power Development Co.