Baker Hughes unveils new digital platform for CCUS risk management

The end-to-end, risk-based platform, powered by Cordant, supports regulatory reporting and operational risk management by offering real-time data and alerts for CO2 flows across CCUS infrastructure.

CarbonEdge provides an integrated dashboard that connects the entire CCUS project life cycle, enabling customers to manage risk, make informed decisions, enhance operational efficiency and streamline regulatory reporting, the company claims.

The solution is designed to offer seamless connectivity and real-time insights from carbon capture and compression to pipeline transport and subsurface storage.

Baker Hughes’ portfolio now includes CarbonEdge, positioning it as the sole provider of advanced risk management and reporting technology for CO2 measurement, monitoring and verification (MMV).

The integration with Baker Hughes' modelling solutions is expected to facilitate storage site characterisation and comprehensive MMV frameworks.

Wabash Valley Resources has signed a long-term agreement with Baker Hughes to utilise advanced technology services for its low-carbon ammonia production.

As a launch customer, Wabash Valley Resources will implement CarbonEdge to measure and verify CO2 sequestration, collaborating on further platform development.

CarbonEdge is designed for rapid deployment and scalability, ensuring compatibility and data synchronisation across various digital components.

Applicable to diverse industries, this solution is said to be the first fully integrated digital offering within Baker Hughes' Climate Technology Solutions portfolio, joining other digital solutions such as JewelSuite, Leucipa and Cordant to boost efficiency and reduce emissions.

Baker Hughes Chairman and CEO Lorenzo Simonelli said: “CCUS technology solutions are essential for driving decarbonisation of the energy and industrial sectors on our path to solving climate change.

“With the launch of CarbonEdge, we not only expand our portfolio of digital solutions to support new energies and empower our customers’ ability to mitigate risk while enhancing operational efficiency, but also take a bold step toward a future with more sustainable energy development.”

The launch comes alongside news that US oil company Occidental’s CCUS unit 1PointFive has secured funding of up to US$500 million from the US Government.

Read the article online at: https://www.oilfieldtechnology.com/digital-oilfield/16092024/baker-hughes-unveils-new-digital-platform-for-ccus-risk-management/