NZT Power, which aims to take a final investment decision in September 2024 or before, could generate up to 860 megawatts of low carbon electricity. // PHOTO: Net Zero Teesside Power
February 21, 2024
BY Net Zero Teesside Power
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Bayou Bend, a joint venture between Chevron, Equinor, and TotalEnergies SE, is a carbon dioxide (CO₂) transportation and storage project in Southeast Texas. It’s designed to support key regional industries in reducing the carbon intensity of their operations. The goal is for Bayou Bend to serve as a central hub for CO₂ storage in the area.
The Global Centre for Maritime Decarbonisation has successfully completed the world’s first maritime pilot demonstrating the full value chain of onboard captured carbon dioxide in China on 25 June 2025. This cross-sectoral demonstration highlights how captured CO2 from ships can be repurposed for industrial applications, linking maritime decarbonisation efforts with broader land-based carbon ecosystem.
Alberta’s government is investing $5 million from the industry-led TIER fund to help Deep Sky design, build and operate the world’s first direct air capture innovation and commercialization centre in Innisfail.
CarbonQuest, a leading distributed carbon capture technology provider, and Daroga Power (“Daroga”), a leading developer of power projects in the U.S., today announced their first joint carbon capture-as-a-service financing project in North America, with a goal to offer such service to customers across a variety of sectors ranging from food and beverage operations, commercial and industrial facilities, and utility infrastructure.
Nuada has developed a solution to capture industrial carbon emissions before they enter the atmosphere, targeting sectors such as cement, lime, and waste-to-energy. Compared to traditional methods, Nuada’s technology is more efficient and cost-effective, requiring 90 per cent less energy than conventional approaches.