Capsol Technologies Asa · OSL:CAPSL
Capsol Technologies Asa — Gastech Bangkok (2026)
21 slides from Capsol Technologies Asa's conference presentation, Sep 18, 2026
Slide 1: Decarbonizing gas-to-power for data centers
Decarbonizing gas-to-power for data centers Tamás Ungár Solutions & Proposal Manager Capsol Technologies ASA
Slide 2: Slide 2
Slide 3: Power demand is outrunning the grid
01 - THE OPPORTUNITY Power demand is outrunning the grid
Slide 4: Demand for firm power continues to grow at unprecedented levels for US utilities
Demand for firm power continues to grow at unprecedented levels for US utilities with 183 GW of large-load demand already under construction or committed Forecasted total load growth of ~90GW by 2030; Utilities redirecting capital towards these commitment Source: Wood Mackenzie, "US data center pipe
Slide 5: Gas turbines power the next wave of U.S. electricity demand
Gas turbines power the next wave of U.S. electricity demand Capsol’s strongest applications for decarbonizing gas turbine power across utilities, data centers, and pipelines Utility power and Midstream pipelines / Data centers open cycle O&G High-efficiency baseload Reliable prime or backup Mechanic
Slide 6: A fleet built for peaks, not baseload
02 - THE CHALLENGE A fleet built for peaks, not baseload
Slide 7: Large brownfield opportunity from underutilized, grid-connected US gas turbines
Large brownfield opportunity from underutilized, grid-connected US gas turbines ~2,300 simple-cycle gas turbines represent ~161 GW of existing capacity, with ~65 GW assessed as attractive for CCUS Attractive for CCUS¹: 〜950 simple cycle gas turbines (〜65GW capacity) 〜55GW of unused viable capacity E
Slide 8: CapsolGT converts simple-cycle peaker assets into low-carbon baseload units
CapsolGT converts simple-cycle peaker assets into low- ® carbon baseload units TODAY | PEAKER CapsolGT® RETROFIT TARGET | BASELOAD | LOW-CARBON Simple-cycle gas turbine • <150 MW Capture carbon and recover exhaust heat Near-full utilization plus incremental output ~15% utilized 80–90% utilized ~85%
Slide 9: How CapsolGT works
03 - THE TECHNOLOGY How CapsolGT® works
Slide 10: 90%+ (Confidential)
Confidential 90%+ Confidential Transmittal, reproduction, dissemination and/or editing of this document as well as utilization of its contents and communication thereof to others without express authorization are prohibited. Offenders will be held liable for payment of damages. All rights created by
Slide 11: Capsol technologies process graphic
r capsol technologies
Slide 12: Performance across turbine sizes
Performance across turbine sizes 25MW Turbine 60MW Turbine ISO @ 15°C ISO @ 15°C Gas turbine power produced 24.0 60.9 (MWel) CO₂ capture rate (%) 90.4 91.4 CapsolGT® power produced 3.2 10.5 (MWel)¹ Net power after CO₂ purification 1.7 7.4 (MWel) CapsolGT® share of total plant 6.7% 10.8% output ¹ Inc
Slide 13: CCGT + amine capture vs CapsolGT
CCGT + amine capture vs CapsolGT CCGT + Amine capture plant CCGT + Amine CapsolGT® Turbine Baseload Combined cycle Total power output Higher level of power output Amine + incremental power HRSG carbon capture Combined cycle (Heat Recovery CAPEX Smaller plant plant + amine plant Steam Generation) Tur
Slide 14: Already running at scale
04 - THE PROOF Already running at scale
Slide 15: Point source carbon capture technology
Point source carbon capture technology Carbon capture and heat generation in one for energy production and hard-to-abate sectors North America: Europe: Attractive capture cost Focus on gas turbines Focus on cement and biomass/EfW 20-60% Lower than amines1 Demonstration hours >24,000 Ten campaigns, p
Slide 16: Product portfolio meeting customer needs
Product portfolio meeting customer needs CapsolGo® CapsolEoP® CapsolGT® Demonstration units Full-scale plant Gas turbines Image: Stockholm Exergi by Urban Design •
Slide 17: CapsolGo carbon capture demonstrations
CapsolGo® carbon capture demonstrations Hours in operation >24,000 Number of CapsolGo® units 3 Number of liquefaction units 2 Campaigns contracted 10 Baltic: Demonstrations with Finished campaign: Ongoing: Demonstration at Campaign duration (months) liquefaction at SCHWENK Demonstration at Holcim Ce
Slide 18: Product portfolio meeting customer needs
Product portfolio meeting customer needs CapsolGo® CapsolEoP® CapsolGT® Demonstration units Full-scale plant Gas turbines Image: Stockholm Exergi by Urban Design •
Slide 19: Stockholm Exergi BECCS
Stockholm Exergi BECCS • Retrofit to an existing bio-CHP (combined • Project is progressing according to plan, with heat and power plant) – sustainable biomass sourcing targeted start-up in 2028 • No energy penalty – produces more heat for • Capsol supports the project with HPC technology, district
Slide 20: Turn idle peaking capacity into low-carbon baseload power
Turn idle peaking capacity into low-carbon baseload power The opportunity The technology The path forward CapsolGT® captures 90%+ of CO₂ from turbine ~161 GW of U.S. simple-cycle gas turbines run Retrofitting existing, already-permitted turbines exhaust while producing net additional power. at only
Slide 21: Thank you
THANK YOU