BOULDER, Colo., Oct. 12, 2016 /PRNewswire/ -- ION Engineering, a leading carbon capture technology company, today announced it has initiated testing of its proprietary CO2 liquid absorbent system at Technology Centre Mongstad (TCM), the world's largest and most advanced carbon capture test facility located at Statoil's Mongstad refinery in western Norway.
This is the next step in the development of ION's liquid absorbent system and is a continuation of a multi-year Cooperative Funding Agreement with the U.S. Department of Energy's National Energy Technology Laboratory (NETL). In total, ION will receive over $16 million in funding from NETL. Previously, ION successfully completed testing of its technology at the National Carbon Capture Center (NCCC) in Wilsonville, AL, USA at the pilot scale in 2015.
The test campaign aims to further scale-up and validate ION's proprietary CO2 capture technology and reinforce the 2nd generation liquid absorption system's readiness for industrial-scale deployment. The collaborative project between TCM, ION, and NETL will demonstrate ION's liquid absorbent system at TCM's exisiting 12 MWe test facility that utilizes industrial flue gases to simulate coal-fired conditions.
Alfred "Buz" Brown, ION's CEO, said, "ION maintains a world class research and development organization and we look forward to working with the world's largest and most advanced test facility. TCM is an ideal environment that allows us to validate our process at a large industrial test facility. The opportunity to test at TCM represents the final step in our ability to deploy our technology at commercial scale."
About ION Engineering
ION Engineering is developing carbon dioxide (CO2) capture technology to reduce overall costs and make CO2 capture a more viable option for greenhouse gas mitigation. The Company is commercializing its proprietary liquid absorbent process and enabling technologies for use by large point sources including natural gas and coal-fired power plants, which is safer and more efficient than current commercial solutions. ION is currently working with local and global partners to deploy its carbon capture technology in commercial settings. Following successful testing at Technology Centre Mongstad, ION is targeting commercial demonstration of its technology beginning in 2017.
Find more information at http://www.ion-engineering.com/.
About Technology Centre Mongstad DA
Technology Centre Mongstad (TCM) is the world's largest and most advanced facility for testing and improving CO2 capture. TCM is a joint venture set up by the Norwegian state (75.12%), Statoil (20%), Shell (2.44%) and Sasol (2.44%). It aims to increase knowledge on carbon capture technologies in order to reduce technical and financial risk and accelerate the development of qualified technologies capable of large scale international deployment.
The center comprises two CO2 capture plants each with a capacity to capture approximately 80,000 tons of CO2 from the nearby refinery or 20,000 tons from a gas-fired power plant. In addition, the center has available space and infrastructure to sustain the next generation technologies to be tested in the future.
More information on TCM can be found at www.tcmda.com.
SOURCE ION Engineering