NETL Collaborates With U. S. Steel To Capture Greenhouse Gas At Edgar Thomson Plant
Portfolio Pulse from Benzinga Newsdesk
NETL and United States Steel Corporation (NYSE:X) are planning to test an advanced membrane technology to capture carbon dioxide emissions at the Edgar Thomson Plant in Pennsylvania. The project is part of the U.S. Department of Energy (DOE)/NETL Point Source Carbon Capture Program. The technology offers potential cost savings and reduced capital and maintenance costs. The unit is scheduled to be installed in early 2025 and the field test will run for approximately six months.
September 20, 2023 | 1:08 pm
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U.S. Steel's collaboration with NETL to test advanced carbon capture technology could potentially reduce its CO2 emissions, aligning with its net-zero goal by 2050. The project could also lead to cost savings and reduced capital and maintenance costs.
The collaboration with NETL to test advanced carbon capture technology could potentially reduce U.S. Steel's CO2 emissions, which is in line with the company's goal to achieve net-zero emissions by 2050. This could positively impact the company's reputation and investor sentiment. Additionally, the technology could lead to cost savings and reduced capital and maintenance costs, which could improve the company's financial performance.
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