KEPPEL Seghers and the National Environment Agency (NEA) announced on Thursday (Jul 7) that they have signed a memorandum of understanding (MOU) to study the feasibility of carbon capture in local waste-to-energy (WTE) plants.

In a bourse filing, the environmental technology and infrastructure unit of Keppel Infrastructure said that the collaboration will leverage its experience and expertise in an earlier carbon-capture feasibility study, which it completed for UK’s Runcorn Energy-from-Waste plant.

The two parties will also work together to explore opportunities for offstake and storage of the captured carbon to close the carbon-cycle loop.

Carbon capture at WTE plants could help them achieve net-zero emissions in their operations, and potentially net negative emissions, Keppel Seghers said.

The company will also explore the development of a pilot carbon-capture facility, integrated with selected WTE plants to validate the suitability of carbon-capture technologies.

Chief executive of Keppel Infrastructure Cindy Lim said that the collaboration is in line with Keppel’s Vision 2030 and the drive to help Singapore and its customers get to net-zero emissions.  (Keppel’s Vision 2030 is aimed at driving the company’s long-term strategy and transformation. From a conglomerate of diverse parts, Keppel plans to refocus its portfolio to be an integrated business, providing end-to-end solutions for sustainable urbanisation, with an asset management arm to fund the Group’s growth and provide a platform for capital recycling.)

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Currently, WTE plants incinerate waste to reduce the volume of waste for landfilling, and in the process, recover energy for electricity generation. Doing this gets around the generation of methane emissions, which would have arisen from direct landfills.

Shares of Keppel Corp : BN4 0% closed up 1.2 per cent or S$0.08 at S$6.53 on Thursday, before the announcement was made.