SHANGHAI ELECTRIC POWER PLANT GROUP WON THE CONTRACT FOR THE RED GULF CARBON CAPTURE AND UTILIZATION PROJECT

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On February 28, Shanghai Electric Power Station Group announced that it had successfully won the bid for the Red Gulf carbon capture and utilization project. The company stated that the Power Plant Group will be responsible for the engineering design of the EP section of the flue gas carbon capture and utilization project at the Red Gulf Power Generation Company’s coal-fired power plant, as well as the supply of all carbon capture equipment. This marks an important breakthrough for the power plant group in the field of carbon capture, utilization, and storage (hereinafter referred to as “CCUS”). This project is designed to capture 3,000 tons of carbon dioxide per year, with a purity of not less than 99.9%. It can operate stably within a load range of 30% to 110%. The captured carbon dioxide will be used for carbon sequestration via microalgae as well as as a replacement gas for power plant generators. This innovative approach holds significant demonstration value and prospects for wider adoption. This project not only further strengthens the power plant group’s technical advantages and market competitiveness in the CCUS industry chain, but it also contributes to the low-carbon transformation of the power sector in the Guangdong-Hong Kong-Macao Greater Bay Area. It provides important support for the region’s sustainable and high-quality development, thereby helping to advance China’s CCUS industry in a direction characterized by scale and high quality.