Carbon capture technology provider Capsol Technologies has signed a Memorandum of Understanding with a US utility to develop what is expected to be the first commercial-scale gas power plant using its CapsolGT carbon capture solution.
The agreement grants Capsol exclusivity to support project development and work with partners and investors to mature the initiative to a final investment decision.
According to the company, CapsolGT is designed for simple-cycle gas turbines and captures carbon dioxide directly from the turbine exhaust while reusing waste heat to generate surplus electricity.
Capsol said the system delivers more than 95% capture without the need for additional steam or combined-cycle equipment.
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