Just Catch(TM) development project for CO2 capture from gas power launched by Aker Kvaerner.

(From Hugin)

13 December 2005 - Together with ten partners and Gassnova, Aker Kvaerner invests NOK 32 million in Just Catch(TM). The project aims to develop a technology enabling a more cost efficient way of capturing CO2. The environmental friendly technology, which can be implemented for gas power plants within 2010, will be owned by Aker Kvaerner.

The project is a result of a study done in 2004 and 2005 which indicated a significant potential for cost reductions applying new technological solutions. The study showed a reduction of 50 percent on investments and 30 percent on operating costs compared to a reference facility developed by the international …