Press release
Baker Hughes Invests in Bio-methanation Technology Company Electrochaea to Expand Carbon Utilization Portfolio with Power-to-Gas Solution
Electrochaea technology enables CO2 recycling into grid-quality, low carbon synthetic natural gas (SNG), contributing to decarbonization of hard-to-abate
About this update from Baker Hughes Company
[{"type":"text","content":"\n\nElectrochaea technology enables CO2 recycling into grid-quality, low carbon synthetic natural gas (SNG), contributing to decarbonization of hard-to-abate sectors, such as transportation and heating.\n\n\nBaker Hughes will combine its post combustion carbon capture technology with Electrochaea’s bio-methanation technology to develop and commercialize an integrated carbon capture and utilization (CCU) solution.\n\n\n MUNICH & HOUSTON & LONDON--(BUSINESS WIRE)--\nBaker Hughes (NYSE: BKR), an energy technology company, has announced an investment in Electrochaea, a growth stage company developing novel proprietary bio-methanation technology. Through its investment, Baker Hughes will enhance its broader carbon capture and utilization (CCU) portfolio and provide an integrated solution for customers across the carbon dioxide (CO2) value chain to enable the production of low carbon synthetic natural gas (SNG) from captured CO2 and green hydrogen, helping meet demand for cleaner fuels to advance the energy transition.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210628005368/en/\nThe Electrochaea bio-methanation process is an accessible, highly-efficient, scalable and complementary technology to the Baker Hughes CCU portfolio. The two companies will join efforts to accelerate the scale up and industrialization of the technology, and they will develop the commercialization of an innovative integrated carbon capture and utilization solution. Once commercialized, the solution will provide to customers a unique ability to transform CO2 emissions into clean SNG.\n\nBaker Hughes will draw from its portfolio of carbon capture technologies, including its Compact Carbon Capture design, to provide integrated solutions tailored to specific applications utilizing both CO2 sources with biogenic origin, such as biomass and waste-to-energy plants, as well as sources based on combustion of fossil fuels, such as industrial plants.\n\n“The combination of these technologies provides an integrated method to decarbonize hard to abate sectors such as road transportation and heating”, said Rod Christie, executive vice president of Turbomachinery & Process Solutions at Baker Hughes. “This agreement is another deliberate step in our strategy to position Baker Hughes for new energy frontiers lik...