Chevron Singapore, Keppel, and more industry leaders ink MoU to explore lower carbon opportunities

The parties aim to commercialise new lower-carbon technology pathways in Singapore.

Chevron Singapore, Keppel, Pan-United Corporation, Surbana Jurong, Air Liquide Singapore, Osaka Gas Singapore, and Pavilion Energy, have agreed to collaborate on lower carbon opportunities to support Singapore’s aspiration of achieving net-zero emissions by 2050.

The MoU is an extension of a previous agreement inked in July 2020, which aimed to accelerate the development of integrated and energy-efficient Carbon Capture, Utilisation and Sequestration (CCUS) systems that lead to industrially scalable solutions and a lower carbon economy for Singapore.

The parties, collectively known as the Low Carbon Technology Industry Consortium (LCT-IC), will work together to accelerate the development of cost-effective CCUS and the production, transportation, distribution and utilisation of lower carbon hydrogen and its derivatives at scale. 

The consortium aims to commercialise new lower-carbon technology pathways in Singapore.

Under the MOU, the LCT-IC members will seek to partner, exchange ideas, share technical insights and develop lower carbon research, development and demonstration guided by the following framework: 

• Research in lower carbon technology: Develop research and development projects on lower-carbon energy technology solutions together with various Institutes of Higher Learning (IHLs) and Research Institutes (RIs). Other industry collaborators could also be involved as required. 
• Technology Translation – Partner technology scale-up platforms to translate and advance lab-scale research and technologies of lower Technology Readiness Levels (TRL) to technology test-beds for scaleup.
• Scalable Solutions -- Establish scalable industrial solutions to realise lower carbon value chains, including first-of-its-kind, pre-commercialisation demonstration projects.