Valverde licences Clean Energy Systems clean power technology

Oct 07 2021

Valverde Power Solutions has entered into an agreement with CES to use its Oxy-Fuel Combustion technology for an initial 15 CCS power projects.

The projects will be located in in the United States, Mexico and Canada.  The CES Oxy-Fuel Burner allows the generation of electricity with 100% carbon capture creating clean power while efficiently using domestically produced natural gas.

Through the Master License Agreement and CES' minority ownership position in VPS, the companies are now entering into a collaborative partnership to advance the Oxy-Fuel Combustion technology in oil and gas fields and in other industrial applications, where natural gas can be converted into carbon-neutral electricity and the carbon dioxide (CO2) sequestered or provided to enhanced oil recovery (EOR) operators. 

Importantly, oilfield operations can now easily be powered by clean energy reducing their carbon footprint at the field level.  CO2 and electricity comprise two of the largest operating expense components of EOR operations and significant OPEX efficiencies can be achieved through the VPS plant design and the Oxy-Fuel Combustion technology.  

The Agreement will also enable VPS to produce a reliable and stable supply of clean electricity, complementing other clean sources of electricity from renewables and thereby contributing to an integrated, robust and environmentally friendly power grid for our economies.

Valverde Power Solutions

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Issue 82 - July - Aug 2021

CCUS in Australia: Carbon Capture absorbent development at CSIRO Energy .. Santos CEO calls on Australia to be ‘CCS superpower’ .. Australia invests $50 million in six projects Mitsubishi: enabling the future of CCUS on the route to Net Zero .. Incr.....