Aker Carbon Capture

Regulatory Filings • Dec 13, 2023

Aker Carbon Capture awarded Process Design Package for Uniper's Grain power station in the UK, to potentially capture over 2 million tonnes of CO2 per year

Aker Carbon Capture awarded Process Design Package for Uniper's Grain power station in the UK, to potentially capture over 2 million tonnes of CO2 per year

Uniper has awarded Aker Carbon Capture a Process Design Package (PDP) to deliver

design studies for a proposed post combustion carbon capture plant at their

Grain power station in the Southeast of England, on the Isle of Grain, in Kent.

Uniper's Grain Carbon Capture project is a proposal to retrofit post combustion

carbon capture technology on up to all three of the existing Combined Cycle Gas

Turbine (CCGT) units at the power plant, with the potential to capture over 2

million tonnes of CO2 per year.

In the first phase, Aker Carbon Capture will provide its proprietary process

technology design to capture carbon from the existing CCGT units at the plant,

delivering a PDP that will establish the process design for the CO2 capture,

conditioning, liquefaction, and temporary storage facility, as well as

incorporating potential heat integration solutions. The PDP includes the

necessary design information required by an Engineering, Procurement and

Construction (EPC) firm to perform final engineering of the plant.

This highly optimized design will make use of Aker Carbon Capture's best in

class intellectual property, process design expertise and project execution

experience. The PDP delivery process, will allow Uniper to evaluate Aker Carbon

Capture's technology for one of the three gas turbines, helping to inform

planning and permitting applications for the future construction and operation

of the carbon capture plant at the existing power station.

If Uniper selects Aker Carbon Capture as technology licensor at the end of the

PDP process, the next step will be to move to the front-end engineering and

design phase ahead of a final investment decision, which is expected to be taken

by Uniper in the mid-2020s.

"We are excited to support Uniper with our carbon capture technology on their

path to make their European power generation portfolio 80% carbon neutral by

2030.  The development of this PDP, building on Aker Carbon Capture's recent

completion of FEED studies for other major gas-to-power projects in the UK, will

provide a solid foundation for these efforts", said Egil Fagerland, Chief

Executive Officer at Aker Carbon Capture. "This award is a huge steppingstone

towards turning our existing Big Catch EPC offering into a License and Key

Equipment model. If this project reaches a Final Investment Decision (FID), Aker

Carbon Capture may have the opportunity to provide the full technology license

and deliver key equipment. Uniper has the option to commission a license to

install our technology on all three CCGT units." continued Fagerland.

"We look forward to the collaboration on our route towards Net-Zero. Aker Carbon

Capture has a long experience of amine-based technology, and this PDP will help

us to make a well-grounded technology decision for the road ahead."

Roger Brandwood, Project Manager for Uniper's Grain Carbon Capture project,

said;

"The award of the first PDP contract to Aker Carbon Capture signifies a key

milestone in the development of our plans to decarbonize electricity production

at our Grain power station. The Grain Carbon Capture project will contribute

towards Uniper's ambitious strategy to make our European power generation 80%

carbon neutral by 2030. Additionally, it could also help to support the UK's

transition to a decarbonized electricity system by potentially removing over two

million tonnes of CO2 per year whilst continuing to provide flexible and

reliable power to the national grid.

We look forward to working with Aker Carbon Capture during this first phase of

the design competition, to identify the most effective technology solutions to

help deliver Uniper's and the UK's decarbonization strategies."

The UK Government has committed to investing up to GBP 20 billion over the next

two decades for local carbon capture and storage (CCS) projects. To achieve the

UK Government's ambition of capturing 20-30 million tonnes of CO2 by 2030, more

CCS projects will need to come online. The UK Government has committed to

deploying CCS in 2 industrial clusters by the mid-2020s (Track 1), then in a

further 2 clusters by 2030 (Track 2).

ENDS

Media contact:

Aker Carbon Capture

Marianne Stigset, mob:?+47 41 18 84 82 (http://tel:+47 41 18 84 82), email:

marianne.stigset@akerhorizons.com

Uniper

Sonia Luck, mob: +44 121 329 4404 (http://tel:+44 121 329 4404), email:

pressoffice.uk@uniper.energy, website: https://www.uniper.energy/

Investor contacts:

David Phillips, mob: +44 7710 568279 (http://tel:+44 7710 568279), email:

david.phillips@akercarboncapture.com

Notes to editors

Aker Carbon Capture is the carbon capture provider for a FEED for bp's Net Zero

Teesside Power and the FEED for SSE Keadby 3 in the UK. Both are potential mega

-scale carbon capture projects at gas-to-power facilities. The learnings from

these projects will contribute to cost and delivery benefits for the large-scale

emitter market, such as this PDP for Uniper. At Heidelberg Materials' cement

plant in Norway, Aker Carbon Capture is currently delivering a highly optimized

Big Catch plant to capture 400,000 tonnes CO2 per year.

About Uniper's Grain Carbon Capture project

Uniper's Grain Carbon Capture project is a proposal to retrofit post combustion

carbon capture technology on potentially all three units of the existing 1,326MW

Combined Cycle Gas Turbine (CCGT) plant at Grain power station located in the

South East of England, on the Isle of Grain. The exhaust gases from potentially

all three units of the existing CCGT plant would be re-directed towards a new

capture plant where the CO2 would be extracted. This would be integrated within

the existing power station boundary. The captured CO2 could then be cooled,

compressed and liquified, prior to being shipped, or compressed for gaseous

pipeline export, for permanent offshore storage in the seabed. The project has

the potential to be a key enabler to deliver both Uniper's and the UK's

decarbonisation strategies, whilst continuing to provide flexible and reliable

power generation.

Aker Carbon Capture is a pure-play carbon capture company with solutions,

services and technologies serving a range of industries with carbon emissions,

including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen

segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a

unique, environmentally friendly solution for removing CO\2\ emissions.

Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect

with us on LinkedIn (https://www.linkedin.com/company/aker-carbon

-capture), Facebook (https://facebook.com/akercarboncapture),

Twitter (https://twitter.com/akercarbon),

Instagram (https://www.instagram.com/akercarboncapture/) and

YouTube (https://www.youtube.com/channel/UCqE71jAZxmM-CNhfUQq86kQ). This press

release may include forward-looking information or statements and is subject to

our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).

Düsseldorf-based Uniper is an international energy company with activities in

more than 40 countries. The company and its roughly 7,000 employees make an

important contribution to supply security in Europe, particularly in its core

markets of Germany, the United Kingdom, Sweden, and the Netherlands.

Uniper's operations encompass power generation in Europe, global energy trading,

and a broad gas portfolio. Uniper procures gas-including liquefied natural gas

(LNG)-and other energy sources on global markets. The company owns and operates

gas storage facilities with a total capacity of more than 7 billion cubic

meters.

Uniper intends to be completely carbon-neutral by 2040. Uniper aims for its

installed power generating capacity to be more than 80% zero-carbon by 2030. To

achieve this, the company is transforming its power plants and facilities and

investing in flexible, dispatchable power generating units. Uniper is already

one of Europe's largest operators of hydropower plants and is helping further

expand solar and wind power, which are essential for a more sustainable and

secure future. The company is progressively expanding its gas portfolio to

include green gases like hydrogen and biomethane and aims to convert to these

gases over the long term.

Uniper is a hydrogen pioneer, is active worldwide along the entire hydrogen

value chain, and is conducting projects to make hydrogen a mainstay of the

energy supply.

In the UK, Uniper owns and operates a flexible generation portfolio of seven

power stations, a fast-cycle gas storage facility and two high pressure gas

pipelines, from Theddlethorpe to Killingholme and from Blyborough to Cottam. We

also have significant long-term regasification capacity at the Grain LNG

terminal in Kent, to convert LNG back to natural gas.