Khairani Afifi Noordin Thu, Jul 07, 2022
Keppel Infrastructure’s environmental technology and infrastructure unit Keppel Seghers and the National Environment Agency (NEA) have signed a memorandum of understanding for a joint study on the feasibility of Carbon Capture (CC) at Singapore’s waste-to-energy (WTE) plants.
The feasibility study will leverage Keppel Seghers’ experience and expertise in WTE plants as well as an earlier CC feasibility study that it completed for the Runcorn Energy-from-Waste plant in the UK.
WTE plants play an integral role in meeting Singapore’s solid waste management needs, where incinerable waste is combusted to reduce the volume of waste for landfilling and to recover energy for electricity generation.
In addition to considerable volume reduction and energy recovery, WTE plants contribute significantly to avoiding methane emissions which would have arisen from direct landfills.
To further reduce environmental impact and improve resource recovery, CC technology seeks to capture carbon dioxide emissions from the WTE process for storage and utilisation. This will enable WTE plants to achieve net zero emissions in their operations, and potentially net negative emissions.
Keppel Infrastructure CEO Cindy Lim said Keppel Seghers’ collaboration with NEA is in line with Keppel’s Vision 2030, which puts sustainability at the core of its strategy. “It leverages Keppel Seghers’ proprietary WTE know-how and carbon emissions management experience to help Singapore and our customers get to net zero and contributes to the global decarbonisation agenda,” she added.
Keppel Infrastructure’s parent company Keppel Corp does not expect the development to have any material impact on its earnings per share and net tangible asset per share for the current financial year.
Shares in Keppel Corp closed 8 cents higher or 1.24% up on July 7 at $6.53.