HD KSOE and HHI Power Systems to Develop OCCS
현대중공업파워시스템 2024-02-22 621
Hyundai Heavy Industries Power Systems (HPS), together with HD
Korea Shipbuilding & Offshore Engineering (KSOE) and CE-TEK has signed a
joint development program agreement for the research and development of Onboard
CCS demonstration units. The Onboard CCS demonstration
unit is scheduled to undergo commissioning and performance testing in the first
half of 2025. Installation will take place at the Hyundai Heavy Industries
Carbon Neutrality Demonstration Center site in Ulsan.
CE-TEK is tasked with developing the most optimal solvent for
Onboard CCS, utilizing its proven solvent technology, which has demonstrated
outstanding performance in capturing CO₂ from exhaust gases with low CO₂ concentration level, reducing the regeneration energy by 30%
compared to conventional solvents. HPS plays a key engineering role in
developing a highly efficient and reliable carbon capturing system for this
project. Leveraging its experience in offshore and onshore CCUS projects, it
aims to expand its solutions in the carbon capture field. KSOE, leading
the project, will integrate its proprietary technologies related to heat, fuel
gas handling and ship operating mechanisms for the most reliable and energy
efficient OCCS with smaller foot-print.
Commercial OCCS units are expected to
be deployed in the near future for versatile ship types using fossil fuel,
providing a competitive decarbonization option, especially for LNG-fueled
ships.
The International Maritime Organization (IMO) has announced greenhouse gas reduction targets for the maritime industry: 30% reduction by 2030 compared to 2008 levels, 80% reduction by 2040, and full decarbonization by 2050. Additionally, the International Energy Agency (IEA) stated in its 2020 report that “Reaching net zero will be virtually impossible without CCUS.” Major countries are ramping up investments to advance CCS technology, indicating rapid growth in the CCS industry.
Related Articles:
HPS, CE-TEK to develop onboard carbon capture system(KED Global)
HD KSOE and Hyundai Power Systems to Develop Onboard Carbon Capture System(Business Korea)
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), Hyundai Heavy Industries Power Systems (HPS), and
Norwegian Classification Society (DNV) for the demonstration signed a joint development agreement (JDP) for the
commercialization of 'Onboard Carbon Capture System' (OCCS).