GE Energy and oilfield services company Schlumberger have signed an alliance agreement aimed at accelerating the deployment of clean coal and carbon capture technology.
The two companies are joining forces to offer GE’s integrated gasification combined cycle (IGCC) technology alongside Schlumberger Carbon Services’ carbon dioxide (CO2) storage expertise. The companies have said, however, that regulations surrounding the capture and storage of CO2 need to be more robust.
“This is a first-of-its-kind alliance between leaders in IGCC technology and CO2 storage to accelerate the commercial development and deployment of cleaner coal power and encourage the proper regulatory framework,” said John Lavelle, President of GE Energy’s Gasification business.
The deal will provide customers with a “complete answer” for IGCC with carbon capture and storage (CCS), says GE, which can design and supply IGCC plants with carbon capture attached, or carbon capture-ready for retrofit.
“GE’s IGCC plants can be built with CCS from the beginning or designed to be retrofit when clear policy and regulations create an appropriate environment,” said the company in a statement.