Baker Hughes Introduces CarbonEdge™ to Transform CCUS Projects
Baker Hughes Unveils CarbonEdge™ for Enhanced CCUS Management
Baker Hughes, a prominent energy technology company, recently introduced CarbonEdge™, a groundbreaking digital solution aimed at transforming carbon capture, utilization and storage (CCUS) projects. The platform integrates subsurface and surface data, providing a cohesive view across all CCUS operations. By leveraging Baker Hughes’ vast technological portfolio and expertise in this area, CarbonEdge™ promises to support the entire CCUS value chain effectively.
Understanding the Features of CarbonEdge™
CarbonEdge™ is powered by Cordant™, presenting itself as the first risk-based digital platform that addresses essential aspects of CCUS operations. This innovative system is designed to facilitate comprehensive support, ensure regulatory reporting compliance, and enhance operational risk management.
One of the significant benefits of CarbonEdge™ is its user-friendly, integrated dashboard that delivers real-time insights and alerts on carbon dioxide (CO?) flow. This seamless connectivity enables stakeholders to monitor the entire lifecycle of CCUS projects, from the initial capture and compression stages to pipeline transportation and subsurface storage.
Why Choose CarbonEdge™?
The connectivity created by CarbonEdge™ allows participants in CCUS initiatives to better manage risks associated with their operations. Enhanced decision-making capabilities are also a notable aspect, as the platform provides precise data that improves operational efficiency. Additionally, it streamlines regulatory reporting, a critical element in the ever-evolving landscape of energy regulations.
Collaborative Efforts with Wabash Valley Resources
Baker Hughes is collaborating with Wabash Valley Resources, a leader in low-carbon ammonia fertilizer production, to implement CarbonEdge™. This partnership aims to harness the platform for the measurement, monitoring, and verification of CO? emissions related to WVR’s operations. As a launch customer, WVR will utilize CarbonEdge™ for comprehensive data management regarding captured, transported, and sequestered CO? volumes.
The Future of CarbonEdge™
The collaboration between Baker Hughes and Wabash Valley Resources underscores the commitment to refining CarbonEdge™ for better adaptability in a rapidly changing industry. As environmental regulations tighten and the call for decarbonization grows, such technology solutions will be paramount for energy companies. Lorenzo Simonelli, Chairman and CEO of Baker Hughes, emphasizes this sentiment by stating that CCUS technology is essential for achieving decarbonization goals across the energy and industrial sectors.
Expanding Baker Hughes’ Digital Solutions
CarbonEdge™ is a vital addition to Baker Hughes' Climate Technology Solutions. It stands out as the first fully integrated digital offering within this portfolio, joining other innovative products such as JewelSuite™, Leucipa™, and Cordant™. Together, these solutions aim to enhance operational predictability and optimize efficiency while ensuring a lower emission footprint.
Connecting Sustainability and Efficiency
This digital suite is exceptionally relevant as energy companies continue to seek effective methods to lower emissions while maintaining optimal operation. The first-to-market position of CarbonEdge™ reinforces Baker Hughes’ commitment to sustainability and operational excellence.
About Baker Hughes
Baker Hughes (NASDAQ: BKR) has built a reputation for excellence in energy technology over its century-long history. With operations in over 120 countries, the company allows energy and industrial clients to develop safer, cleaner, and more efficient practices. Baker Hughes remains dedicated to advancing energy solutions that benefit both people and the planet.
For Further Inquiries
Media relations can be directed to Chiara Toniato at +39 3463823419 or via email at chiara.toniato@bakerhughes.com. For investor relations, Chase Mulvehill is available at +1 346-297-2564 or investor.relations@bakerhughes.com.
Frequently Asked Questions
What is CarbonEdge™ by Baker Hughes?
CarbonEdge™ is a digital solution that integrates data across carbon capture, utilization, and storage operations to enhance efficiency and compliance.
How does CarbonEdge™ support CCUS projects?
The platform aids in risk management and regulatory reporting while optimizing operational activities across the entire CCUS lifecycle.
Who is collaborating with Baker Hughes on CarbonEdge™?
Baker Hughes is partnering with Wabash Valley Resources, utilizing CarbonEdge™ for monitoring CO? emissions related to low-carbon ammonia production.
What kind of technology does Baker Hughes incorporate in CarbonEdge™?
CarbonEdge™ combines advanced risk management, comprehensive digital monitoring, and engineering expertise to address CCUS needs effectively.
Where can I learn more about Baker Hughes?
For additional information, you can visit Baker Hughes’ official website at bakerhughes.com.
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