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The memorandum of understanding (MoU) signed on Thursday would focus on options to ship liquefied CO2 for developing carbon dioxide capture and storage (CCS) value chain for KEPCO’s thermal power plants, K Line said in a statement.
CCS technology removes CO2 emissions from the atmosphere and stores them underground, and is essential in achieving environmental targets of Japan and other developed nations.
Last year, KEPCO signed a MoU with Japanese shipping company Mitsui O.S.K Lines to study development of a CCS value chain which would include separation, capture, transportation, injection and storage of carbon dioxide emitted from KEPCO’s thermal power plants.
(Reporting by Katya Golubkova;Editing by Elaine Hardcastle)
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