The agreement aligns GE’s experience in integrated gasification combined-cycle (IGCC) systems with proven carbon capture capabilities and Schlumberger’s geologic storage expertise and capabilities for site selection, characterization and qualification.

While the new arrangement provides technical and commercial expertise for moving forward with coal-based power generation, clear regulations and policies are reportedly needed for large-scale implementation.

John Lavelle, president of GE Energy’s gasification business, said: 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.