Hanwha Power Systems signs MOU with TC Energy to accelerate commercialization of sCO2 power generation [Yahoo! Finance]
TC Energy Corporation (TRP)
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Source: Yahoo! Finance
Project aims to commercialize super-critical CO2 waste heat recovery technology in a pipeline compressor station providing zero-carbon electricity for on-site demand. SEOUL, South Korea Nov. 21, 2024 /PRNewswire/ -- Hanwha Power Systems Co., Ltd. (CEO: Justin ( Koo Yung) Lee ) today announced that it has signed a Memorandum of Understanding (MOU) with TC Energy for business cooperation in developing an sCO2 WHR (Waste Heat Recovery) project which will utilize the heat stream at a natural gas pipeline compresso r station. The MOU outlines the installation of an sCO2 power generation system at a compressor station owned and operated by TC Energy in the state of West Virginia . The system will recover the unused waste heat exhaust from a gas turbine compressor set, and provide a lower cost, carbon free renewable generation solution. Hanwha Power Systems plans to secure this sCO2 commercialization project as a foundation for expanding its sCO2 power generation business in the North
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