GE Vernova and YTL PowerSeraya launch a carbon capture study in Singapore

GE Vernova and YTL PowerSeraya will assess the feasibility of capturing 90% of CO₂ emissions at a planned 600-megawatt gas-fired power plant in Singapore.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

GE Vernova, a US-based electric services company, has partnered with Singaporean power producer YTL PowerSeraya to conduct a feasibility study on carbon capture at a planned power plant. The 600-megawatt facility, designed to be hydrogen-ready, will be located on Jurong Island, the country’s main industrial hub, and is expected to be completed by the end of 2027.

A project targeting 90% of emissions

The study will evaluate a post-combustion carbon capture system capable of removing at least 90% of carbon dioxide (CO₂) emissions generated by the plant. The project will be partially funded by Singapore’s Energy Market Authority, the national energy regulator. The initiative aims to test the integration of this technology within a combined-cycle setup without compromising the plant’s energy performance.

GE Vernova’s first assessment in Singapore

This is GE Vernova’s first carbon capture study in Singapore. The company seeks to improve the efficiency of capture processes while minimising their impact on electricity output and operational costs. Ramesh Singaram, President and Chief Executive Officer of GE Vernova’s Gas Power division in Asia Pacific, stated that the initiative will help tailor future capture technologies to the specific demands of the local power grid.

An industrial issue for the region

Natural gas remains the dominant source of electricity generation in Singapore, making this project a significant step for the development of thermal infrastructure in the region. The integration of carbon capture systems into existing or planned facilities is a key focus for power producers aiming to reduce regulatory exposure and enhance industrial resilience.

The Canadian start-up has secured financing to complete a C$13.6mn project aimed at converting captured CO₂ and natural gas into high-value carbon nanofibres.
CO₂ removal techniques are moving from lab-scale to national and corporate strategies, but their development remains constrained without a clear legal framework and targeted incentives on the carbon market.
Norway plans up to $740mn to fund verified emission reductions, supporting Senegal’s entry into cooperation frameworks under the Paris Agreement.
Technip Energies strengthens its role in the Northern Lights project in Norway by supplying electric marine equipment for the transfer of liquefied CO2 at the Øygarden terminal.
An NGO identified 531 participants linked to carbon capture and storage technologies at COP30, illustrating the growing strategic interest of industry players in this technical lever within climate negotiations.
Driven by rising demand from China and India, the global carbon neutrality market is expected to grow by 7.3 % annually through 2035, supported by sustained investment in capture technologies.
Japan plans to increase its carbon capture, utilisation and storage capacity thirtyfold by 2035, but reliance on cross-border infrastructure may delay the government’s targets.
PETRONAS secures Malaysia’s first CCS permit and strengthens its upstream presence in Suriname, aligning an integrated strategy between CO₂ capture and low-cost offshore exploration.
The Peruvian government announces a 179 million tonne emissions target by 2035, integrating carbon market tools and international transfers to reach its climate goal.
The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.
Sinopec and BASF have reached a mutual recognition agreement on their carbon accounting methods, certified as compliant with both Chinese and international standards, amid growing industrial standardisation efforts.
NorthX Climate Tech strengthens its portfolio by investing in four carbon dioxide removal companies, reinforcing Canada’s position in a rapidly expanding global market.
With dense industrial activity and unique geological potential, Texas is attracting massive investment in carbon capture and storage, reinforced by new federal tax incentives.
The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.
A Wood Mackenzie study reveals that the EU’s carbon storage capacity will fall more than 40% short of the 2030 targets set under the Net Zero Industry Act.
A bilateral framework governs authorization, transfer and accounting of carbon units from conservation projects, with stricter methodologies and enhanced traceability, likely to affect creditable volumes, prices and contracts. —
Carbon Direct and JPMorganChase have released a guide to help voluntary carbon market stakeholders develop biodiversity-focused projects while meeting carbon reduction criteria.
Japan and Malaysia have signed a preliminary cooperation protocol aiming to establish a regulatory foundation for cross-border carbon dioxide transport as part of future carbon capture and storage projects.
Green Plains has commissioned a carbon capture system in York, Nebraska, marking the first step in an industrial programme integrating CO₂ geological storage across multiple sites.
The price of nature-based carbon credits dropped to $13.30/mtCO2e in October as a 94% surge in September issuances far outpaced corporate demand.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.