GE Vernova, Northern Lights Sign MoU for CCS Solutions

GE Vernova’s Gas Power business and Northern Lights JV DA, a Norwegian company developing infrastructure for cross-border CO₂ transport and storage in Europe, signed a memorandum of understanding (MOU) to accelerate and develop CCS solutions, such as CO₂ capture, transportation, and storage applied to power plants powered by GE gas turbines. Both companies will develop technical and logistical solutions.

“At GE, we are continually advancing our power generation technologies towards near zero-carbon emissions, and this evolution includes the use of carbon capture and sequestration in order to drastically reduce CO2 emissions in the critical effort to mitigate climate change,” said Martin O’Neill, Vice President of Strategy for GE Gas Power. “We look forward to collaborating with Northern Lights on the development of compatible CO₂ transfer systems, in support of our mutual goal of reducing carbon emissions from gas-fired power plants, which provide crucially reliable, affordable, and resilient electricity for homes and businesses worldwide.”