Entergy, Mitsubishi Heavy Industries sign MOU to cut CCS costs 50%
ETR•
ETR•Entergy cited its proximity to the largest US CO2 pipeline network and favorable regional geology for permanent underground CO2 storage as key advantages.
The MHI offering pairs M501JAC gas turbines with carbon capture technology in a standardized package intended to improve project economics.
Entergy signed a memorandum of understanding with Mitsubishi Heavy Industries Group to develop a roadmap targeting a 50% cut in overall costs for integrated carbon capture and storage (CCS) projects at its power generation sites.
The partnership aims to accelerate commercialization of combined gas turbine combined cycle generation with CCS as customers push for reliable, affordable, lower-carbon power.